Search results for “subsidiary”
HKCTS vows to avoid horizontal competition with CITS
10/02/2016|11:15:44 AM|
CTS Group, a new company formed of the HKCTS-CITS merger, announced in a recent commitment letter that it plans to avoid horizontal competition with its fully-own subsidiary CITS.
Sino-Australia travel peak leads to more direct routes in lower-tier market
09/28/2016|9:16:29 AM|
Chinese carriers are seeking to launch more non-stop services between Australia and lower-tier Chinese cities, as demand is booming while air rights in top-tier cities are tight.
BCD Travel invests in Greater China, appoints new MD
09/27/2016|9:16:55 AM|
BCD Travel has signed an agreement to take a majority ownership in its China and Hong Kong joint venture.
BTG-Homeinns goes for franchise as combined net income drops
09/13/2016|9:19:10 PM|
BTG Hotels, the new parent company of Homeinns, reported 66.73% decline in net income for the first half of 2016.
Hainan Airlines’ subsidiary Fuzhou Airlines challenges dominance of Xiamen Airlines
03/27/2015|4:22:32 PM|
The arrival of Fuzhou Airlines is a direct challenge to Xiamen Airline’s long-standing dominance in Fuzhou.
Zowoyoo closes a new round of financing
09/06/2016|1:02:35 PM|
Travel SaaS platform Zowoyoo has closed a new round of funding, following its series A round in 2015.
Ctrip subsidiary Aiwan gets record investment from Fosun Group
03/11/2015|9:51:09 PM|
Aiwan announced it received multi-million Series A financing from Fosun Group, the largest investment ever in the fledgling theme travel market in China.
Tailored-tour startup BuGenTuan closes A round
08/22/2016|7:44:33 PM|
BuGenTuan announced that it has just received tens of millions of yuan in its series A round from undisclosed investors.
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