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Search results for “restructuring”
Hyatt signs deal with Booking.com as hedge against Expedia impasse
07/13/2017
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6:45:03 PM
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As their contract expiration deadline looms, Hyatt and Expedia are maneuvering for position with Hyatt property owners. The new Hyatt-Booking.com agreement gives Hyatt some leverage but it likely wouldn’t fully make up all the ground if the chain goes completely dark on Expedia.
Jin Jiang Hotels in major asset restructuring and joint investment with Plateno Group
08/27/2015
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6:07:23 PM
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Shanghai-based Jin Jiang Hotels Group has announced it is making cash-based acquisitions of compatible hotel assets from third parties in a major restructuring.
HNA receives $568m loan. Will it go to Hong Kong Airlines?
12/03/2019
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10:09:52 AM
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The lead bank in the loan is China Development Bank, which has been overseeing HNA’s restructuring.
HNA invests $27.5 million in a US-based OTA and abruptly closes it
05/03/2017
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10:01:13 AM
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HNA Group was majority shareholder of San Francisco-based OTA startup Travana, which is now subject of an involuntary bankruptcy petition filed by creditors last month in the city, reported Skift.
Tour and activities marketplace Zozi lays off 30% of staff
03/27/2017
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11:48:34 AM
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Zozi has laid off 30 percent of staff, TechCrunch learned and Zozi confirmed. The company says the restructuring will allow it to focus on its core B2B software platform, Zozi Advance.
Plateno Group restructures brand categories and plans A share listing
06/24/2015
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10:06:24 AM
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Plateno Group is doing structural reorganization and brand integration and is now looking for an opportunity to make an A share listing.
Phoenix Travel aims to restructure and improve technology after financing
02/13/2015
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11:43:39 AM
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Phoenix Travel Worldwide will make acquisitions and bolster its subsidary Global Joy while boosting its technological transition and trimming staff.
China Southern Airlines mulls mixed-ownership reform
01/11/2017
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7:27:00 PM
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China Southern Airlines will pursue mixed-ownership reform to bring in outside capital and expand its business by increasing investment in new emerging sectors.
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