Search results for “mid-ranged market”
Huatian Hotel’s revenue plunges 39.51% y-o-y in Q1 2015
04/29/2015|9:32:24 AM|
Huatian Hotel Group recorded RMB263 million operational revenue and RMB48.7938 million net profit, down 39.51% and 28.03% y-o-y respectively.
Vienna Hotels plans to fund massive expansion with US$48 million capital
03/24/2015|9:38:07 AM|
After two successful financing rounds, mid-range Vienna Hotels Group is raising a third capital injection of RMB300 million.
CTA predicts China's tourism industry to service 2.06 billion in first half of 2015
04/10/2015|9:24:02 AM|
China's tourism industry is expected to record RMB1.7 trillion revenue in the first half of this year, China Tourism Academy (CTA) projects..
Ctrip backs PMS JV Jointwisdom
03/26/2015|7:23:51 AM|
Jointwisdom formed by restructuring Ctrip subsidiary Brandwisdom and CSHIS, has been launched in Beijing.
Vienna Hotels invites Series C financing to pave way for IPO
02/26/2015|3:37:15 PM|
Vienna Hotel wants a Series C financing round this year to raise at least RMB1 billion and pave the way for an IPO in 2017.
Home Inns launches mid-range Home Inn Plus brand
02/06/2015|10:14:26 AM|
The new Home Inn Plus was featured alongside Home Inn’s existing mid-range hotel brands, Yitel, in the last Shanghai Biennale.
Atour Hotel raises US$30 million for innovative expansion
01/19/2015|9:07:54 PM|
Atour Hotel will accelerate its expansion in China and abroad as well as set up an experiential user community with the latest funding.
Investment in China’s luxury hotels set to slowdown
01/29/2015|10:41:26 AM|
China's star-rated hotels have resorted to voluntarily lowering their star ranking and selling off assets t survive.
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