Search results for “budget hotel”
Huatian Hotel’s revenue plunges 39.51% y-o-y in Q1 2015
04/29/2015|9:32:24 AM|
Huatian Hotel Group recorded RMB263 million operational revenue and RMB48.7938 million net profit, down 39.51% and 28.03% y-o-y respectively.
Home Inns to focus on mid-range brand and business travel platform
04/09/2015|9:25:09 AM|
Home Inns will expand its Homeinn Plus hotels by 80 to 100 properties this year, as well as launch its Qiake-in guest platform.
A lighter and richer HKCTS eager to list hotel spinoff
03/27/2015|7:23:15 AM|
HKCTS president Muhan Xu said it is once again mulling the listing of a hotel spinoff to leverage its hotel asset value.
Vienna Hotels plans to fund massive expansion with US$48 million capital
03/24/2015|9:38:07 AM|
After two successful financing rounds, mid-range Vienna Hotels Group is raising a third capital injection of RMB300 million.
Five-star hotels no longer sanctioned to host state conferences
03/24/2015|9:38:25 AM|
Five-star hotels and other luxury facilities have been excluded in Beijing’s sanctioned government procurement list of 318 conference venues in the city.
Vienna Hotels invites Series C financing to pave way for IPO
02/26/2015|3:37:15 PM|
Vienna Hotel wants a Series C financing round this year to raise at least RMB1 billion and pave the way for an IPO in 2017.
China Lodging's H World to have 800 hotels this year
03/12/2015|2:07:32 PM|
China Lodging Group has already signed 311 hotels to the affiliated platform, with 262 hotels operational online, covering 108 cities.
Tailored travel in vogue for Chinese visitors to US
03/18/2015|11:37:03 AM|
Growing visitor numbers will put pressure on services and US providers with the most resources will be in a position to win the Chinese tourism market.
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