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Search results for “spin-off”
Tongcheng Tourism plans demerger and separate IPOs
06/20/2016
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10:20:43 AM
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Tongcheng plans to split its business into two separate entities: a travel agency selling leisure tours and attractions and a network grouping the company’s profitable standardized products in air, accommodation and railway.
Airbnb and other unicorns suffer by staying private, tech investor argues
11/16/2018
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6:02:44 PM
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Would Airbnb and Uber, for example, be truly better off as public companies? It’s unclear because they both have access to tons of money already. But they would both certainly be better equipped to spin their own narratives.
Hotel industry to see more consolidation
06/07/2016
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2:44:57 PM
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Blackstone Group's senior executive Jon Gray expects sale of Strategic Hotels to Anbang to go through.
Fosun to tap China’s travel market by strategic projects
04/27/2016
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7:53:53 AM
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Fosun launched a brand-new Club Med resort in Sanya as it sets sight also on the billion-yuan Atlantis Project; the privately-held company is considering spinning off its travel business for an independent listing
Marriott and Starwood sign amended merger agreement valued at $13.6 billion
03/22/2016
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11:09:50 AM
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Starwood decided that improved offer at $13.6 billion from Marriott is superior compared to previous proposal led by Anbang consortium at $13.2 billion.
Expedia CEO: Marriott and Hilton’s Direct Booking Moves Will Hurt Them
03/17/2016
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6:02:36 PM
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At an investor day in New York City March 16, Khosrowshahi said Marriott and Hilton have a choice to make and they will likely lose share in the Expedia marketplace if they don’t provide their best prices and availability.
Yelp’s Struggles and the Evolution of Online User Reviews
12/28/2015
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9:14:30 AM
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Yelp has received contraversy since it could not provide useful information and due to unclear standards and processes, it changes, deletes and even hides bad reviews, making fool of customers. Meanwhile, MunchAdo and IBM see opportunity to improve customer and business experience.
Marriott beats multiple suitors to get Starwood in for $12.2 Billion
11/17/2015
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10:03:21 AM
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At least three Chinese companies were pursuing bids for Starwood, a person with knowledge of the matter said in October.
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