Combining the activities of Lagardère Travel Retail and HBF would create a USD 1.1 billion player, the third largest player in the North American Travel Retail and Foodservice industry.
Upon completion of the Acquisition, Huazhu will own an aggregate of 82.5% of the shares of Blossom Hill, and Blossom Hill Hotels & Resorts will become part of Huazhu's hotel network.
AirAsia will focus more on the layout of the airline e-commerce, while Expedia will further deepen the Asian tourism market after the transaction.
Mr. Haijun Hang, founder and CEO of Roto Travel, believes that the overseas photography market will grow to be worth more than ten billion yuan.
Booking Holdings bought three metasearch outfits, namely Kayak, Momondo Group and HotelsCombined since 2013.
Mehood expects to add 300 hotels to its inventory and launch 150 hotels by the end of this year, and increase the number of its hotels to 1,500 and open 1,000 hotels by 2022.
This acquisition enables Dnata to enter German travel market, and extends its global network of travel businesses in Europe, the Middle East, Asia and Australasia.
Bus365 can better reach the 500 million users of Alibaba’s C2C branch Taobao with its offline outlets, and connect with the air and train tickets, hotels and vacation packages on Fliggy.
ChinaTravelNews is a wholly owned subsidiary of
©2017 TravelDaily Inc.