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In this handout image provided by Sydney Tower Eye, the skyline and harbour of Sydney is seen from a viewing platform at the Sydney Tower Eye, on December 16, 2011 in Sydney, Australia.

Chinese Investors to Buy Sydney's 333 Kent Street for A$88.88M

Sep 28, 2016 07:00 AM EDT

Chinese firm Bridge Capital and Australian iProsperity Group made a historic offer to buy the 333 Kent Street office tower in Sydney's Central Business District for A$88,888,888.88.

Marriott Acquires Starwood Hotels For $12.2 Billion

China Seeks 60-Day Review Extension for Marriott-Starwood Deal

Charissa Echavez |

Aug 10, 2016 11:28 AM EDT

China has extended its time frame for reviewing Marriott International Inc.'s proposed $14.6 billion purchase of Starwood Hotels & Resorts Worldwide Inc. by up to 60 days, the companies revealed on Monday.

Hotels Tighten Security After Jordan Suicide Bombings

Hyatt Hotel Opens in Xi'an, China

Charissa Echavez |

Jul 31, 2016 01:35 PM EDT

Hyatt Regency Brand continues to expand in China with the opening of its new hotel in Xi'an, the capital of Shaanxi province in northwest China.

New York's Landmark Waldorf Astoria Hotel To Be Converted To Condos

Oversupply of Hotel Rooms Forces Owners to Cut Down Rates: Report

Charissa Echavez |

Jul 27, 2016 08:55 AM EDT

Chinese hotel owners are being forced to cut down room prices, as a glut of hotel rooms are left unoccupied because of overexpansion, according to Fitch Ratings, an international credit rating agency.

Airbnb is a platform for private homeowners to rent out an extra bedroom, or let someone use their apartment while they were away.

Airbnb to Close Down Illegal Rentals from San Francisco Listings

Ellie Froilan |

Apr 03, 2016 12:08 AM EDT

Airbnb has been in the move to crack down on San Francisco hosts who violate the city’s law on short-term rentals, complying with the city’s housing laws.

Marriott Inc. less likely to outbid China's Anbang for Starwood Hotels

Marriott Hotel Less Likely to Outbid Anbang - Analysts

Charissa Echavez |

Mar 21, 2016 08:20 AM EDT

Hotelier Marriott International Inc, may have to raise its bid for Starwood Hotels & Resorts Worldwide Inc. as it is less likely to outbid Chinese insurer Anbang, experts said.

Chinese owner of New York's Waldorf Astoria agreed to purchase US' Strategic Hotels & Resort Inc.

China's Anbang Insurance to Acquire Blackstone's Strategic Hotels & Resorts Inc. for $6.5 Billion

Charissa Echavez |

Mar 14, 2016 09:45 AM EDT

China's Anbang Insurance Group has proposed a deal to acquire Strategic Hotels & Resorts Inc. for $6.5 billion - just three months after the private firm Blackstone Group LP bought the luxury hotels for $4 billion.

Five Chinese Tourists Reprimanded for 'Uncivilized Behaviour'

Charissa Echavez |

Dec 21, 2015 12:52 PM EST

Five Chinese tourists have been named and shamed for their misconduct. The country is now looking into the possibility of levelling them with a possible flying ban.

Chinese shoppers stand with shopping bags on a sidewalk along Fifth Avenue in New York City.

New Study Says US Hospitality Industry Needs To Understand Middle Class Chinese Tourists

dweisman |

Sep 24, 2014 05:59 PM EDT

A new tourism management study scheduled for publication next year found multinational hotel chains wanting to attract Chinese tourists to U.S. properties needed to rethink branding strategies.