HNA Group
China May Legalize Gambling on Hainan Island: Bloomberg
The move would pose a huge challenge to luxury properties and brands in Macau, while presenting a new opportunity that may prove even bigger. Read More
What’s Behind HNA Group’s Stake Increase in This Duty Free Retailer?
HNA group increased its stake in Dufry to 20.92 percent, revealing its aim to become the largest individual shareholder of the Swiss duty-free retailer. Read More
Sharp Rise in Macau VIP Gambling Revenue Signals New Beijing Crackdown
Macau's VIP baccarat rooms have experienced a sharp rise in revenue, but this may convince Beijing another major crackdown is needed. Read More
Movers and Shakers: Chinese Fugitive Buys Luxury NY Penthouse
This week's highlights in movements in the luxury industry in China include JD founder Liu Qiangdong's beef with Alibaba and a fugitive billionaire's lux New York pad. Read More
Chinese Investment Group to Buy French Crystal Maker Baccarat for $184 Million
The Beijing-based investment group promises to preserve the 250-year-old glassmaker's "Made in France" identity while expanding into new markets. Read More
Norwegian Cruise Line Partners with Alibaba to Enter Chinese Market
Norwegian Cruise Line hopes to leverage Alibaba's consumer insights, data, and marketing tools for the launch of its Chinese cruise operations. Read More
HNA Group Reported to Continue Buying Spree with Acquisition of ‘Major’ Cruise Line
HNA Group is eyeing the acquisition of a major cruise line in an attempt to secure a stake in China's rapidly growing cruise market. Read More
Hainan Airlines Bullish on International Travel from China’s Lower-Tier Cities
Hainan Airlines is betting on travel from China's lower-tier cities by establishing numerous new flights to international destinations. Read More
After Conquering China, Ctrip Expands Internationally with Skyscanner Acquisition
With its acquisition of Skyscanner, Ctrip strengthens its lead in Asia and goes head-to-head with Expedia and Priceline in other key travel markets. Read More
Jin Jiang International Wants to Expand Its European Luxury Hotel Portfolio
After acquiring France's Groupe Du Louvre, Jin Jiang International is now looking at European luxury hotels to strengthen its portfolio. Read More
