Search results for “Hotel Groups”
TravelDaily China hosts ITB Asia session
10/26/2016|9:45:46 AM|
On invitation by ITB Asia, TravelDaily China hosted a session at the B2B travel trade show for Asia on China’s outbound tourism and digital marketing on October 19.
Game of hotel network expansion – who is winning?
11/12/2015|4:10:54 PM|
Major Chinese hotel chains continue to pursue their expansion plans. HUAZHU Hotels states the roadmap is charted out, featuring a pipeline of 696 hotels.
China Car Experts raises RMB 2.15 billion in A+ and B rounds
12/28/2016|11:49:56 AM|
State-owned car rental company China Car Experts raised RMB 2.15 billion in its series A+ and B rounds. The company received RMB 800 million in its A round in October 2015.
Joyu Group applies for a New Third Board delisting
01/05/2017|10:15:41 AM|
Lvmama parent company Joyu Group announced on January 3 that it has applied to be delisted from the New Third Board after one year of listing.
Jin Jiang forms WeHotel network, speculated to break OTA stranglehold
12/08/2016|11:52:56 AM|
State-owned Jin Jiang plans to build WeHotel loyalty to tap the vast collective customer bases of all subsidiary brands including Jin Jiang, Louvre Hotels, Plateno and Vienna Hotels.
Huazhu Hotels's gets a hand in in Homeinns with 5% acquisition for US$68 million
11/13/2015|10:45:19 AM|
Huazhu Hotels acquired a 5% stake in Homeinns for RMB435 million to inflate Homeinns's share price and thus push up the price of its proposed privatization.
Podinn Hotel gets New Third Board listing
10/19/2016|5:16:15 PM|
Budget hotel operator Podinn Hotel was listed on New Third Board on October 17. It registered RMB 1.98 million net loss in 2015 and RMB 12.18 million net income in 2014.
Jin Jiang, Homeinns upgrade budget hotels to mid-range
10/18/2016|1:18:28 PM|
Hotel companies Homeinns and Jin Jiang remodeled some of their existing economy hotels to midscale hotels to overcome problems in finding properties and increase RevPAR.
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