Jinjiang Inn Co, the fourth largest budget hotel company in China by the number of hotels, has a bra

The segment markets will be the direction cheap airline flights from england to iceland for China's budget hotel business in the future, said Ye Bingxi, the senior public relations manager at Home Inns and Hotels Management Inc, which is China's largest budget hotel company by the number of properties.
The middle and high-end business hotel is Home Inns' market position. The company has run its high-end brand, Yitel, since 2008. Yitel, where average prices are about 600 to 700 yuan (S$137.60) a day, has four hotels in three cities now.
A Home Inns hotel in Changzhou city, in East China's Jiangsu province. Home Inns suffered a loss in net profits in the first quarter of 2012 because of an operating loss by Motel 168, according to its financial report. [Zhen Huai/Asianewsphoto]
Another significant budget hotel company, cheap airline flights from england to iceland 7 Days Group Holding Ltd, is also expanding its business to middle-end hotels. Zheng Nanyan, board chairman of the company, said his first middle-range hotel will be launched this year. Some companies are going downmarket while some are expanding cheap airline flights from england to iceland into the upper market.
Jinjiang Inn Co, the fourth largest budget hotel company in China by the number of hotels, has a brand name Bestay Hotel Express targeting the lower end of the market with prices from 100 yuan a night. Bestay Hotel Express has had about 60 hotels around China since 2009.
In order to match its position, rooms in Pod's 200 hotels are smaller than other budget hotels. The company pays more attention to other facilities, such as Wi-Fi, cheap airline flights from england to iceland Apple Inc computers and Skype to lure its target audience.
We are confident about China's hotel market and Motel 168's performance will improve, after we finish the integration, said Sun Jian, chief executive officer at Home Inns, which plans to increase the number of its hotels from 1,600 and 190,000 rooms to 5,000 hotels in the next decade, a growth rate 2.5 times the speed of the last decade.
The company adjusted its 2012 plan from 360 new hotels to 400 in June. In the new plan, the number of new franchises was up to 320 from an original 240 and the plans for directly managed hotels was decreased from 120 to 80.
The segment markets cheap airline flights from england to iceland will be the direction for China's budget hotel business in the future, said Ye Bingxi, the senior public relations cheap airline flights from england to iceland manager at Home Inns and Hotels Management Inc, which is China's largest budget hotel company by the number of properties.
The middle and high-end business hotel is Home Inns' market cheap airline flights from england to iceland position. The company has run its high-end brand, Yitel, since 2008. Yitel, where average prices are about 600 to 700 yuan (S$137.60) a day, has four hotels in three cities now.
A Home Inns hotel in Changzhou city, in East China's Jiangsu province. Home Inns suffered a loss in net profits in the first quarter of 2012 because of an operating loss by Motel 168, according to its financial report. [Zhen Huai/Asianewsphoto]
Another significant budget hotel company, 7 Days Group Holding Ltd, is also expanding its business to middle-end hotels. Zheng Nanyan, board chairman of the company, said his first middle-range hotel will be launched this year. Some companies are going downmarket while some are expanding into the upper market.
Jinjiang Inn Co, the fourth largest budget hotel company in China by the number of hotels, has a brand name Bestay Hotel Express targeting the lower end of the market with prices from 100 yuan a night. Bestay Hotel Express has had about 60 hotels around China since 2009.
In order to match its position, rooms in Pod's 200 hotels are smaller than other budget hotels. The company pays more attention to other facilities, such as Wi-Fi, Apple Inc computers and Skype to lure its target audience.