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来源:三个关键词透视中国经济  作者:   发表时间:2019-05-24 09:41:10

  Hyatt, Homeinns to set up JV to tap Chinese market#标题分割#HyattHotelsCorpandBeijing-basedBTGHotels(Group)CoLtdannouncedTuesdaythataffiliatesofHyatt,andHomeinnsHotelGroupofBTGHotels,hadenteredastrategicpartnershiptosetupajointventureandcreateanewhospitalitybrand.Thejointventurehasatotalinvestmentof500millionyuan(US.8million)andaregisteredcapitalof180millionyuan,withHomeinnsandHyattholding51percentand49percentstakesrespectively.Thebrand,tobenamedlater,aimstomeetthedemandofagrowingnumberofyoungtravelersintheupper-andmid-scalesegmentinChina,accordingtoHyatt."ThecombinationofHyatt'sexpertiseinpremiumhospitalitywithourlocalinsightandvastnetworkwillensureourcollaborationwillcreateopportunitiesandbenefitsforChinesetravelersaswellastheoverallhospitalityindustry,"saidDavidSun,chiefexecutiveofficerofHomeinnsHotelGroup."ThiscollaborationisexpectedtoprovideHyattwithdeepChinainsights,buildbrandawarenessandgrowloyaltywithanewsetoftravelers,"saidStephenHo,presidentforChina,GlobalOperationswithHyatt.ThejointventureisexpectedtounveilhotelsunderthenewbrandacrosscitiessuchasShanghai,Beijing,GuangzhouandShenzheninthenextfiveyears.Thebrandwillbemanagedindependently.BTGHomeinnsHotelsGroupoperatesoneofChina'slargestandfastestgrowingeconomyhotelchains,withabout3,900hotelsinmorethan400cities.Ithasabout600mid-scalehotelsacrossChina.Hyatt, Homeinns to set up JV to tap Chinese market#标题分割#HyattHotelsCorpandBeijing-basedBTGHotels(Group)CoLtdannouncedTuesdaythataffiliatesofHyatt,andHomeinnsHotelGroupofBTGHotels,hadenteredastrategicpartnershiptosetupajointventureandcreateanewhospitalitybrand.Thejointventurehasatotalinvestmentof500millionyuan(US.8million)andaregisteredcapitalof180millionyuan,withHomeinnsandHyattholding51percentand49percentstakesrespectively.Thebrand,tobenamedlater,aimstomeetthedemandofagrowingnumberofyoungtravelersintheupper-andmid-scalesegmentinChina,accordingtoHyatt."ThecombinationofHyatt'sexpertiseinpremiumhospitalitywithourlocalinsightandvastnetworkwillensureourcollaborationwillcreateopportunitiesandbenefitsforChinesetravelersaswellastheoverallhospitalityindustry,"saidDavidSun,chiefexecutiveofficerofHomeinnsHotelGroup."ThiscollaborationisexpectedtoprovideHyattwithdeepChinainsights,buildbrandawarenessandgrowloyaltywithanewsetoftravelers,"saidStephenHo,presidentforChina,GlobalOperationswithHyatt.ThejointventureisexpectedtounveilhotelsunderthenewbrandacrosscitiessuchasShanghai,Beijing,GuangzhouandShenzheninthenextfiveyears.Thebrandwillbemanagedindependently.BTGHomeinnsHotelsGroupoperatesoneofChina'slargestandfastestgrowingeconomyhotelchains,withabout3,900hotelsinmorethan400cities.Ithasabout600mid-scalehotelsacrossChina.Hyatt, Homeinns to set up JV to tap Chinese market#标题分割#HyattHotelsCorpandBeijing-basedBTGHotels(Group)CoLtdannouncedTuesdaythataffiliatesofHyatt,andHomeinnsHotelGroupofBTGHotels,hadenteredastrategicpartnershiptosetupajointventureandcreateanewhospitalitybrand.Thejointventurehasatotalinvestmentof500millionyuan(US.8million)andaregisteredcapitalof180millionyuan,withHomeinnsandHyattholding51percentand49percentstakesrespectively.Thebrand,tobenamedlater,aimstomeetthedemandofagrowingnumberofyoungtravelersintheupper-andmid-scalesegmentinChina,accordingtoHyatt."ThecombinationofHyatt'sexpertiseinpremiumhospitalitywithourlocalinsightandvastnetworkwillensureourcollaborationwillcreateopportunitiesandbenefitsforChinesetravelersaswellastheoverallhospitalityindustry,"saidDavidSun,chiefexecutiveofficerofHomeinnsHotelGroup."ThiscollaborationisexpectedtoprovideHyattwithdeepChinainsights,buildbrandawarenessandgrowloyaltywithanewsetoftravelers,"saidStephenHo,presidentforChina,GlobalOperationswithHyatt.ThejointventureisexpectedtounveilhotelsunderthenewbrandacrosscitiessuchasShanghai,Beijing,GuangzhouandShenzheninthenextfiveyears.Thebrandwillbemanagedindependently.BTGHomeinnsHotelsGroupoperatesoneofChina'slargestandfastestgrowingeconomyhotelchains,withabout3,900hotelsinmorethan400cities.Ithasabout600mid-scalehotelsacrossChina.

