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Search results for “six-star”
Casino-like hedges seen hurting airlines as crude plunges
12/05/2014
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4:29:06 PM
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Some Asian carriers, like Singapore Airlines Ltd. (SIA), have hedged fuel at an average of $116 a barrel of jet fuel, when spot market rates are about $85. That can result in losses on paper as airlines will have to account for their hedges or pay charges to unwind contracts prematurely.
New hotel openings accelerated in October
11/14/2014
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1:25:54 PM
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Eighteen new hotels went operational in China this October, of which 16 are 5-star hotels and two are three-star properties, boosting the country’s hotel room inventory by 5,139 rooms.
Sunshine Insurance acquires Sydney Sheraton on the Park
11/24/2014
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1:03:35 PM
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Sunshine Insurance Group has acquired Sydney Sheraton on the Park Hotel for A$406 million and formed a long-term hotel management partnership with Starwood Hotels.
Xinhua Insight: Hainan's luxury hotel boom raises overcapacity worries
10/23/2014
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10:21:56 AM
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Hainan as the south China province attempts to build itself into a global tourism destination, but industry insiders are wondering whether the market can handle the sudden growth.
Business travels in China are growing strongly, more hotels needed and coming....
09/19/2014
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8:02:57 PM
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The Middle Kingdom is also the top at hotel construction and with currently 527 construction projects China is the second largest market for hotel developments - after the USA (there are currently 621 new hotels in the pipeline).
Chinese social media underutilised by London hotels, study shows
07/07/2014
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6:21:29 PM
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A recent study by UK-based luxury retail and travel consultancy China Edge shows that Chinese social media platforms have so far been almost entirely neglected by London hoteliers.
Space voyage ticket sales take off in China
07/15/2014
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12:23:19 PM
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The costly voyage to space has drawn attention from wealthy young people, for whom tickets have been a hot item online, but the cost of the trips and the safety of participants need more supervision from authorities, one expert says.
Ritz-Carlton to Expand in China Even as Government Cuts Expenses
06/10/2014
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2:42:10 PM
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Ritz-Carlton, the hotel brand owned by Marriott International Inc. (MAR), said demand for luxury hotels in China will withstand an economic slowdown and government spending curbs.
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