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Tongcheng Travel to acquire Wanda Hotel Management for $342m

by Robert Van Pash (Editor)
April 22, 2025
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The agreement will enhance Tongcheng Travel’s capabilities in the hotel sector. Credit: earthphotostock / Shutterstock.

Wanda Hotel Development has agreed to divest its hotel management unit to Tongcheng Travel for 2.5bn yuan ($342m).

Wanda…

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