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Search results for “tourism real estates”
CITS nets 20% more profit in 2016
05/05/2017
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1:51:32 PM
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CITS Group posted operating revenue of RMB 22.39 billion in 2016, up by 5.16%. Net profit last year climbed 20.07%. Operating revenue grew 10.54% in the first quarter of 2017 while net profit for the period rose 5.83%.
HNA slows M&A pace after US$50b buying spree in past 2 years
06/06/2017
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8:49:20 PM
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As the global market is increasingly complicated, the HNA Group will slow down in making acquisitions, having amassed overseas assets to make up 30% of its portfolio that contribute to half of the group’s revenue.
Chinese real estate firm acquires 90.5% stake in luxury travel firm A&K
05/09/2017
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10:47:03 AM
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Chinese real estate and investment company Zhonghong Group announced on May 8 that it plans to acquire a 90.5% stake in luxury travel company Abercrombie & Kent (A&K) for USD 412.49 million.
HNA snaps up 16.79% of travel retailer giant Dufry
04/27/2017
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11:14:38 AM
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HNA Group has acquired 16.79% of Dufry Group, the world’s largest travel retailer.
Theme park and travel group OCT posts 35.48 billion yuan revenue in 2016
04/12/2017
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2:58:38 PM
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Theme park and tourism group OCT reported annual operating revenue of RMB 35.48 billion in 2016, 10.07% more than previous year. Net income attributable to shareholders rose 48.44% YoY to RMB 6.89 billion.
China makes largest $9.8 billion outbound hotel investment in 2016
02/21/2017
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3:13:37 PM
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China overtook Middle East as the largest outbound hotel investor in 2016, with investment levels reaching a new high at USD 9.8 billion, a 75% uplift from 2015.
HKCTS shifts focus to combining tourism with real estate
12/29/2014
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9:52:25 AM
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HKCTS is focusing on developing tourism lifestyle products and redefining its destinations.
Wanda tourism income rises 37.1% to RMB 17.43 billion in 2016
01/16/2017
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6:45:04 PM
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Wanda's real estate revenues fell 25% in 2016 while tourism income was up 37.1% to RMB 17.43 billion during the time.
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