Search results for “Hotel”
Greek resort built by Fosun is hoped to revive tourism for the island paradise
06/07/2017|7:44:43 PM|
Fosun International is joining hands with a consortium from Abu Dhabi to invest US$7.9 billion in developing a resort on a site in a southwest suburb of Athens that measures three times the size of Monaco.
HNA slows M&A pace after US$50b buying spree in past 2 years
06/06/2017|8:49:20 PM|
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.
Luxury hotel expansion filters down to second-tier cities amid market slowdown
02/03/2015|11:36:17 AM|
Increasing globalization and economic prosperity in second-tier cities Chengdu and Wuhan has spurred demand for luxury services, especially hotels.
Atour Hotel raises US$30 million for innovative expansion
01/19/2015|9:07:54 PM|
Atour Hotel will accelerate its expansion in China and abroad as well as set up an experiential user community with the latest funding.
Investment in China’s luxury hotels set to slowdown
01/29/2015|10:41:26 AM|
China's star-rated hotels have resorted to voluntarily lowering their star ranking and selling off assets t survive.
Meituan Travel introduces group tour service
06/23/2017|11:57:26 AM|
Meituan Travel launched a domestic group tour service and will first introduce 200 tour routes this year in 50 cities that have delivered the most travel bookings on the platform.
Vanke acquires 36% of a giant tourism project in Yunnan
06/22/2017|11:01:31 AM|
Vanke, a developer known more for its ski resorts than tourism real estates, recently acquired a 36% stake in a large tourism development program in Yunnan.
TripAdvisor revenue rises 6% in Q1 2017
05/10/2017|11:29:26 PM|
User reviews and opinions grew 43% and reached 500 million at March 31, 2017. GAAP Net Income slided 55% to USD 13 million.
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