[TravelNews] Blackstone ends landmark hotel sale to Anbang Date:2016-10-26 00:42:36 Click:40 Times
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....
[TravelNews] DoubleDragon doubles its Jinjiang Inn expansion plan Date:2016-10-26 00:42:36 Click:29 Times
DoubleDragon Properties will accelerate its hotel business expansion and double its inventory target to 2,000 rooms under Chinese brand JinJiang Inn by 2020....
[TravelNews] Official data show slower growth in China’s outbound travel Date:2016-10-26 00:42:36 Click:25 Times
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....
[TravelNews] Tujia to acquire homestay business of Ctrip and Qunar Date:2016-10-26 00:42:36 Click:30 Times
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....
[TravelNews] HNA buys 25% Hilton stake for USD 6.5 billion Date:2016-10-26 00:42:36 Click:32 Times
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....
[TravelNews] BTG Hotels net income surges 467.06% in Q3 2016 Date:2016-10-18 14:57:35 Click:204 Times
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....
[TravelNews] Joint Wisdom announces strategic deal with Shiji Information Date:2016-10-18 14:57:34 Click:18 Times
Hotel data specialist Joint Wisdom and PMS provider Shiji Information will cooperate on system services such as direct connect, PMS and revenue management....
[TravelNews] Ctrip to acquire controlling stake in Traveling Bestone Date:2016-10-18 14:57:34 Click:15 Times
Ctrip will acquire a controlling stake in offline agency chain Traveling Bestone....
[TravelNews] Hyatt adds 3D printing to travel’s digital marketing toolkit Date:2016-10-18 14:57:34 Click:40 Times
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....
[TravelNews] HolidayMe brings in USD 7 million to boost Middle East market Date:2016-10-18 14:57:34 Click:14 Times
HolidayMe, which specialises in both dynamic packages and bundled deals, has brought in USD 7 million to boost Middle East online travel agency ambitions....