Tourism

Chinese luxury hotels suffer under austerity measures

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Luxury hotel sector loses 2.1 billion yuan since the start of Beijing’s anti-corruption campaign.

China business news digest

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State media say 2015 will be a crucial year for pushing ahead with reforms. Are major changes to SOEs on their way?

Off-market hotel deals tipped to turn over at least $1.5bn

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Wealthy Malaysian family looking to buy $250m worth of Australian investment hotels by end of year.

French regulators approve Club Med sale

by AFP
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French regulators clear the way for Fosun to buy the holiday resorts group Club Med.

Govt seals airline deal with China

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Intake of Chinese tourists to almost triple over the next two years.

Alceon plans $300m parks IPO

Alceon hires Macquarie, UBS for IPO of its manufactured housing parks business.

Government relaxes Chinese visa rules

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Online visa application trial to make travel to Australia simpler for Chinese tourists, business people.

Kohler Uncovers: Ardent Leisure

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Alan Kohler talks to Ardent Leisure's Greg Shaw about the leisure and entertainment company and why he's encouraged by the falling dollar.

Crown plans new luxury hotel

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Initial investment of $50 million agreed for joint venture project in Melbourne's Southbank.

Tourism Australia's plan to whet China's appetite

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Tourism Australia is betting on China’s enduring love affair with food and wine as a way to entice more Chinese tourists to travel down under.

Chinese bid goes higher for Club Med

by AFP
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Fosun reportedly outbids rival Italian businessman for ownership of French holiday group.

Thomas Cook plummets as CEO quits

by AFP
Thomas Cook shares dive in London trade after CEO quits.

Flat travel market to persist: Webjet

Online booking group sees muted market continuing despite record total transaction value YTD.

Village eyes theme parks growth

by AAP
Village Roadshow points to theme parks division as key growth engine in years ahead.

Qld can be an important Indian partner: Modhi

by AAP
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Modhi says India interested in resources, agribusiness, technology, tourism sectors.

Italian trumps Chinese bid for Club Med

by AFP
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Italian businessman Andrea Bonomi offering 23 euros a share, valuing the company at 874 million euros ($A1.19 billion).

Inghams abandon modular housing park IPO

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The Ingham family has shelved plans for the float of its modular housing park company after failing to win enough support from investors.

Echo to press on with expansion

Echo set to push ahead with growth plans despite signs of Chinese tourism slowdown.

US date kept but we’re on a tourism break with China

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Govt will not hold an Australia Week in China promotion next year, leaving it until the following year.

Smooth sailing for a true family partnership

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From coffee to island resorts, there’s a lot more to the Oatley family business story than just Rosemount Wines.

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