  Hyatt, Homeinns to set up JV to tap Chinese market#标题分割#HyattHotelsCorpandBeijing-basedBTGHotels(Group)CoLtdannouncedTuesdaythataffiliatesofHyatt,andHomeinnsHotelGroupofBTGHotels,hadenteredastrategicpartnershiptosetupajointventureandcreateanewhospitalitybrand.Thejointventurehasatotalinvestmentof500millionyuan(US.8million)andaregisteredcapitalof180millionyuan,withHomeinnsandHyattholding51percentand49percentstakesrespectively.Thebrand,tobenamedlater,aimstomeetthedemandofagrowingnumberofyoungtravelersintheupper-andmid-scalesegmentinChina,accordingtoHyatt."ThecombinationofHyatt'sexpertiseinpremiumhospitalitywithourlocalinsightandvastnetworkwillensureourcollaborationwillcreateopportunitiesandbenefitsforChinesetravelersaswellastheoverallhospitalityindustry,"saidDavidSun,chiefexecutiveofficerofHomeinnsHotelGroup."ThiscollaborationisexpectedtoprovideHyattwithdeepChinainsights,buildbrandawarenessandgrowloyaltywithanewsetoftravelers,"saidStephenHo,presidentforChina,GlobalOperationswithHyatt.ThejointventureisexpectedtounveilhotelsunderthenewbrandacrosscitiessuchasShanghai,Beijing,GuangzhouandShenzheninthenextfiveyears.Thebrandwillbemanagedindependently.BTGHomeinnsHotelsGroupoperatesoneofChina'slargestandfastestgrowingeconomyhotelchains,withabout3,900hotelsinmorethan400cities.Ithasabout600mid-scalehotelsacrossChina.Hyatt, Homeinns to set up JV to tap Chinese market#标题分割#HyattHotelsCorpandBeijing-basedBTGHotels(Group)CoLtdannouncedTuesdaythataffiliatesofHyatt,andHomeinnsHotelGroupofBTGHotels,hadenteredastrategicpartnershiptosetupajointventureandcreateanewhospitalitybrand.Thejointventurehasatotalinvestmentof500millionyuan(US.8million)andaregisteredcapitalof180millionyuan,withHomeinnsandHyattholding51percentand49percentstakesrespectively.Thebrand,tobenamedlater,aimstomeetthedemandofagrowingnumberofyoungtravelersintheupper-andmid-scalesegmentinChina,accordingtoHyatt."ThecombinationofHyatt'sexpertiseinpremiumhospitalitywithourlocalinsightandvastnetworkwillensureourcollaborationwillcreateopportunitiesandbenefitsforChinesetravelersaswellastheoverallhospitalityindustry,"saidDavidSun,chiefexecutiveofficerofHomeinnsHotelGroup."ThiscollaborationisexpectedtoprovideHyattwithdeepChinainsights,buildbrandawarenessandgrowloyaltywithanewsetoftravelers,"saidStephenHo,presidentforChina,GlobalOperationswithHyatt.ThejointventureisexpectedtounveilhotelsunderthenewbrandacrosscitiessuchasShanghai,Beijing,GuangzhouandShenzheninthenextfiveyears.Thebrandwillbemanagedindependently.BTGHomeinnsHotelsGroupoperatesoneofChina'slargestandfastestgrowingeconomyhotelchains,withabout3,900hotelsinmorethan400cities.Ithasabout600mid-scalehotelsacrossChina.Hyatt, Homeinns to set up JV to tap Chinese market#标题分割#HyattHotelsCorpandBeijing-basedBTGHotels(Group)CoLtdannouncedTuesdaythataffiliatesofHyatt,andHomeinnsHotelGroupofBTGHotels,hadenteredastrategicpartnershiptosetupajointventureandcreateanewhospitalitybrand.Thejointventurehasatotalinvestmentof500millionyuan(US.8million)andaregisteredcapitalof180millionyuan,withHomeinnsandHyattholding51percentand49percentstakesrespectively.Thebrand,tobenamedlater,aimstomeetthedemandofagrowingnumberofyoungtravelersintheupper-andmid-scalesegmentinChina,accordingtoHyatt."ThecombinationofHyatt'sexpertiseinpremiumhospitalitywithourlocalinsightandvastnetworkwillensureourcollaborationwillcreateopportunitiesandbenefitsforChinesetravelersaswellastheoverallhospitalityindustry,"saidDavidSun,chiefexecutiveofficerofHomeinnsHotelGroup."ThiscollaborationisexpectedtoprovideHyattwithdeepChinainsights,buildbrandawarenessandgrowloyaltywithanewsetoftravelers,"saidStephenHo,presidentforChina,GlobalOperationswithHyatt.ThejointventureisexpectedtounveilhotelsunderthenewbrandacrosscitiessuchasShanghai,Beijing,GuangzhouandShenzheninthenextfiveyears.Thebrandwillbemanagedindependently.BTGHomeinnsHotelsGroupoperatesoneofChina'slargestandfastestgrowingeconomyhotelchains,withabout3,900hotelsinmorethan400cities.Ithasabout600mid-scalehotelsacrossChina.

