Search results for “Hotelbeds Group”
International hotel groups beat hasty retreat from China market
07/10/2015|10:07:03 AM|
A hotel ranking list based on room counts shows local economy hotel chains topping the charts while major international hotel groups are shrinking in scale.
2014 top Hotel Groups in China ranking released
07/08/2015|10:21:14 PM|
China’s top 60 hotel groups in terms of size for 2014 were published in the “2014 China Hotel Group Operational Scale Statistics”.
Six Chinese high-end hotel groups form China Hotel Alliance
07/07/2015|6:05:16 PM|
The “China Hotel Alliance” was officially formed on July 6, comprising six major high end Chinese hotel groups.
Hotel room glut drives down room rate and revenue in China
08/03/2016|10:01:40 AM|
Hotel chains over-expansion has caused four in ten hotel rooms in China staying empty and is driving down room rate and RevPAR.
Huazhu Hotels to acquire local budget hotel chain Hotel Home
12/25/2015|11:16:55 PM|
Huazhu Hotels has signed an acquisition agreement with budget hotel chain Hotel Home estimated to be worth around RMB80 million.
Time for hotels to dig deeper post consolidation among OTAs
12/22/2015|3:33:41 PM|
2015 witnessed heavy consolidation in the OTA space in China. So what needs to be done by hotels to balance out their distribution mix?
Plateno Group aims to have 4,500 7Days hotels by 2018
06/05/2015|9:56:21 AM|
Plateno Group will expand the coverage of its 7Days Inn brand to 4,500 hotels of the brand in all Chinese cities and towns in three years.
Huazhu Hotels's gets a hand in in Homeinns with 5% acquisition for US$68 million
11/13/2015|10:45:19 AM|
Huazhu Hotels acquired a 5% stake in Homeinns for RMB435 million to inflate Homeinns's share price and thus push up the price of its proposed privatization.
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