Hainan To Build Tourism Investment And Financing Platforms
According to the Hainan International Tourism Island Construction and Development Plan recently approved by the National Development and Reform Commission, Hainan will set up six investment and financing platforms based on the different sources and uses of capital.
HNA Group Builds Northern Headquarters In Tianjin
It is learned that HNA's CNY3 billion group northern headquarters in Tianjin Municipality has been registered in the commerce and industry department, and will be formally set up in May 2010.
Sofitel Inks Agreement For New Hotel In Hainan
Sofitel Luxury Hotels has signed a contract with Hainan Tiantuo Investment Exploit Company and Jinyi Real Estate Development Company to manage their latest hotel property, Sofitel Haikou, which is slated to open in early 2014.
China's State Council Publishes Plans For Hainan Tourism
China's State Council has issued a plan for pushing forward the building of Hainan into an international tourism island.
HNA Signs Deal With China Mobile For Information System
Chinese travel company HNA Group has signed a strategic cooperation agreement with China Mobile Communications Corporation in Beijing for working on aviation information technology, corporate information application programs and communication outreach services.
Guangzhou's Old Five-star Hotels Spend Big Money On Renovation
In face of competition imposed by newly-opened five star hotels, time-honored five-star hotels in Guangzhou have each begun to spend large sums on transformation and renovation.
Guangdong To Receive CNY15 Billion Credit From CCB For Tourism Development
To coordinate with its national tourism plan, Guangdong Provincial Tourism Bureau has signed a strategic agreement with China Construction Bank Guangdong Branch to receive CNY15 billion in comprehensive credit for five major tourism enterprises in Guangdong province.
Hanting Hotels Receives Second Round Investment
Ji Qi, the CEO of Hanting Hotels, has told local media that Hanting has obtained its second round of financing, a total investment of USD55 million following the USD85 first round of funding raised last year.
HNA Group Invests In New Civil Airport Project In Yingkou
The HNA Group, China Minmetals Corporation, and the Yingkou government have signed a strategic cooperation frame agreement to construct a civil airport in Yingkou, Liaoning.
Shangri-La Appoints New Managing Director
Shangri-La Asia Limited has appointed Madhu Rao managing director and chief executive officer of Shangri-La International Hotel Management Limited.
Guangdong CTS Plans To Finance US$50 Million To Develop Hotel Business
Wang Jian, spokesperson of Guangdong China Travel Service Group, says that the group has launched a plan to finance US$50 million for the development of its hotel sector and the improvement of its capital structure.