Source: Lodging Magazine

BTG Hotels: Chinese Merger Deal Set for $1.7 Billion

Chinese economy hotel brand Homeinns Hotel Group has been acquired by BTG Hotels Group Hong Kong for $1.7 billion, reports Hotel Management. Upon approval, Homeinns will be a wholly owned subsidiary of BTG. Homeinns owns five brands and operates more than 2,700 hotels. BTG is a state-owned company with a portfolio of 100-plus properties. For ...The post Chinese Merger Deal Set for $1.7 Billion appeared first on Lodging.

Read full article »
Annual Revenue
$1.0-5.0B
Employees
1.0-5.0K
CEO Avatar

CEO

David Sun

CEO Approval Rating

70/100

Read more