Asia Pacific real estate investment news and information
Chinese online travel giant Ctrip is subscribing for $32 million worth of shares in one of mainland China’s largest private hotel groups, Zhejiang New Century Hotel Management, ahead of the company’s upcoming Hong Kong IPO.
Ctrip, together with New York-listed… Read More>>
Shanghai-based hotel operator the Jin Jiang Group is said to have joined the bidding for B&B Hotels, making it the second mainland Chinese firm to pursue the French econo-chic hospitality brand.
The Carlyle Group, which currently owns 80 percent of… Read More>>
Chinese budget hotel operator Green Tree Inns is said to be pursuing a bid of as much as €1 billion ($1.07 billion) for an 80 percent stake in a French hotel brand currently held by US private equity giant Carlyle… Read More>>
