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Search results for “BTG Hotels”
China hotels to gross $796 billion in 2018 in accommodation and F&B services
04/13/2018
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5:54:46 PM
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Hotel report projects that China’s hotel industry will gross RMB 5 trillion from accommodation and F&B services in 2018. Jinjiang, BTG Homeinns and HUAZHU have been identified as the three biggest hotel groups.
Jin Jiang, BTG HomeInns and China Lodging ranked among global top 10 hotels
08/16/2017
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2:21:17 PM
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In the latest "2016 Top 325 Global Hotel Groups" ranking published by HOTELS magazine, Marriott took the top spot, and China's Jin Jiang, BTG HomeInns and China Lodging were listed among the top 10 in the world.
IT & Travel: New major topic at ITB China Conference
05/06/2019
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4:25:08 PM
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Morning sessions on May 17 will be dedicated to ITB China's new IT & Travel segment with big data and data security as focus.
Booking Holdings holds 8% and Baidu holds 19% equity of Ctrip in 2018
03/18/2019
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10:21:45 AM
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Total revenues grew from RMB7.8 billion in 2014 to RMB31.1 billion (US$4.5 billion) in 2018, representing a compound annual growth rate of 41.4%.
US travel income dropped due to stagnating arrivals, OYO sees China profitability, more
03/12/2019
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10:26:17 AM
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Spending by international visitors in the US dropped nearly 1% largely due to stagnating visitor arrivals from China; OYO China CFO said that the firm will think through profitability models in China.
Homeinns contributes 81% of BTG Hotels’ operating revenue in Q1 2017
05/02/2017
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9:32:16 AM
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BTG Hotels’ operating revenue skyrocketed 437.35% YoY in the first quarter of 2017 to RMB 1.913 billion, of which Homeinns contributed 81.02%.
BTG Hotels boosts operating revenue by 389.40% in 2016
04/11/2017
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10:27:20 AM
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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.
BTG Hotels focuses on upper midscale brands following phased consolidation
03/29/2017
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11:28:57 AM
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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.
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