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Wanda Tourism sees excellent growth in subsidiaries
12/17/2014|10:24:28 AM|
Wanda Group’s tourism subsidiaries reported RMB1.71 billion revenues, equivalent to 24% of this year's annual revenue goal of RMB 7.125 billion.
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.
Wanda to invest in payment provider 99Bill
12/26/2014|9:37:30 AM|
Jianlin Wang sees the creation of a financial group as necessary for implementing the group’s corporate transition and for creating a new pillar operation and profit center.
LY.com teams up with Wanda Tourism
12/22/2014|10:23:12 AM|
LY.com and Wanda Tourism partner in the areas of product development, procurement, brand marketing and mobile internet.
Qunar’s new English sub-brand duplicates Alitrip’s branding
12/16/2014|10:09:16 AM|
Qunar had quietly bought the qua.com domain name and released its own English brand even before the celebration of Alitrip’s (Chinese:Qua) launch wound down.
Wanda Tourism acquires yet another regional tour operator
12/12/2014|11:03:34 AM|
Wanda Tourism continues its takeover of regional tour operators with its acquisition of Kunming Scenic Travel, Wanda’s 11th such acquisition after Hunan tour operator Easygoing.
China Lodging nabs three Merrylin Hotels
12/11/2014|11:32:07 AM|
China Lodging acquired long-term leasing of the properties and is committing RMB100 million to renovate the three Merrylin hotels for rebranding under its mid-range JI Hotel brand.
The Priceline Group and Ctrip Expand Partnership
08/07/2014|10:58:33 AM|
The Priceline Group agreed to invest $500 million through a convertible bond and Ctrip has granted The Priceline Group permission to acquire Ctrip shares in the open market over the next twelve months.
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