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113. SITA Acquires Mexia Interactive
SITA has acquired Mexia Interactive, a leading global provider of curb-to-gate passenger analytics for the air transport industry. The private company, founded in 2011, is based in Winnipeg, Canada.
114. China to Need Over 7,400 New Aircraft from 2018 to 2037
According to Airbus’ latest China Market Forecast, China will need over 7,400 new passenger aircraft and freighters from 2018 to 2037, with a total market value of US $1,060 billion. That represents more than 19% of the world total demand for over 37,400 new aircraft in the next 20 years.
115. Hotel Conversions Pick Up Pace as Investors Tap into Rental Demand
According to a new report from JLL, investors are acquiring hotels for conversion into apartments to meet a growing demand for residential rental properties in China’s tier 1 cities. In August 2018, China's home prices accelerated at their fastest pace in nearly two years, according to China’s National Bureau of Statistics, and many young professionals are choosing to rent rather t
116. The Excelsior Hong Kong to Close on 31 March 2019
Mandarin Oriental has confirmed that The Excelsior, Hong Kong will close on 31 March 2019 so that the site can be redeveloped. The hotel is situated on a prime commercial waterfront site in the Causeway Bay district of Hong Kong where the group has approval for the development of a mixed-use commercial building with a Gross Floor Area of some 63,500 sqm.
117. AccorHotels and Eurostar Partner Loyalty Programmes
AccorHotels and Eurostar have partnered their loyalty programmes. The deal means that Club Eurostar members can now convert their points into Le Club AccorHotels rewards points, while Le Club AccorHotels members can now access Eurostar’s loyalty programme.
118. Hyatt to Acquire Two Roads Hospitality; Will Establish New Lifestyle Division
Hyatt has signed an agreement to acquire Two Roads Hospitality, a hotel management company that comprises Joie de Vivre Hotels, Thompson Hotels, Destination Hotels, tommie and Alila Hotels & Resorts brands. Through the addition of Two Roads, its established lifestyle brands and management agreements for the majority of its 85 properties in eight countries, Hyatt will expand its pre
119. Hainan Airlines to Launch Chongqing-Paris and Shenzhen-Paris Flights in December
Hainan Airlines will launch direct flights between Chongqing-Paris and Shenzhen-Paris on 19 and 21 December 2018, respectively. The airline already operates direct flights between Xi'an and Paris, France.
120. American Airlines Orders 15 Embraer E175 Jets
American Airlines has signed a firm order with Embraer for 15 E175 jets in a 76-seat configuration. The contract has a value of US$ 705 million based on current list prices. Deliveries are scheduled to take place in 2020.

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