Search results for “strategic investment”
Chinese buyers spend USD 2.6 billion on US hotel property acquisitions in 2015
04/12/2016|8:13:56 AM|
Chinese companies splashed out USD 2.6 billion on buying US hotel properties in 2015 and the buying spree is expected to keep on
Spring Airlines plans second hotel in Japan
03/31/2016|2:00:54 PM|
Spring Airlines will leverage its Japan flights to feed customers to the impending hotel in Osaka and provide a guaranteed level of business for the hotel, instead of injecting capital into this joint project with XYMAX Group.
HNA forms ecological technology group as sixth pillar
03/31/2016|2:15:04 PM|
HNA Ecological Technology Group has been officially set up in Haikou and becomes the 6th pillar of HNA Group after the conglomerate’s established presence in aviation, investment, tourism, finance and logistics. The eco-tech group has started “searching for acquisition targets around the globe”.
China gears up for a strong impression on Indian e-commerce footprint
01/09/2016|4:28:02 PM|
Ctrip’s decision to invest in MakeMyTrip is just one example of how Chinese companies, led by Alibaba, are pursuing ways to be a part of growth story in India.
Local travel service Yikuaiqu prepares New Third Board listing
04/06/2016|11:23:53 AM|
Chinese local travel platform Yikuaiqu.com may become the first of its kind to get listed on the New Third Board. The company expects to be profitable within three years despite fierce competition in the segment
Alibaba’s rumored partnership with UCAR may intensify car-hailing competition
03/28/2016|2:09:29 PM|
While the report of Alibaba taking a stake in UCAR is still not officially confirmed by either party, the companies have been collaborating closely and quietly.
China Eastern GM suggests lowering state shareholding to 40%
03/15/2016|10:11:34 PM|
China’s major carriers used to have no less than 50% of equity held by the State. China Eastern general manager envisages lowering the state ownership to 40% to make room for more investors.
Dealing with OTAs isn’t only about incremental revenues
03/28/2016|10:15:06 PM|
Foreign hotels are looking into issues related to pricing, brand integrity and distribution infrastructure when it comes to dealing with OTAs in China.
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