San Diego’s Hotel del Coronado was part of Strategic purchase in which the Chinese insurer already bought 15 of 16 hotels in USD 6.5 billion deal....
DoubleDragon Properties will accelerate its hotel business expansion and double its inventory target to 2,000 rooms under Chinese brand JinJiang Inn by 2020....
China’s domestic tourism market continued to grow robustly in 2015 and inbound travel sector posted a slight increase, whereas outbound growth saw a slowdown, said CNTA....
Vacation rental platform Tujia announced on October 20 a strategic agreement to acquire the apartment and house rental operation of China’s OTAs Ctrip and Qunar....
HNA will acquire a 25% equity interest in Hilton from affiliates of Blackstone, establishing a long-term strategic investment in Hilton and Hilton’s spin-off plans....
Operating revenue rose 541.76% to RMB 2.176 billion and net income climbed 467.06% to RMB 143 million, according to the company’s third-quarter preliminary results....
Hotel data specialist Joint Wisdom and PMS provider Shiji Information will cooperate on system services such as direct connect, PMS and revenue management....
Ctrip will acquire a controlling stake in offline agency chain Traveling Bestone....
The Hyatt Place hotels and Hyatt House extended-stay brands in the US have found a way to make their latest digital marketing campaign stand out....
HolidayMe, which specialises in both dynamic packages and bundled deals, has brought in USD 7 million to boost Middle East online travel agency ambitions....