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Search results for “six-star”
Breaking news: Jin Jiang Hotels and Plateno Group mull mega-merger
07/10/2015
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10:07:39 AM
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ChinaTravelNews has learned exclusively that Jin Jiang Hotels will make a strategic investment in Plateno Group that will lead to the link-up of the two groups.
Wanda Group enters OTA sector with $500m+ LY.com investment
07/06/2015
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6:59:29 PM
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China’s OTAs continue to attract not only eye-watering levels of investment but also new entrants, with LY.com getting RMB3.2 billion from Wanda Group.
Ctrip gears up for tougher battles in hotel contracting in Asia
06/09/2015
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7:08:01 AM
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The leading OTA acknowledges that signing of direct contracts with hotels isn’t a straightforward task in overseas markets. But the team is expanding in early days of Ctrip’s globalization.
Genting Hong Kong completes $550m acquisition of Crystal Cruises
05/19/2015
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5:38:09 PM
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Genting Hong Kong has completed the acquisition of Crystal Cruises from Nippon Yusen Kabushiki Kaisha for a total transaction of US$550 million.
Starwood Hotels pushes into Greater China with 20 new hotels
02/28/2015
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9:50:29 AM
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Starwood Hotels plans to open 20 hotels in greater China in 2015, including two luxury hotels, 12 high-end hotels, and six select boutique hotels.
China’s hotels register 58.31% AOR in Q3
12/30/2014
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5:24:39 PM
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China’s star-rated hotels had total revenues of RMB54.816 billion at average occupancy rate (AOR) of 58.31% in Q3 of 2014.
China Lodging Group sharpens portfolio strategy, targets network expansion
01/04/2015
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2:56:49 PM
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ChinaTravelNews assesses how China Lodging Group is planning to strengthen its network as well as direct sales capability, which currently accounts for 90% of its bookings.
Beijing’s tourism industry leads 2014 rankings
12/19/2014
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10:30:01 AM
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Forbes China shortlisted 100 cities with the highest tourism revenues for its list and used six weighted indexes for the ranking.
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