Search results for “Hotelbeds”
BTG Hotels boosts operating revenue by 389.40% in 2016
04/11/2017|10:27:20 AM|
BTG Hotels saw net profit in 2016 surge 110.66% YoY to RMB 210 million. Most of the company’s hotels are in the budget range, and only 9.32% hotels in upper midscale category.
Jin Jiang Hotels' net profit drops 12.4% in 2016
03/31/2017|6:45:07 PM|
Jin Jiang International Hotels Group reported sales revenue of RMB 17 billion, up by 39.5% YoY. Operating profit amounted to RMB 2.1 billion, 8.0% more than previous year.
Marriott to add 100 hotels in Asia Pacific
06/13/2017|11:28:24 AM|
Marriott International announced that the group will add more than 100 properties to its Asia Pacific portfolio that currently has 113 luxury hotels.
C2B hotel booking site WoXingWoSu closes 10 million yuan Pre-A round
04/05/2017|10:17:32 AM|
C2B hotel booking service WoXingWoSu announced that it has raised RMB 10 million in its Pre-A round following its 5 million yuan angel round earlier this year.
Jin Jiang International Hotels becomes first official hotel partner of ITB China
03/10/2017|2:29:39 PM|
ITB China will take "Connection & Integration" as the theme, usher in more than 600 exhibitors and buyers and more than 10,000 professional visitors from more than 180 countries.
Shimao Property partners with Starwood Capital to create new hotel JV in China
03/30/2017|7:25:18 PM|
Chinese developer Shimao Property and global private investment firm Starwood Capital will establish a new hotel joint venture based in China. The venture will be owned 51% by Shimao and 49% by Starwood Capital.
BTG Hotels focuses on upper midscale brands following phased consolidation
03/29/2017|11:28:57 AM|
BTG Hotels has completed first-phase consolidation of former BTG Hotels Group and Homeinns Group in nine months after their merger and will be focusing on upper midscale brands for the next few years.
Hotel conglomerate LN Holdings’ 2016 net profit drops 21.96% to 30.61 million yuan
03/23/2017|11:05:06 AM|
LN Holdings reported operating revenue of RMB 303 million in 2016, down by 0.99% YoY. Net profit dropped 21.96% to RMB 30.61 million during the time.
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