  Hyatt, Homeinns to set up JV to tap Chinese market#标题分割#HyattHotelsCorpandBeijing-basedBTGHotels(Group)CoLtdannouncedTuesdaythataffiliatesofHyatt,andHomeinnsHotelGroupofBTGHotels,hadenteredastrategicpartnershiptosetupajointventureandcreateanewhospitalitybrand.Thejointventurehasatotalinvestmentof500millionyuan(US.8million)andaregisteredcapitalof180millionyuan,withHomeinnsandHyattholding51percentand49percentstakesrespectively.Thebrand,tobenamedlater,aimstomeetthedemandofagrowingnumberofyoungtravelersintheupper-andmid-scalesegmentinChina,accordingtoHyatt."ThecombinationofHyatt'sexpertiseinpremiumhospitalitywithourlocalinsightandvastnetworkwillensureourcollaborationwillcreateopportunitiesandbenefitsforChinesetravelersaswellastheoverallhospitalityindustry,"saidDavidSun,chiefexecutiveofficerofHomeinnsHotelGroup."ThiscollaborationisexpectedtoprovideHyattwithdeepChinainsights,buildbrandawarenessandgrowloyaltywithanewsetoftravelers,"saidStephenHo,presidentforChina,GlobalOperationswithHyatt.ThejointventureisexpectedtounveilhotelsunderthenewbrandacrosscitiessuchasShanghai,Beijing,GuangzhouandShenzheninthenextfiveyears.Thebrandwillbemanagedindependently.BTGHomeinnsHotelsGroupoperatesoneofChina'slargestandfastestgrowingeconomyhotelchains,withabout3,900hotelsinmorethan400cities.Ithasabout600mid-scalehotelsacrossChina.Hyatt, Homeinns to set up JV to tap Chinese market#标题分割#HyattHotelsCorpandBeijing-basedBTGHotels(Group)CoLtdannouncedTuesdaythataffiliatesofHyatt,andHomeinnsHotelGroupofBTGHotels,hadenteredastrategicpartnershiptosetupajointventureandcreateanewhospitalitybrand.Thejointventurehasatotalinvestmentof500millionyuan(US.8million)andaregisteredcapitalof180millionyuan,withHomeinnsandHyattholding51percentand49percentstakesrespectively.Thebrand,tobenamedlater,aimstomeetthedemandofagrowingnumberofyoungtravelersintheupper-andmid-scalesegmentinChina,accordingtoHyatt."ThecombinationofHyatt'sexpertiseinpremiumhospitalitywithourlocalinsightandvastnetworkwillensureourcollaborationwillcreateopportunitiesandbenefitsforChinesetravelersaswellastheoverallhospitalityindustry,"saidDavidSun,chiefexecutiveofficerofHomeinnsHotelGroup."ThiscollaborationisexpectedtoprovideHyattwithdeepChinainsights,buildbrandawarenessandgrowloyaltywithanewsetoftravelers,"saidStephenHo,presidentforChina,GlobalOperationswithHyatt.ThejointventureisexpectedtounveilhotelsunderthenewbrandacrosscitiessuchasShanghai,Beijing,GuangzhouandShenzheninthenextfiveyears.Thebrandwillbemanagedindependently.BTGHomeinnsHotelsGroupoperatesoneofChina'slargestandfastestgrowingeconomyhotelchains,withabout3,900hotelsinmorethan400cities.Ithasabout600mid-scalehotelsacrossChina.Hyatt, Homeinns to set up JV to tap Chinese market#标题分割#HyattHotelsCorpandBeijing-basedBTGHotels(Group)CoLtdannouncedTuesdaythataffiliatesofHyatt,andHomeinnsHotelGroupofBTGHotels,hadenteredastrategicpartnershiptosetupajointventureandcreateanewhospitalitybrand.Thejointventurehasatotalinvestmentof500millionyuan(US.8million)andaregisteredcapitalof180millionyuan,withHomeinnsandHyattholding51percentand49percentstakesrespectively.Thebrand,tobenamedlater,aimstomeetthedemandofagrowingnumberofyoungtravelersintheupper-andmid-scalesegmentinChina,accordingtoHyatt."ThecombinationofHyatt'sexpertiseinpremiumhospitalitywithourlocalinsightandvastnetworkwillensureourcollaborationwillcreateopportunitiesandbenefitsforChinesetravelersaswellastheoverallhospitalityindustry,"saidDavidSun,chiefexecutiveofficerofHomeinnsHotelGroup."ThiscollaborationisexpectedtoprovideHyattwithdeepChinainsights,buildbrandawarenessandgrowloyaltywithanewsetoftravelers,"saidStephenHo,presidentforChina,GlobalOperationswithHyatt.ThejointventureisexpectedtounveilhotelsunderthenewbrandacrosscitiessuchasShanghai,Beijing,GuangzhouandShenzheninthenextfiveyears.Thebrandwillbemanagedindependently.BTGHomeinnsHotelsGroupoperatesoneofChina'slargestandfastestgrowingeconomyhotelchains,withabout3,900hotelsinmorethan400cities.Ithasabout600mid-scalehotelsacrossChina.

