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Search results for “mid-ranged market”
CYTS Shanshui Hotel cleared for New Third Board listing
01/19/2016
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7:01:26 PM
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Shenzhen CYTS Shanshui Hotel has received approval to list on the New Third Board. Its Parent company CYTS will invest RMB51 million for a 51% stake.
China’s cruise capacity to grow 80% in 2016
12/22/2015
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9:57:11 PM
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Ctrip projects that the capacity of China’s cruise ports will grow more than 80% next year in its “2016 China Cruise Industry Trend Forecast” report.
Homeinns returns to China stock market while Huazhu Hotels puts off privatization
12/17/2015
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6:53:10 PM
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CEO David Sun said that Homeinns is returning to the Chinese stock market because Chinese investors understand the hotel group better that US investors.
Game of hotel network expansion – who is winning?
11/12/2015
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4:10:54 PM
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Major Chinese hotel chains continue to pursue their expansion plans. HUAZHU Hotels states the roadmap is charted out, featuring a pipeline of 696 hotels.
RevPAR in China’s hotel industry grows only 1.4% in first eight months of 2015
10/20/2015
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5:25:06 PM
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The Chinese hotel market in major cities began to make a recovery in 2014 after a cooldown in demand in 2013 and this recovers has spread to most cities in 2015.
Four major groups form “China Hotels of the Future” hotel alliance
11/19/2015
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10:10:51 AM
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The “China Hotels of the Future Alliance” has been jointly formed by Greenland Group, Hainan Airlines,ZTE Corp and Taihe-Atour Hotels.
Homeinns Hotel Group reports 2,787 hotels in operation in Q3 2015
11/10/2015
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10:29:15 AM
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Homeinns operated 2,787 hotels across 346 cities in China, with a net addition of 37 hotels during the third quarter of 2015 as of September 30, 2015.
Challenges ahead as CITS and HKCTS set to merge
11/09/2015
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5:53:43 PM
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The merger of two leading Chinese tour operators, CITS and HKCTS, is greeted with cautious optimism by industry observers..
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