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Search results for “mergers”
BTG-Homeinns goes for franchise as combined net income drops
09/13/2016
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9:19:10 PM
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BTG Hotels, the new parent company of Homeinns, reported 66.73% decline in net income for the first half of 2016.
BTG Hotels net income surges 467.06% in Q3 2016
10/18/2016
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11:51:55 AM
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Operating revenue rose 541.76% to RMB 2.176 billion and net income climbed 467.06% to RMB 143 million, according to the company’s third-quarter preliminary results.
A busy year for travel acquisitions, lodging deals dominating
10/10/2016
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9:21:00 AM
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While Expedia Inc.’s buying spree created most of the mergers and acquisitions buzz last year, 2016 has been a quieter year for mega online travel agency acquisitions and the focus has shifted to hotel and other hospitality tech company acquisitions so far this year.
TUI Travel Shareholders Approve Merger with TUI AG
10/30/2014
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8:43:17 AM
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TUI AG jumped the most in more than a year after shareholders of TUI Travel Plc, Europe’s largest tour operator, approved the terms of a proposed merger between the two companies.
Tongcheng plans to acquire Wanda Tourism
10/10/2016
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5:43:49 PM
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Tongcheng Tourism and Wanda Group jointly announced on October 9 that the two companies plan to merge Wanda’s tourism unit with Tongcheng Tourism.
CTS and Mangocity merge for O2O integration
06/24/2015
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11:54:10 AM
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HKCTS Group has merged its subsidiary CTS with OTA Mangocity with CEO Jinling Li , indicating that HKCTS is taking a big leap towards O2O integration.
China extends review of Marriott-Starwood deal
08/09/2016
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6:46:06 PM
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China's commerce regulators requested to extend review period to approve the Marriott-Starwood deal for as long as 60 days.
TUI Travel bows out on good online growth, roll on the merger
12/06/2014
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1:14:51 PM
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TUI Travel has reported strong online growth highlighting £4.1 billion in online sales for mainstream business for the year ended 30 September 2014.
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