  Hyatt, Homeinns to set up JV to tap Chinese market#标题分割#HyattHotelsCorpandBeijing-basedBTGHotels(Group)CoLtdannouncedTuesdaythataffiliatesofHyatt,andHomeinnsHotelGroupofBTGHotels,hadenteredastrategicpartnershiptosetupajointventureandcreateanewhospitalitybrand.Thejointventurehasatotalinvestmentof500millionyuan(US.8million)andaregisteredcapitalof180millionyuan,withHomeinnsandHyattholding51percentand49percentstakesrespectively.Thebrand,tobenamedlater,aimstomeetthedemandofagrowingnumberofyoungtravelersintheupper-andmid-scalesegmentinChina,accordingtoHyatt."ThecombinationofHyatt'sexpertiseinpremiumhospitalitywithourlocalinsightandvastnetworkwillensureourcollaborationwillcreateopportunitiesandbenefitsforChinesetravelersaswellastheoverallhospitalityindustry,"saidDavidSun,chiefexecutiveofficerofHomeinnsHotelGroup."ThiscollaborationisexpectedtoprovideHyattwithdeepChinainsights,buildbrandawarenessandgrowloyaltywithanewsetoftravelers,"saidStephenHo,presidentforChina,GlobalOperationswithHyatt.ThejointventureisexpectedtounveilhotelsunderthenewbrandacrosscitiessuchasShanghai,Beijing,GuangzhouandShenzheninthenextfiveyears.Thebrandwillbemanagedindependently.BTGHomeinnsHotelsGroupoperatesoneofChina'slargestandfastestgrowingeconomyhotelchains,withabout3,900hotelsinmorethan400cities.Ithasabout600mid-scalehotelsacrossChina.Hyatt, Homeinns to set up JV to tap Chinese market#标题分割#HyattHotelsCorpandBeijing-basedBTGHotels(Group)CoLtdannouncedTuesdaythataffiliatesofHyatt,andHomeinnsHotelGroupofBTGHotels,hadenteredastrategicpartnershiptosetupajointventureandcreateanewhospitalitybrand.Thejointventurehasatotalinvestmentof500millionyuan(US.8million)andaregisteredcapitalof180millionyuan,withHomeinnsandHyattholding51percentand49percentstakesrespectively.Thebrand,tobenamedlater,aimstomeetthedemandofagrowingnumberofyoungtravelersintheupper-andmid-scalesegmentinChina,accordingtoHyatt."ThecombinationofHyatt'sexpertiseinpremiumhospitalitywithourlocalinsightandvastnetworkwillensureourcollaborationwillcreateopportunitiesandbenefitsforChinesetravelersaswellastheoverallhospitalityindustry,"saidDavidSun,chiefexecutiveofficerofHomeinnsHotelGroup."ThiscollaborationisexpectedtoprovideHyattwithdeepChinainsights,buildbrandawarenessandgrowloyaltywithanewsetoftravelers,"saidStephenHo,presidentforChina,GlobalOperationswithHyatt.ThejointventureisexpectedtounveilhotelsunderthenewbrandacrosscitiessuchasShanghai,Beijing,GuangzhouandShenzheninthenextfiveyears.Thebrandwillbemanagedindependently.BTGHomeinnsHotelsGroupoperatesoneofChina'slargestandfastestgrowingeconomyhotelchains,withabout3,900hotelsinmorethan400cities.Ithasabout600mid-scalehotelsacrossChina.Hyatt, Homeinns to set up JV to tap Chinese market#标题分割#HyattHotelsCorpandBeijing-basedBTGHotels(Group)CoLtdannouncedTuesdaythataffiliatesofHyatt,andHomeinnsHotelGroupofBTGHotels,hadenteredastrategicpartnershiptosetupajointventureandcreateanewhospitalitybrand.Thejointventurehasatotalinvestmentof500millionyuan(US.8million)andaregisteredcapitalof180millionyuan,withHomeinnsandHyattholding51percentand49percentstakesrespectively.Thebrand,tobenamedlater,aimstomeetthedemandofagrowingnumberofyoungtravelersintheupper-andmid-scalesegmentinChina,accordingtoHyatt."ThecombinationofHyatt'sexpertiseinpremiumhospitalitywithourlocalinsightandvastnetworkwillensureourcollaborationwillcreateopportunitiesandbenefitsforChinesetravelersaswellastheoverallhospitalityindustry,"saidDavidSun,chiefexecutiveofficerofHomeinnsHotelGroup."ThiscollaborationisexpectedtoprovideHyattwithdeepChinainsights,buildbrandawarenessandgrowloyaltywithanewsetoftravelers,"saidStephenHo,presidentforChina,GlobalOperationswithHyatt.ThejointventureisexpectedtounveilhotelsunderthenewbrandacrosscitiessuchasShanghai,Beijing,GuangzhouandShenzheninthenextfiveyears.Thebrandwillbemanagedindependently.BTGHomeinnsHotelsGroupoperatesoneofChina'slargestandfastestgrowingeconomyhotelchains,withabout3,900hotelsinmorethan400cities.Ithasabout600mid-scalehotelsacrossChina.

