What Will Btg Hotels Do Now That It Owns Home Inns?
China's Btg Hotels (Group) has closed the privatization purchase deal of Home Inns, which will subsequently become a wholly-owned subsidiary of Btg Hotels.
China's Btg Hotels (Group) has closed the privatization purchase deal of Home Inns, which will subsequently become a wholly-owned subsidiary of Btg Hotels.
With the competition in the budget hotel industry becoming increasingly fierce, each budget hotel is busying seizing the market in central China.
China's budget hotel company Home Inns & Hotels announced its unaudited financial results for the quarter ended March 31st, 2008 ans said total revenues for the quarter increased by 94.9% year-over-year to RMB357.0 million, including…