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Jin Jiang Hotels acquires 81% stake in Plateno Group

09/21/2015|8:55:46 AM|

Jin Jiang Hotels Group and Plateno Group officially sealed the strategic partnership deal in which Jin Jiang takes 81% stake in Plateno Group.

WeChat for room bookings isn’t just about revenue, experience counts too

08/05/2015|10:57:01 PM|

Rather than focusing on too many sales promotion messages on WeChat, hotel companies need to find ways to augment their customer experience program goals.

CAR Inc open to venturing into “auto-related” business areas

05/28/2015|9:27:51 PM|

CAR Inc's latest quarterly results have been an extension of its solid 2014 performance with gross profit up by 97% y-o-y to RMB1,239 million last year.

eHi eyes a portfolio of comprehensive mobility solutions

06/01/2015|9:18:09 PM|

eHi is currently evaluating its P2P car rental platform, as it becomes clear that car rentals in China aren't fitting into the traditional defintion of the industry.

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.

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.

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