Cachet Hotel Group to Launch SAVANT Hotel, a Midscale Lifestyle Brand, in in Shandong Province

Cachet Hotel Group | February 29, 2016

HONG KONG, Feb. 29, 2016 -- Cachet Hotel Group announced today the signing of an exclusive development agreement in Shandong Province with Qingdao Izunco Inn Investment Company (Izunco), one of the fastest growing hotel real estate and management companies in China. The primary objective of the partnership is to launch SAVANT Hotel by Cachet, a midscale lifestyle brand, in Mainland China. The introduction of SAVANT Hotel by Cachet marks a significant milestone in CHG's expansion across China and promises to complement a geographically diversified portfolio by entering new markets in the world's second largest economy. "We a...