Search results for “investment”
Outbound Chinese investment to U.S. falls to 7-year low
Over the year, Chinese investors like Anbang Insurance, Dalian Wanda, Fosun International and HNA Group dropped at least $13 billion of U.S. assets with some headline-making deals.
CTS Group buys 34% stake in "micro vacation" resorts New Century Senbo for $23 million
New Century Senbo offers short-distance vacations near cities to the Chinese middle-class consumers.
Hot and not in travel startup funding during pandemic-stricken 2020
The private accommodation segment will continue to thrive, with more funding likely to be ploughed into startups in the space.
OTA giant names new chief; Travel group expands destinations | Weekly Review
CTS Group buys 34% stake in "micro vacation" resort brand for $23 million; Hotel digital solution provider Lumous closes Series B round.
OTAs buy into hoteliers; MGM China advised to partner travel giants | Weekly Review
China restricts travel for 11 million people in northern city; Weibo big data report shows family travel and “go west” are trending for hotels.
Hotel robot maker raises $77 million; OTA sees rising demand for family travel | Daily Brief
Hong Kong extends travel ban to Ireland and Brazil; Skyscanner pinpoints unserved routes for airlines via traveler intent tech.
Mobility firm seeks hotel trademark; Rosewood Hotel works with Trip.com | Daily Brief
Cathay Pacific reports 98.6% drop in passenger number; Top 20 China Travel Groups for 2020 announced.
Japan, China resume business travel; Infor launches cloud PMS in China | Weekly Review
Trip.com Group-owned hotel chain Rezen invests in a hotel management firm; Homesharing giant Tujia's rural operation spin-off firm secures $15.3 million funding.
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Top 20 economies suffering biggest tourism revenue loss due to COVID-19
Hopin acquires streaming platform Streamyard for $250 million
Macau has no guess on holiday visitors; China eyes full rebound of air travel | Daily Brief
Absence of Chinese tourists will cost Australia $1.4 billion
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