Shanghai Daily: Business - shanghaidaily.com
THE US hotel chain Days Inn is expected to become the first international hotel brand to debut in the Changbai Mountains in northeast China's Jilin Province early next year, the administration committee of the mountain resort has said. By renovating a hotel in Chixi District of the nature reserve for 120 million yuan (US$16 million), the Days Inn hotel will offer 122 European-style rooms. It plans to be operational on January 18.22.
NYT > DealBook
Maxjet Airways said on Monday that it had filed for bankruptcy protection, taking what the all-business class airline called a “drastic measure” because of soaring fuel prices and the deteriorating credit market. The bankruptcy forced Maxjet to reserve hotel rooms for stranded holiday passengers who had booked return flights between New York and London. The carrier, [...]