Search results for “stake”
Global tourism to take a $80B hit, cruises shun Asia to avoid virus | Daily Brief
02/15/2020|12:54:05 AM|
The coronavirus impact may last until the second quarter of 2021, industries are feeling the pinch beyond China, with the full impact remains to be seen.
JejuAir buys into Eaststar, Yanolja acquires DailyHotel - pivotal moments as WiT Seoul returns
01/20/2020|12:03:39 PM|
South Korea’s travel market enters 2020 with a sense of anticipation as well as trepidation as to what the first year of the new decade will bring the industry.
Travel supplier Tempus Global to buy 60% stake in Chocolate Happy Land for $26 million
10/12/2018|12:57:39 PM|
The two companies will cooperate on an equity basis, as Tempus controls substantial traffic flow and Chocolate Happy Land excels at running theme parks.
Trip.com-backed homestay operator Sweetome gains investment from Airbnb
12/04/2019|6:40:05 PM|
Sweetome’s stakeholders now include Trip.com Group, Airbnb, 58.com Inc and Expedia.
Annual wrap-up: 12 major travel news events in 2019
12/26/2019|4:42:58 PM|
Buoyed by technological innovations and transformation in consumer demands, the travel sector has soared despite turbulence in the year.
Sino-US travel hit by trade war, Tencent to buy $400m stake in Meituan IPO, and more
09/03/2018|10:51:01 AM|
Chinese tourists to Russia increased by 150% in January-July 2018. Weekly travel bookings from China to the US dropped by 8.4%. Meituan is to go public in Hong Kong on Sept. 20, and Tencent plans to buy $400 million worth of shares in the IPO.
Booking.com chairwoman on China market, brand synergy and new growth engines
12/09/2019|8:10:43 AM|
Early entry was but the first step of Booking.com’s game plan on building its presence in China, and partnering with major local players is deemed essential.
Expedia on China strategies, Asia competition: Global strength vs local challenges
11/18/2019|10:44:11 PM|
The strategic shake-up of OTA giants will further intensify competition in the evolving market landscape.
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