[TravelNews] Poly Real Estate plans to invest RMB 2.5 billion in Didi Date：2016-06-27 10:14:19 Click：49 Times
Poly Real Estate will purchase 1.46% shares of Didi for less than RMB 2.5 billion. This puts the ride-share giant’s worth at about USD 26 billion. However, other data indicate that Didi may be worth at least USD 27.6 billion....
[TravelNews] US and China drive global hotel development Date：2016-06-27 10:14:19 Click：29 Times
The US and China are driving the expansion of global hotel supply, a new report has revealed....
[TravelNews] NH Hotels ousts board members appointed by stakeholder HNA Date：2016-06-27 10:14:19 Click：41 Times
Shareholders in Spain-based NH Hotels voted to oust four board members appointed by the companys largest stakeholder HNA Group over a potential conflict of interest....
[TravelNews] Booking.com forges ahead with laser-sharp focus in China Date：2016-06-27 10:14:19 Click：32 Times
China continues to witness lot of action in the distribution space, but Booking.com intends to chart its course for organic growth in an assiduous manner....
[TravelNews] Virgin Australia to be 33% Chinese owned Date：2016-06-27 10:14:19 Click：28 Times
Chinese companies Nanshan Group and HNA Group will hold 33% of Virgin Australia when the deals settle....
[TravelNews] A drastic dearth of mainland Chinese visitors hurts Hong Kong’s retail businesses Date：2016-06-27 10:14:19 Click：33 Times
Hong Kong’s sharp drop in visitor arrivals from mainland China has hurt retailers’ sales from luxury watches and gems, to anti-wrinkle cream and pastries as the slowdown deepens in the world’s second-biggest economy....
[TravelNews] Qunar could follow eLong’s lead and go private Date：2016-06-27 10:14:19 Click：88 Times
Chinese OTA Qunar has received a “going private” offer from a unit of Chinese travel investment specialists Ocean Imagination....
[TravelNews] eLong wins hotel booking portal of WeChat Wallet Date：2016-06-27 10:14:19 Click：81 Times
In the midst of its privatization for a domestic listing, eLong recently got its hotel reservation service listed on WeChat Wallet....
[TravelNews] Ctrip estimates Shanghai Disney will generate RMB 33 billion annual revenue Date：2016-06-27 10:14:19 Click：91 Times
A Ctrip report shows that Chinese visitors spent an average of RMB 2,219 at Shanghai Disney Resort, and the Resort would generate RMB 33 billion annual revenue at this rate, if annual admission reaches 15 million....
[TravelNews] Sabre CEO Tom Klein to step down Date：2016-06-23 02:04:53 Click：23 Times
Tom Klein will step down by year end from his role as CEO and president of Sabre as well as leave its board....