  Hyatt, Homeinns to set up JV to tap Chinese market#标题分割#HyattHotelsCorpandBeijing-basedBTGHotels(Group)CoLtdannouncedTuesdaythataffiliatesofHyatt,andHomeinnsHotelGroupofBTGHotels,hadenteredastrategicpartnershiptosetupajointventureandcreateanewhospitalitybrand.Thejointventurehasatotalinvestmentof500millionyuan(US.8million)andaregisteredcapitalof180millionyuan,withHomeinnsandHyattholding51percentand49percentstakesrespectively.Thebrand,tobenamedlater,aimstomeetthedemandofagrowingnumberofyoungtravelersintheupper-andmid-scalesegmentinChina,accordingtoHyatt."ThecombinationofHyatt'sexpertiseinpremiumhospitalitywithourlocalinsightandvastnetworkwillensureourcollaborationwillcreateopportunitiesandbenefitsforChinesetravelersaswellastheoverallhospitalityindustry,"saidDavidSun,chiefexecutiveofficerofHomeinnsHotelGroup."ThiscollaborationisexpectedtoprovideHyattwithdeepChinainsights,buildbrandawarenessandgrowloyaltywithanewsetoftravelers,"saidStephenHo,presidentforChina,GlobalOperationswithHyatt.ThejointventureisexpectedtounveilhotelsunderthenewbrandacrosscitiessuchasShanghai,Beijing,GuangzhouandShenzheninthenextfiveyears.Thebrandwillbemanagedindependently.BTGHomeinnsHotelsGroupoperatesoneofChina'slargestandfastestgrowingeconomyhotelchains,withabout3,900hotelsinmorethan400cities.Ithasabout600mid-scalehotelsacrossChina.Hyatt, Homeinns to set up JV to tap Chinese market#标题分割#HyattHotelsCorpandBeijing-basedBTGHotels(Group)CoLtdannouncedTuesdaythataffiliatesofHyatt,andHomeinnsHotelGroupofBTGHotels,hadenteredastrategicpartnershiptosetupajointventureandcreateanewhospitalitybrand.Thejointventurehasatotalinvestmentof500millionyuan(US.8million)andaregisteredcapitalof180millionyuan,withHomeinnsandHyattholding51percentand49percentstakesrespectively.Thebrand,tobenamedlater,aimstomeetthedemandofagrowingnumberofyoungtravelersintheupper-andmid-scalesegmentinChina,accordingtoHyatt."ThecombinationofHyatt'sexpertiseinpremiumhospitalitywithourlocalinsightandvastnetworkwillensureourcollaborationwillcreateopportunitiesandbenefitsforChinesetravelersaswellastheoverallhospitalityindustry,"saidDavidSun,chiefexecutiveofficerofHomeinnsHotelGroup."ThiscollaborationisexpectedtoprovideHyattwithdeepChinainsights,buildbrandawarenessandgrowloyaltywithanewsetoftravelers,"saidStephenHo,presidentforChina,GlobalOperationswithHyatt.ThejointventureisexpectedtounveilhotelsunderthenewbrandacrosscitiessuchasShanghai,Beijing,GuangzhouandShenzheninthenextfiveyears.Thebrandwillbemanagedindependently.BTGHomeinnsHotelsGroupoperatesoneofChina'slargestandfastestgrowingeconomyhotelchains,withabout3,900hotelsinmorethan400cities.Ithasabout600mid-scalehotelsacrossChina.Hyatt, Homeinns to set up JV to tap Chinese market#标题分割#HyattHotelsCorpandBeijing-basedBTGHotels(Group)CoLtdannouncedTuesdaythataffiliatesofHyatt,andHomeinnsHotelGroupofBTGHotels,hadenteredastrategicpartnershiptosetupajointventureandcreateanewhospitalitybrand.Thejointventurehasatotalinvestmentof500millionyuan(US.8million)andaregisteredcapitalof180millionyuan,withHomeinnsandHyattholding51percentand49percentstakesrespectively.Thebrand,tobenamedlater,aimstomeetthedemandofagrowingnumberofyoungtravelersintheupper-andmid-scalesegmentinChina,accordingtoHyatt."ThecombinationofHyatt'sexpertiseinpremiumhospitalitywithourlocalinsightandvastnetworkwillensureourcollaborationwillcreateopportunitiesandbenefitsforChinesetravelersaswellastheoverallhospitalityindustry,"saidDavidSun,chiefexecutiveofficerofHomeinnsHotelGroup."ThiscollaborationisexpectedtoprovideHyattwithdeepChinainsights,buildbrandawarenessandgrowloyaltywithanewsetoftravelers,"saidStephenHo,presidentforChina,GlobalOperationswithHyatt.ThejointventureisexpectedtounveilhotelsunderthenewbrandacrosscitiessuchasShanghai,Beijing,GuangzhouandShenzheninthenextfiveyears.Thebrandwillbemanagedindependently.BTGHomeinnsHotelsGroupoperatesoneofChina'slargestandfastestgrowingeconomyhotelchains,withabout3,900hotelsinmorethan400cities.Ithasabout600mid-scalehotelsacrossChina.

