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Mid-range hotels vital to Starwood’s China expansion

Starwood Hotels & Resorts plans to introduce all of its nine brands in China in 2015 with a special focus on the mid-range hotel segment.

01/13/2015|3:59:21 PM|ChinaTravelNews

PMS vendor BeyondHost raises US$10 million

Shanghai based PMS BeyondHost raised US$10 million in its Series A financing.

01/07/2015|6:32:24 PM|ChinaTravelNews

Rosedale Hotels makes roundabout acquisition of Lizhou Hotel

Rosedale Hotels is negotiating a 51% acquisition of Jinfa Holdings with a HK$75 million loan to its owners to develop Zhuhai Lizhou Resort Hotel.

01/07/2015|11:21:20 AM|ChinaTravelNews

Club Med plans seven new Chinese resorts after Fosun’s acquisition

Club Med plans to add seven resorts in China by 2020 following its sale to Fosun at EUR24.6 per share.

01/06/2015|2:55:17 PM|ChinaTravelNews

Huatian Hotels gets cash windfall from private investors

Huatian Hotels intended to issue only 150 million shares to raise RMB600 million, but Huaxin Turbine offered RMB1.653 billion in cash for 29.44% equity.

01/05/2015|6:30:45 PM|ChinaTravelNews

ChinaTravelNews 2014-2015 review and highlights

ChinaTravelNews recaps highlights of China's travel industry for 2014 and looks ahead to the industry's future for 2015.

01/04/2015|3:19:18 PM|ChinaTravelNews

China Lodging Group sharpens portfolio strategy, targets network expansion

ChinaTravelNews assesses how China Lodging Group is planning to strengthen its network as well as direct sales capability, which currently accounts for 90% of its bookings.

01/04/2015|2:56:49 PM|ChinaTravelNews

China’s hotels register 58.31% AOR in Q3

China’s star-rated hotels had total revenues of RMB54.816 billion at average occupancy rate (AOR) of 58.31% in Q3 of 2014.

12/30/2014|5:24:39 PM|ChinaTravelNews
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