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Search results for “restructuring”
Wanda Group restructured into three entities in transformation as a service provider
08/09/2017
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11:19:37 PM
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After selling its assets to Sunac China and R&F Properties, Wanda has started internal restructuring, forming new companies in tourism, media and sports to develop clearer business lines with Wanda Cultural Group.
Potential bidders circle Thomas Cook as it hires turnaround specialist
04/22/2019
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4:06:21 PM
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EU rules banning majority foreign ownership would block Fosun from running Thomas Cook’s airline arm.
OYO fully acquires Chinese rival startup Islands
03/28/2019
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10:58:54 AM
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The acquisition of this potential competitor not only delivers complementary advantages for OYO, but gives OYO more leverage in its expansion in China.
OYO China CFO: We’ll have clear models for hotel operation and profitability
03/04/2019
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8:57:29 AM
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"We know that speed, manpower efficiency and scalability are equally important. What’s not going to happen this year is that we will only manage to keep 5,000 of the 10,000 hotels we signed in 2018."
Air France-KLM moves to simplify airline group
02/22/2019
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6:00:07 PM
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IAG and Lufthansa are Air France-KLM’s biggest full-service rivals, but it also competes with low-cost carriers EasyJet and Ryanair.
Chinese take 140 million outbound trips, OTAs adapt apps to new rule, and more
01/12/2019
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3:19:16 PM
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Nearly 7 million Chinese will travel abroad for the upcoming Chinese New Year; $12.4 billion is to be pumped into civil aviation infrastructure this year; and China Railway will add 3,200 kilometers of high-speed rails in the country.
Wyndham eyes exceptional conditions for growth in China
06/22/2021
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3:07:08 PM
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After Wyndham's decision to restructure its team in the APAC region last year, the group is building on its direct franchising in China and also plans to target consumers from lower-tier cities.
Does Zuji’s demise signal the ebbing of HNA’s OTA play?
11/30/2018
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5:43:50 PM
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Zuji is not the first OTA acquired by HNA Group to struggle for survival, as it became apparent that HNA’s ambitious global expansion in recent years made it difficult for the group to build a viable ecosystem.
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