  Hyatt, Homeinns to set up JV to tap Chinese market#标题分割#HyattHotelsCorpandBeijing-basedBTGHotels(Group)CoLtdannouncedTuesdaythataffiliatesofHyatt,andHomeinnsHotelGroupofBTGHotels,hadenteredastrategicpartnershiptosetupajointventureandcreateanewhospitalitybrand.Thejointventurehasatotalinvestmentof500millionyuan(US.8million)andaregisteredcapitalof180millionyuan,withHomeinnsandHyattholding51percentand49percentstakesrespectively.Thebrand,tobenamedlater,aimstomeetthedemandofagrowingnumberofyoungtravelersintheupper-andmid-scalesegmentinChina,accordingtoHyatt."ThecombinationofHyatt'sexpertiseinpremiumhospitalitywithourlocalinsightandvastnetworkwillensureourcollaborationwillcreateopportunitiesandbenefitsforChinesetravelersaswellastheoverallhospitalityindustry,"saidDavidSun,chiefexecutiveofficerofHomeinnsHotelGroup."ThiscollaborationisexpectedtoprovideHyattwithdeepChinainsights,buildbrandawarenessandgrowloyaltywithanewsetoftravelers,"saidStephenHo,presidentforChina,GlobalOperationswithHyatt.ThejointventureisexpectedtounveilhotelsunderthenewbrandacrosscitiessuchasShanghai,Beijing,GuangzhouandShenzheninthenextfiveyears.Thebrandwillbemanagedindependently.BTGHomeinnsHotelsGroupoperatesoneofChina'slargestandfastestgrowingeconomyhotelchains,withabout3,900hotelsinmorethan400cities.Ithasabout600mid-scalehotelsacrossChina.Hyatt, Homeinns to set up JV to tap Chinese market#标题分割#HyattHotelsCorpandBeijing-basedBTGHotels(Group)CoLtdannouncedTuesdaythataffiliatesofHyatt,andHomeinnsHotelGroupofBTGHotels,hadenteredastrategicpartnershiptosetupajointventureandcreateanewhospitalitybrand.Thejointventurehasatotalinvestmentof500millionyuan(US.8million)andaregisteredcapitalof180millionyuan,withHomeinnsandHyattholding51percentand49percentstakesrespectively.Thebrand,tobenamedlater,aimstomeetthedemandofagrowingnumberofyoungtravelersintheupper-andmid-scalesegmentinChina,accordingtoHyatt."ThecombinationofHyatt'sexpertiseinpremiumhospitalitywithourlocalinsightandvastnetworkwillensureourcollaborationwillcreateopportunitiesandbenefitsforChinesetravelersaswellastheoverallhospitalityindustry,"saidDavidSun,chiefexecutiveofficerofHomeinnsHotelGroup."ThiscollaborationisexpectedtoprovideHyattwithdeepChinainsights,buildbrandawarenessandgrowloyaltywithanewsetoftravelers,"saidStephenHo,presidentforChina,GlobalOperationswithHyatt.ThejointventureisexpectedtounveilhotelsunderthenewbrandacrosscitiessuchasShanghai,Beijing,GuangzhouandShenzheninthenextfiveyears.Thebrandwillbemanagedindependently.BTGHomeinnsHotelsGroupoperatesoneofChina'slargestandfastestgrowingeconomyhotelchains,withabout3,900hotelsinmorethan400cities.Ithasabout600mid-scalehotelsacrossChina.Hyatt, Homeinns to set up JV to tap Chinese market#标题分割#HyattHotelsCorpandBeijing-basedBTGHotels(Group)CoLtdannouncedTuesdaythataffiliatesofHyatt,andHomeinnsHotelGroupofBTGHotels,hadenteredastrategicpartnershiptosetupajointventureandcreateanewhospitalitybrand.Thejointventurehasatotalinvestmentof500millionyuan(US.8million)andaregisteredcapitalof180millionyuan,withHomeinnsandHyattholding51percentand49percentstakesrespectively.Thebrand,tobenamedlater,aimstomeetthedemandofagrowingnumberofyoungtravelersintheupper-andmid-scalesegmentinChina,accordingtoHyatt."ThecombinationofHyatt'sexpertiseinpremiumhospitalitywithourlocalinsightandvastnetworkwillensureourcollaborationwillcreateopportunitiesandbenefitsforChinesetravelersaswellastheoverallhospitalityindustry,"saidDavidSun,chiefexecutiveofficerofHomeinnsHotelGroup."ThiscollaborationisexpectedtoprovideHyattwithdeepChinainsights,buildbrandawarenessandgrowloyaltywithanewsetoftravelers,"saidStephenHo,presidentforChina,GlobalOperationswithHyatt.ThejointventureisexpectedtounveilhotelsunderthenewbrandacrosscitiessuchasShanghai,Beijing,GuangzhouandShenzheninthenextfiveyears.Thebrandwillbemanagedindependently.BTGHomeinnsHotelsGroupoperatesoneofChina'slargestandfastestgrowingeconomyhotelchains,withabout3,900hotelsinmorethan400cities.Ithasabout600mid-scalehotelsacrossChina.

