homeinns hotel 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...
BTG Hotels Receives Anti-Monopoly Clearance for Merger with Homeinns Hotel Group
Homeinns Hotel Group | March 15, 2016
SHANGHAI, March 15, 2016 -- Homeinns Hotel Group ("Homeinns" or the "Company") (NASDAQ: HMIN), a leading economy hotel chain in China, today announced BTG Hotels (Group) Co., Ltd., a PRC joint stock company that is listed on the Shanghai Stock Exchange ("BTG Hotels"), has received clearance from the Ministry of Commerce of the People's Republic of China pursuant to the Anti-Monopoly Law of the People's Republic of China ("PRC Anti-Monopoly Clearance") with respect to the merger (the "Merger") contemplated by the previously announced Agreement and Plan of Merger (the "Merger ...
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...
Homeinns Announces Receipt of Preliminary Non-Binding “Going Private” Proposal
Homeinns Hotel Group | June 11, 2015
SHANGHAI, June 11, 2015 -- Homeinns Hotel Group ("Homeinns" or the "Company") (NASDAQ: HMIN), a leading economy hotel chain in China, today announced that its Board of Directors (the "Board") has received a non-binding proposal letter, dated June 11, 2015, from BTG Hotels (Group) Co., Ltd. ("BTG Hotels"), Poly Victory Investments Limited ("Poly Victory"), Ctrip.com International, Ltd. ("Ctrip"), Mr. Neil Nanpeng Shen ("Mr. Shen"), Co-Founder and Co-Chairman of the Board of the Company, James Jianzhang Liang, Co-Founder and Director of the Company and Chairman of the Board of Directors and Chief Executive Officer of Ctrip ("Mr. Liang"), ...
