CEO David Sun said that Homeinns is returning to the Chinese stock market because Chinese investors understand the hotel group better that US investors.
Plateno Group has announced in Guangzhou that it will launch new hotel brands – Pin Hotel, Pinle Hotel and RuiChen Hotel, and new online brand Plateno Trip.
The agreement comprises the acquisition of 25 hotels in 11 German cities for a total capacity of 1,816 rooms. It also includes a management platform based in Kiel.
Homeinns Hotel Group announced that it has entered into a definitive Agreement and Plan of Merger with BTG Hotels Group.
Perceived value is a big differentiator in travel e-commerce. Here we assess the significance of “value”, and what separates OTAs from hotels.
Hilton plans to open 400 over the next 10 years and increase the number of its Hilton Garden Inns in the China.
Huatian Hotel Group, New Century Hotels and Resorts, Celebrity City Hotels, New Beacon Hotel Group, Shuguang Hotel Group and GDH set up Zhejiang Lashou.
Guesthouse platform Zizaike has completed a multi-million RMB A Series financing, and domestic television and radio conglomerate GC China is the lead investor.