  Hyatt, Homeinns to set up JV to tap Chinese market#标题分割#HyattHotelsCorpandBeijing-basedBTGHotels(Group)CoLtdannouncedTuesdaythataffiliatesofHyatt,andHomeinnsHotelGroupofBTGHotels,hadenteredastrategicpartnershiptosetupajointventureandcreateanewhospitalitybrand.Thejointventurehasatotalinvestmentof500millionyuan(US.8million)andaregisteredcapitalof180millionyuan,withHomeinnsandHyattholding51percentand49percentstakesrespectively.Thebrand,tobenamedlater,aimstomeetthedemandofagrowingnumberofyoungtravelersintheupper-andmid-scalesegmentinChina,accordingtoHyatt."ThecombinationofHyatt'sexpertiseinpremiumhospitalitywithourlocalinsightandvastnetworkwillensureourcollaborationwillcreateopportunitiesandbenefitsforChinesetravelersaswellastheoverallhospitalityindustry,"saidDavidSun,chiefexecutiveofficerofHomeinnsHotelGroup."ThiscollaborationisexpectedtoprovideHyattwithdeepChinainsights,buildbrandawarenessandgrowloyaltywithanewsetoftravelers,"saidStephenHo,presidentforChina,GlobalOperationswithHyatt.ThejointventureisexpectedtounveilhotelsunderthenewbrandacrosscitiessuchasShanghai,Beijing,GuangzhouandShenzheninthenextfiveyears.Thebrandwillbemanagedindependently.BTGHomeinnsHotelsGroupoperatesoneofChina'slargestandfastestgrowingeconomyhotelchains,withabout3,900hotelsinmorethan400cities.Ithasabout600mid-scalehotelsacrossChina.Hyatt, Homeinns to set up JV to tap Chinese market#标题分割#HyattHotelsCorpandBeijing-basedBTGHotels(Group)CoLtdannouncedTuesdaythataffiliatesofHyatt,andHomeinnsHotelGroupofBTGHotels,hadenteredastrategicpartnershiptosetupajointventureandcreateanewhospitalitybrand.Thejointventurehasatotalinvestmentof500millionyuan(US.8million)andaregisteredcapitalof180millionyuan,withHomeinnsandHyattholding51percentand49percentstakesrespectively.Thebrand,tobenamedlater,aimstomeetthedemandofagrowingnumberofyoungtravelersintheupper-andmid-scalesegmentinChina,accordingtoHyatt."ThecombinationofHyatt'sexpertiseinpremiumhospitalitywithourlocalinsightandvastnetworkwillensureourcollaborationwillcreateopportunitiesandbenefitsforChinesetravelersaswellastheoverallhospitalityindustry,"saidDavidSun,chiefexecutiveofficerofHomeinnsHotelGroup."ThiscollaborationisexpectedtoprovideHyattwithdeepChinainsights,buildbrandawarenessandgrowloyaltywithanewsetoftravelers,"saidStephenHo,presidentforChina,GlobalOperationswithHyatt.ThejointventureisexpectedtounveilhotelsunderthenewbrandacrosscitiessuchasShanghai,Beijing,GuangzhouandShenzheninthenextfiveyears.Thebrandwillbemanagedindependently.BTGHomeinnsHotelsGroupoperatesoneofChina'slargestandfastestgrowingeconomyhotelchains,withabout3,900hotelsinmorethan400cities.Ithasabout600mid-scalehotelsacrossChina.Hyatt, Homeinns to set up JV to tap Chinese market#标题分割#HyattHotelsCorpandBeijing-basedBTGHotels(Group)CoLtdannouncedTuesdaythataffiliatesofHyatt,andHomeinnsHotelGroupofBTGHotels,hadenteredastrategicpartnershiptosetupajointventureandcreateanewhospitalitybrand.Thejointventurehasatotalinvestmentof500millionyuan(US.8million)andaregisteredcapitalof180millionyuan,withHomeinnsandHyattholding51percentand49percentstakesrespectively.Thebrand,tobenamedlater,aimstomeetthedemandofagrowingnumberofyoungtravelersintheupper-andmid-scalesegmentinChina,accordingtoHyatt."ThecombinationofHyatt'sexpertiseinpremiumhospitalitywithourlocalinsightandvastnetworkwillensureourcollaborationwillcreateopportunitiesandbenefitsforChinesetravelersaswellastheoverallhospitalityindustry,"saidDavidSun,chiefexecutiveofficerofHomeinnsHotelGroup."ThiscollaborationisexpectedtoprovideHyattwithdeepChinainsights,buildbrandawarenessandgrowloyaltywithanewsetoftravelers,"saidStephenHo,presidentforChina,GlobalOperationswithHyatt.ThejointventureisexpectedtounveilhotelsunderthenewbrandacrosscitiessuchasShanghai,Beijing,GuangzhouandShenzheninthenextfiveyears.Thebrandwillbemanagedindependently.BTGHomeinnsHotelsGroupoperatesoneofChina'slargestandfastestgrowingeconomyhotelchains,withabout3,900hotelsinmorethan400cities.Ithasabout600mid-scalehotelsacrossChina.

