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Search results for “spin-off”
TUI further expands partnerships in China
06/26/2018
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2:35:47 PM
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TUI Group is expanding its cooperation with Hangzhou, Beijing and Sanya.
Wyndham is buying La Quinta for $1.95 billion in cash
01/19/2018
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2:32:33 PM
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This certainly won’t be the first or last acquisition we can expect to see in the hospitality industry.
Wyndham nears deal to sell European vacation rentals business to Platinum
02/09/2018
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2:48:03 PM
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The move is meant to allow the separate units to better focus on their specific segments of the lodging sector to generate growth through acquisitions and other strategies.
Fosun to list tourism business in $500 million-plus IPO
12/08/2017
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3:31:29 PM
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Chinese conglomerate Fosun International is in talks with investment banks to list its tourism business to raise at least $500 million, according to people familiar with the situation.
Fosun enters into formal deal with Shanghai Yuyuan Tourist Mart
11/22/2017
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10:13:51 AM
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A delay of two projects on the mainland has prompted Fosun to sign a formal agreement to inject a suite of real estate companies into Yuyuan in an all-scrip deal worth ¥24.16 billion ($3.52 billion).
Payment service providers help unlock Asian hoteliers growth potential
11/27/2017
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1:53:43 PM
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The eCommerce growth in APAC is keeping every industry that relies on digital interactions on its toes, with online transactions expected to double from $862 billion in 2016 to $1.4 trillion by 2021.
TUI’s Blockchain initiative blips IBM’s radar
08/25/2017
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3:27:30 PM
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TUI's CEO says that Blockchain enables TUI to shift its owned hotel inventory between different points of sale according to the demand it is seeing, and within five years savings of €100 million a year are managable.
HNA Holding cuts loss by 89.8% amid buying spree
04/26/2017
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10:05:37 AM
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HNA Holding reduced annual loss by 89.8% last year while actively exploring overseas investment opportunities.
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