Search results for “mid-range”
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.
Four major groups form “China Hotels of the Future” hotel alliance
11/19/2015|10:10:51 AM|
The “China Hotels of the Future Alliance” has been jointly formed by Greenland Group, Hainan Airlines，ZTE Corp and Taihe-Atour Hotels.
Challenges ahead as CITS and HKCTS set to merge
11/09/2015|5:53:43 PM|
The merger of two leading Chinese tour operators, CITS and HKCTS, is greeted with cautious optimism by industry observers..
CYTS Shanshui Hotel heads for New Third Board listing
09/23/2015|9:53:29 PM|
CYTS Shanshui Hotel Investment & Management Company is speeding up preparations for a listing on the New Third Board.
China’s outbound tourism market grows 30% y-o-y during Golden Week
10/08/2015|10:29:46 PM|
China’s outbound travel market grew 36.6% y-o-y during the four-day National Day Holiday. Japan, Korea and Thailand the top three outbound destinations.
Jin Jiang Hotels acquires 81% stake in Plateno Group
09/21/2015|8:55:46 AM|
Jin Jiang Hotels Group and Plateno Group officially sealed the strategic partnership deal in which Jin Jiang takes 81% stake in Plateno Group.
Breaking News: Jin Jiang to acquire 80% of Vienna Hotels for US$289 million
08/07/2015|4:28:47 PM|
Chinese hotel group Jin Jiang Hotels Group has invested RMB1.8 billion on August 6 for an 80% stake in the mid-range the Vienna Hotel Group and its restaurants.
Tuniu strengthens its trump card, unfazed by current levels of gross margin
08/25/2015|8:43:24 AM|
Tuniu has been investing aggressively post its IPO last year. One area that has stood out is the blend of sturdy product procurement and regional expansion
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