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Search results for “franchise model”
China's Didi targets Taiwan expansion with franchising model
12/19/2017
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5:40:21 PM
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Didi Chuxing, the ride-hailing giant that vanquished Uber Technologies Inc. in China, is turning to franchising in Taiwan as it expands its business beyond the mainland.
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.
After strategy shift, OYO China wants to bind hotel owners with a revenue guarantee
07/03/2019
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2:22:45 PM
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OYO China has shifted into what it calls its “Strategy 2.0” involving “26 Iron Rules” to demand Chinese hotel owners which would like to be branded as OYO to hand over controlling rights.
What does OYO mean for the Chinese hotel industry?
09/04/2019
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6:39:38 PM
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The standalone hotels that are hidden below the iceberg present a trillion-RMB market experiencing consumption upgrade.
Huazhu Group closes 60 hotels in Q1
05/28/2019
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9:22:59 AM
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Huazhu CEO Jenny Zhang said it had developed slightly different distribution approaches and fee structure to be more flexible in accommodating needs of independent hotels.
Huazhu to sustain expansion in upscale segment: CEO Jenny Zhang
08/28/2019
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5:47:56 PM
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The hotel group expects revenue generation from its mid-scale and upscale hotel segments to go up further with aggressive development.
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.
HOTELS 325: Jin Jiang becomes global No. 2 hotel group, OYO ranks 8th
08/02/2019
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5:42:49 PM
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Marriott holds onto the top spot and Hilton dipped to No. 3 behind Jin Jiang, which leaped up the ranking after its acquisition of Radisson Hotel Group adding almost 200,000 rooms.
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