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Search results for “franchise”
BTG Hotels’ operating income rises 71.33% YoY to ¥3.988 billion
08/31/2017
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9:45:57 AM
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BTG Hotels reported operating income of ¥3.988 billion in H1 2017, an increase of 71.33%; net profit attributable to the parent company grew ¥227 million to ¥241 million, an increase of 1626.29%.
China Lodging expects 23%-26% revenue growth with Crystal Orange acquisition
08/17/2017
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8:00:45 PM
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China Lodging Group (Huazhu) raises net revenues growth range to 23%-26% given the consolidation of its Crystal Orange Hotel acquisition and better-than-expected performance in 2017.
Ctrip makes offline store push in China as its profit margins rise
09/01/2017
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8:47:39 AM
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Ctrip is betting on 6,500 franchise shops to take aim at cities where most travel shopping happens offline and hopes to increase its operating margins to Priceline-like levels.
Plateno’s experiences from its international expansion
04/07/2017
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6:57:16 PM
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Chinese hotel chain Plateno may gradually demonstrate its own strengths in the future development as an international brand and differentiate itself from other brands under the umbrella of Jin Jiang International Hotels Group.
Chinese hotels offer quarantine rooms, cut fees, sell veggies to get through epidemic
02/06/2020
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10:59:06 AM
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Huazhu's franchising fees have been erased in Hubei province and halved in other cities.
Indian budget hotels chain FabHotels raises $25 million
07/27/2017
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3:20:58 PM
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FabHotels has more than 225 franchise hotels in over 20 cities, with over 10,000 rooms of capacity.
China Lodging Group's net revenues rise 13.2% in 2016
03/15/2017
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6:18:37 PM
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China Lodging Group (Huazhu Hotels) reported net revenues of RMB 6,538.6 million (USD 941.8 million) in 2016, up by 13.2% YoY, in line with the guidance previously announced.
Flight Centre embarks on global acquisition spree
08/18/2017
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2:07:51 PM
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Flight Centre has announced an acquisition trail of six travel businesses globly in under six weeks, taking important steps in leisure travel, mobile agency, destinations and hospitality management.
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