Leading enterprises of Long Stay Apartment gets invested constantly and benefits from VAT reform

The keen capitalists have realized the business opportunities of specialized leasing companies in China and many institutional investors have entered into the apartment leasing “Blue Ocean”.

Breaking News: Jin Jiang acquired Vienna with CNY 1.7 billion & VAT Reform catches each industry’s attention

Welcome to breaking news this week: Jin Jiang and HNA Group are in a new round of acquisition; Spring Airlines enters hotel sector; Hotel marketing war begins; VAT reform triggers price increase

Jin Jiang confirms plan to acquire 80% stake in Vienna Hotels Group

Major Chinese hotel operator Jin Jiang announced that it planned to buy 80% shares of Vienna Hotels Group

Hotelier abandons plan to hike prices

InterContinental Hotels Group has become the first international hotel brand to drop its price increase plan after government intervention.


Marriott Sees Increased ADR, Occupancy in Q1

Systemwide first-quarter average daily rate increased 2.1 percent year over year to $177.19. Occupancy increased 0.9 percentage points to 71 percent.


Hilton Yantai Golden Coast Announces Appointment Of General Manager

Hilton Yantai Golden Coast recently announced the appointment of Vincent Zhou as general manager of the hotel.


Ritz-Carlton launches ‘cultural’ spa experiences

The Ritz-Carlton Spa aims to tailor spa experiences “anchored in local culture, employing natural and organic solutions.”


TripAdvisor Buys European Vacation Rental Site HouseTrip

TripAdvisor has acquired London-based vacation rental service HouseTrip for an undisclosed amount.

Marriott Hotels Makes Landmark Debut in Taizhou, Zhejiang Taizhou Marriott Hotel

The Zhejiang Taizhou Marriott Hotel marks the debut of Marriott International’s iconic flagship brand in the city of Taizhou, Zhejiang province of China.


Carlson Hotels Bought by China’s HNA Tourism Group for Undisclosed Sum

HNA Tourism group is buying Carlson Hotels Inc. from Carlson Hospitality group, including Carlson Hotels’ majority stake in Rezidor Hotel Group.