Alibaba Group and Marriott International announced a comprehensive strategic deal.Read More
Hotel & Travel
Japanese clothing, grocery, and department store group Ryohin Keikaku Co. Ltd., which is the owner of Muji brand, recently published its report for the first quarter of 2018 financial year, stating that Muji's performance in…
American short-term lodging platform Airbnb recently announced that the company plans to expand its business in China and it wants to triple its employees and double its investment in this marketplace in 2017.
China's Huazhu Hotels Group Ltd recently published its unaudited financial report for the fourth quarter and the entire year of 2016.
Huazhu Hotel Group announced that they have signed an equity acquisition agreement with investors led by the Carlyle Group, aiming to acquire the entire stake in Crystal Orange Hotel Group for CNY3.65 billion.
The hotel chain brand Green Tree Inn plans to acquire a 100% stake in Da Niang Dumplings via its wholly-owned subsidiary, according to information from the official website of the Anti-Monopoly Bureau of the Ministry…
MUJI Hotel Beijing, which is managed by UDS Co., Ltd, will be officially open in Beijing in the second half of 2017, marking MUJI's entry into the country's hotel industry.
Marriott International said that its merger with Starwood Hotels & Resorts Worldwide cleared the Ministry of Commerce of China, so the companies have now consummated their hospitality marriage.
China's Btg Hotels (Group) has closed the privatization purchase deal of Home Inns, which will subsequently become a wholly-owned subsidiary of Btg Hotels.
South Korea's apparel brand Eland recently signed an agreement with China's Wanda Group to establish a tourism joint venture in South Korea.