Hospitality operators desperate to show signs of life make their way to the top of Asia’s real estate headlines today as Wang Jianlin’s Wanda teams up with the country’s second-largest e-commerce provider to create a gadget-themed hotel, and the mainland’s… Read More>>
Huazhu Group has revealed a 19 percent year-on-year jump in hotel turnover for the third quarter of 2019, as China’s largest operator of budget inns boosted its portfolio to more than 5,000 locations.
Turnover increased to RMB 10 billion ($1.4… Read More>>
In a sign of how life may be changing for global plutocrats, the next World Economic Forum in Davos may be held at a Chinese budget hotel. Or at least at a property owned and managed by China’s Huazhu Hotels… Read More>>
Huazhu Hotels Group, a NASDAQ-listed hotel operator known for its network of economy hostelry chains in China, has teamed up with investment giant China Everbright’s real estate investment arm to launch a private equity investment fund focusing on hotel and… Read More>>
Huazhu Hotels Group, a NASDAQ-listed hotel operator known for its chains of economy hostelries in China, including Home Inn and 7 Days Inn, was revealed by mainland network security organisation JDSEC Team as having been the victim of a hack… Read More>>
US private equity firm TPG has formed a joint venture with China Lodging Group, a NASDAQ-listed Chinese hotel group also known as Huazhu Hotels, to purchase a pair of hotels in Beijing for a total of RMB 1.18 billion ($186… Read More>>