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Search results for “Franchise Hotel”
Franchise Hotel Qingzhu secures three financing rounds in H1 2019
07/30/2019
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3:04:23 PM
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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
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9:46:03 AM
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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.
A Look at boutique, soft-brand hotel supply and performance
06/04/2021
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2:32:16 PM
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Soft-brand supply has grown 19% in the past decade.
Huazhu Group targets lifestyle market opportunities
05/27/2021
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11:12:05 AM
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The Chinese hotel company believes its expansion in the lifestyle segment, both via organic and inorganic routes, plus excellent RevPAR growth in lower-tier cities is a positive sign for the group.
Accor may use SPAC to own real estate while still trumpeting asset-light strategy
05/21/2021
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2:24:15 PM
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Accor’s potential SPAC listing would target companies in the lifestyle and leisure sector. The company wants to raise as much as $366 million under such a deal.
China’s OTAs and hotel groups are launching more hotel brands to meet diverse demands
04/30/2021
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7:15:25 PM
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Competitions in new fields and changes in business strategies are catalyzing the launch of new brands.
Elong Hotel debuts in Shanghai, forming a new OTA-hotel relationship
04/26/2021
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11:34:59 AM
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Elong Hotel has signed up 62 properties for its four brands, most of them are franchised hotels in lower-tier cities in eastern, southern and central China.
Huazhu Group gears up for expansion in lower-tier cities
12/09/2020
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11:31:23 AM
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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.
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