Search results for “franchised hotel”
Sonesta to add more than 900 hotels with $90m RLHC buy
01/05/2021|9:42:05 AM|
The intent isn’t to migrate RLHC’s ecosystem onto Sonesta’s existing brands; they are complementary to the point where they can coexist.
Franchise hotel chain Qingzhu secures tens of millions of dollars
03/19/2020|2:28:16 PM|
The platform has over 3,000 hotels, mainly in provincial capitals, available for booking.
OYO and H Hotel vie for franchisees in China
06/19/2019|4:58:26 PM|
OYO's strategy of quickly growing its chain contrasts with H Hotel's method of carefully selecting hotels, for example, by setting certain levels of sales as a condition for consideration as franchisee.
Franchise Hotel Qingzhu secures three financing rounds in H1 2019
07/30/2019|3:04:23 PM|
Qingzhu has signed a total of 2,000 hotels and aims to have 4,000 by the end of this year.
Online travel firm Tongcheng-Elong launches OYU Hotel franchise network
07/22/2019|9:46:03 AM|
OYU hotels offer average rooms rates ranging from US$19 to $34 per night. The group aims to have a total of 2,500 hotels by the end of this year.
Huazhu Group gears up for expansion in lower-tier cities
12/09/2020|11:31:23 AM|
The Chinese multi-brand hotel group mentioned that tier-3 and below cities accounted for 50% of the total pipeline at the end of October. The plan is to establish both middle-scale and economy brands in these places.
Why develop a franchised boutique hotel?
06/03/2019|10:00:49 AM|
Lifestyle boutique and soft-branded hotels continue to exhibit strong performance, which piques the interest of brands, developers and consumers.
Wyndham's Greater China RevPAR down by 29% in Q3
10/29/2020|6:40:17 PM|
Global comparable RevPAR declined 35% year-on-year while system-wide rooms declined 2%.
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