Search results for “investment and acquisition”
Room rates plunge as Shanghai luxury hotel glut continues
04/10/2015|9:24:28 AM|
Shanghai is experiencing a glut of premium hotels and the hotel industry will face a high vacancy rate if investments in new hotel projects continue unchecked.
Air China and Hainan Airlines partner with South African Airways
04/17/2015|3:18:00 PM|
SAA, Air China and Hainan Airlines are discussing a partnership to build an African aviation hub and possibily take equity in the struggling South African carrier.
Songcheng Performing Arts acquires regional Tibetan folk opera
04/08/2015|9:25:40 AM|
Songcheng will invest RMB87 million to acquire 60% holding in famous Tibetan folk opera Jiuzhaigou County Ronzhong Erjia Cultural Productions.
Fosun to snap up Thomas Cook’s Concept Hotels for European foothold
03/12/2015|4:46:31 PM|
Fosun plan to develop a new hotel chain brand for the Chinese market with Thomas Cook and acquire 220 Concept Hotels for 500 million euros.
Shiji Technologies to acquire 25 million euro stake in hotel IT company SnapShot
03/17/2015|2:28:07 PM|
Shiji Technologies will invest 25 million euros to acquire 55.45% equity, of Austrian hotel data management company SnapShot.
Tuniu expands with aggressive acquisition plans post IPO
03/10/2015|10:08:45 PM|
Tuniu has announced on March 9 2015 the acquisition of Hangzhou-based Zhongshan Travel and Tianjin-based China Classical Holiday.
Counting on data analytics for identifying and recognising customers
03/14/2015|2:32:02 PM|
Travel marketers are expected to capitalize on the prowess of big data and analytics. ChinaTravelNews learns how Qyer.com is approaching the same for tangible results.
SDHS gets the go ahead to participate in Toulouse Airport acquisition
03/17/2015|2:27:42 PM|
Shandong HI-Speed Group (SDHS) has been approved to participate in the acquisition of 49.99% equity of Toulouse Airport Company.
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