Search results for “investments”
Huatian Hotels gets cash windfall from private investors
01/05/2015|6:30:45 PM|
Huatian Hotels intended to issue only 150 million shares to raise RMB600 million, but Huaxin Turbine offered RMB1.653 billion in cash for 29.44% equity.
China Lodging Group sharpens portfolio strategy, targets network expansion
01/04/2015|2:56:49 PM|
ChinaTravelNews assesses how China Lodging Group is planning to strengthen its network as well as direct sales capability, which currently accounts for 90% of its bookings.
Taxi apps poised for transition to chauffeur service niche
02/03/2015|6:11:55 PM|
In the future Kuaididache and Didi Taxi shift the focus of their main operation to chauffeur service and channeling their existing users to it.
Spring Airlines and Juneyao Airlines in IPO race
01/13/2015|3:32:35 PM|
Spring Airlines is leading the private airline IPO race by launching online and offline shares subscription on January 12, just ahead of rival Juneyao Airlines.
Qunar vies for market share with startups in open platform scheme
01/05/2015|2:50:43 PM|
Qunar is aggressively recruiting startups in a bid to counter strong competition and secure a corner on the market.
Sabre is ready to spend $500M, and Abacus is a likely target
01/29/2015|8:14:35 AM|
Sabre said in a financial filing this week that it was considering an acquisition to the tune of half-a-billion dollars during the next two months.
Chinese company acquires LAX Marriot
12/29/2014|11:05:01 AM|
China XLD Group’s acquisition of the Los Angeles Airport Marriot for US$165 million is the second Marriot acquisition for the group in a year.
HKCTS shifts focus to combining tourism with real estate
12/29/2014|9:52:25 AM|
HKCTS is focusing on developing tourism lifestyle products and redefining its destinations.
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