Keyword: Jin Jiang International
With cash collection increasing dramatically over the past two years, French real estate asset managers are looking for new opportunities.
Like many loyalty programs, Magnuson is simplifying its reward structure by boiling the rewards down to a limited number of options.
Formerly a Howard Johnson, the Magnuson Hotel Lincoln Airport is located near the University of Nebraska and Memorial Stadium.
The new alliance will have 8,000 hotels and approximately 800,000 guestrooms available at one website.
Wednesday, February 15, 2017
The Chinese company is seeking more mid-market hotels in India and is reaching out to "several hotel chains."
While Chinese business have been scooping up high-profile assets across the world, the country's budget chains are also expanding beyond its borders.
France's Louvre Hotels Group, owned by China's Jin Jiang, has reportedly acquired Indian hotel chain Sarovar Hotels.
Savills’ report found that around 901 million domestic and overseas visitors were attracted to the top 12 global cities.
Major Chinese hotel group Jin Jiang Hotels Group, which has been on a buying spree since late last year, is continuing to grow through acquisitions. The company has invested approximately US$289.8 million for an 80-percent stake in the midrange Vienna Hotel Group and its restaurants, according to ChinaTravelNews.
AccorHotels is reportedly searching out for an investor to stave off a takeover by Jin Jiang International Hotels.