btg hotels group
Hyatt and Homeinns Enter Into Strategic Joint Venture to Expand Footprint Across China
Hyatt Hotels Corporation | February 26, 2019
CHICAGO & SHANGHAI -- Hyatt Hotels Corporation (NYSE: H) and BTG Hotels (Group) Co., Ltd. (Shanghai Stock Exchange: 600258) announced today affiliates of Hyatt and Homeinns Hotel Group (affiliated with BTG Hotels which is also named BTG Homeinns Hotels Group) have entered a strategic joint venture to create a new hospitality brand. The brand, to be named later, is aimed at meeting the evolving needs and aspirations of a growing number of young travelers in the upper-midscale segment in China, providing them with a seamless and premium travel experience. In an unprecedented move expected to set a new benchmark for the local hospitali...
Homeinns Enters into Definitive Merger Agreement with BTG Hotels Group
Homeinns Hotel Group | December 7, 2015
SHANGHAI, Dec. 7, 2015 -- Homeinns Hotel Group ("Homeinns" or the "Company") (NASDAQ: HMIN), a leading economy hotel chain in China, today announced that it has entered into a definitive Agreement and Plan of Merger (the "Merger Agreement") with BTG Hotels Group (HONGKONG) Holdings Co., Limited ("Holdco"), a wholly owned subsidiary of BTG Hotels (Group) Co., Ltd., a PRC joint stock company that is listed on the Shanghai Stock Exchange and principally engaged in the management of hotels and tourism destinations (SHA: 600258) ("BTG Hotels"), BTG Hotels Group (CAYMAN) Holding Co., Ltd (&quo...
