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LEISURE – China’s Hotel Appetite Grows With Starwood Sale
Bottom line: The record-breaking purchase of an Australian trophy hotel by a China buyer is part of a growing Chinese foreign real estate buying binge, which could ultimately produce a global bubble....
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FINANCE: Fosun Finds Challenger In Club Med Bid
Bottom line: Fosun should drop out of the bidding war for Club Med to avoid overpaying for the resort operator, despite big potential from a possible Asia expansion. Fosun in bidding war for Club Med...
View ArticleNews Digest: February 10, 2015
The following press releases and media reports about Chinese companies were carried on February 10. To view a full article or story, click on the link next to the headline....
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LEISURE: Anbang Closes Waldorf Buy, Heats Up Real Estate
Bottom line: Washington’s approval of the purchase of the Waldorf Astoria hotel by a Chinese insurer indicates a wave of similar real estate buying by Chinese investors will accelerate, resulting in a...
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TRAVEL: HNA Checks Into Red Lion Hotels, Buyout Coming?
Bottom line: HNA’s purchase of a stake in a small US hotel chain could presage a larger buyout bid for the company in partnership with a Chinese operator looking to expand abroad. HNA checks in to Red...
View ArticleChina News Digest: October 22-24, 2016
The following press releases and news reports about China companies were carried on October 22-24. To view a full article or story, click on the link next to the headline....
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