Search results for “decline”
China’s airports jockey for position in busiest airport ranking
01/18/2016|4:26:35 PM|
The ranking of China’s busiest airports has seen major reshuffle in 2015 following fierce competition closely as regional economic growth and transformation picks up.
Homeinns returns to China stock market while Huazhu Hotels puts off privatization
12/17/2015|6:53:10 PM|
CEO David Sun said that Homeinns is returning to the Chinese stock market because Chinese investors understand the hotel group better that US investors.
China’s tour operators organize 11% more outbound trips in Q3 2015
12/29/2015|11:15:58 PM|
China has released the results of the national tour operators survey for Q3 2015 showing performance by region and industry segment.
Huazhu Hotels to acquire local budget hotel chain Hotel Home
12/25/2015|11:16:55 PM|
Huazhu Hotels has signed an acquisition agreement with budget hotel chain Hotel Home estimated to be worth around RMB80 million.
Game of hotel network expansion – who is winning?
11/12/2015|4:10:54 PM|
Major Chinese hotel chains continue to pursue their expansion plans. HUAZHU Hotels states the roadmap is charted out, featuring a pipeline of 696 hotels.
Nanshan Group acquires the Pullman Sydney Airport Hotel for AUD$84 million
12/15/2015|11:16:31 PM|
Chinese conglomerate Nanshan Group has acquired the Pullman Sydney Airport Hotel for approximately AUD$84 million.
eLong reports 94% growth in domestic hotel network in Q3 2015
11/19/2015|2:08:43 PM|
Net revenues for the third quarter increased 2% to RMB307.2 million (US$48.3 million), compared to RMB301.5 million in the third quarter of 2014.
Meituan and Dianping to seek up to US$3 billion in financing
10/20/2015|11:27:33 AM|
Group buy platform Meituan and ratings platform Dianping are seeking to raise US$2-3 billion from investors.
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