  Hyatt, Homeinns to set up JV to tap Chinese market#标题分割#HyattHotelsCorpandBeijing-basedBTGHotels(Group)CoLtdannouncedTuesdaythataffiliatesofHyatt,andHomeinnsHotelGroupofBTGHotels,hadenteredastrategicpartnershiptosetupajointventureandcreateanewhospitalitybrand.Thejointventurehasatotalinvestmentof500millionyuan(US.8million)andaregisteredcapitalof180millionyuan,withHomeinnsandHyattholding51percentand49percentstakesrespectively.Thebrand,tobenamedlater,aimstomeetthedemandofagrowingnumberofyoungtravelersintheupper-andmid-scalesegmentinChina,accordingtoHyatt."ThecombinationofHyatt'sexpertiseinpremiumhospitalitywithourlocalinsightandvastnetworkwillensureourcollaborationwillcreateopportunitiesandbenefitsforChinesetravelersaswellastheoverallhospitalityindustry,"saidDavidSun,chiefexecutiveofficerofHomeinnsHotelGroup."ThiscollaborationisexpectedtoprovideHyattwithdeepChinainsights,buildbrandawarenessandgrowloyaltywithanewsetoftravelers,"saidStephenHo,presidentforChina,GlobalOperationswithHyatt.ThejointventureisexpectedtounveilhotelsunderthenewbrandacrosscitiessuchasShanghai,Beijing,GuangzhouandShenzheninthenextfiveyears.Thebrandwillbemanagedindependently.BTGHomeinnsHotelsGroupoperatesoneofChina'slargestandfastestgrowingeconomyhotelchains,withabout3,900hotelsinmorethan400cities.Ithasabout600mid-scalehotelsacrossChina.Hyatt, Homeinns to set up JV to tap Chinese market#标题分割#HyattHotelsCorpandBeijing-basedBTGHotels(Group)CoLtdannouncedTuesdaythataffiliatesofHyatt,andHomeinnsHotelGroupofBTGHotels,hadenteredastrategicpartnershiptosetupajointventureandcreateanewhospitalitybrand.Thejointventurehasatotalinvestmentof500millionyuan(US.8million)andaregisteredcapitalof180millionyuan,withHomeinnsandHyattholding51percentand49percentstakesrespectively.Thebrand,tobenamedlater,aimstomeetthedemandofagrowingnumberofyoungtravelersintheupper-andmid-scalesegmentinChina,accordingtoHyatt."ThecombinationofHyatt'sexpertiseinpremiumhospitalitywithourlocalinsightandvastnetworkwillensureourcollaborationwillcreateopportunitiesandbenefitsforChinesetravelersaswellastheoverallhospitalityindustry,"saidDavidSun,chiefexecutiveofficerofHomeinnsHotelGroup."ThiscollaborationisexpectedtoprovideHyattwithdeepChinainsights,buildbrandawarenessandgrowloyaltywithanewsetoftravelers,"saidStephenHo,presidentforChina,GlobalOperationswithHyatt.ThejointventureisexpectedtounveilhotelsunderthenewbrandacrosscitiessuchasShanghai,Beijing,GuangzhouandShenzheninthenextfiveyears.Thebrandwillbemanagedindependently.BTGHomeinnsHotelsGroupoperatesoneofChina'slargestandfastestgrowingeconomyhotelchains,withabout3,900hotelsinmorethan400cities.Ithasabout600mid-scalehotelsacrossChina.Hyatt, Homeinns to set up JV to tap Chinese market#标题分割#HyattHotelsCorpandBeijing-basedBTGHotels(Group)CoLtdannouncedTuesdaythataffiliatesofHyatt,andHomeinnsHotelGroupofBTGHotels,hadenteredastrategicpartnershiptosetupajointventureandcreateanewhospitalitybrand.Thejointventurehasatotalinvestmentof500millionyuan(US.8million)andaregisteredcapitalof180millionyuan,withHomeinnsandHyattholding51percentand49percentstakesrespectively.Thebrand,tobenamedlater,aimstomeetthedemandofagrowingnumberofyoungtravelersintheupper-andmid-scalesegmentinChina,accordingtoHyatt."ThecombinationofHyatt'sexpertiseinpremiumhospitalitywithourlocalinsightandvastnetworkwillensureourcollaborationwillcreateopportunitiesandbenefitsforChinesetravelersaswellastheoverallhospitalityindustry,"saidDavidSun,chiefexecutiveofficerofHomeinnsHotelGroup."ThiscollaborationisexpectedtoprovideHyattwithdeepChinainsights,buildbrandawarenessandgrowloyaltywithanewsetoftravelers,"saidStephenHo,presidentforChina,GlobalOperationswithHyatt.ThejointventureisexpectedtounveilhotelsunderthenewbrandacrosscitiessuchasShanghai,Beijing,GuangzhouandShenzheninthenextfiveyears.Thebrandwillbemanagedindependently.BTGHomeinnsHotelsGroupoperatesoneofChina'slargestandfastestgrowingeconomyhotelchains,withabout3,900hotelsinmorethan400cities.Ithasabout600mid-scalehotelsacrossChina.

  Hyatt, Homeinns to set up JV to tap Chinese market#标题分割#HyattHotelsCorpandBeijing-basedBTGHotels(Group)CoLtdannouncedTuesdaythataffiliatesofHyatt,andHomeinnsHotelGroupofBTGHotels,hadenteredastrategicpartnershiptosetupajointventureandcreateanewhospitalitybrand.Thejointventurehasatotalinvestmentof500millionyuan(US.8million)andaregisteredcapitalof180millionyuan,withHomeinnsandHyattholding51percentand49percentstakesrespectively.Thebrand,tobenamedlater,aimstomeetthedemandofagrowingnumberofyoungtravelersintheupper-andmid-scalesegmentinChina,accordingtoHyatt."ThecombinationofHyatt'sexpertiseinpremiumhospitalitywithourlocalinsightandvastnetworkwillensureourcollaborationwillcreateopportunitiesandbenefitsforChinesetravelersaswellastheoverallhospitalityindustry,"saidDavidSun,chiefexecutiveofficerofHomeinnsHotelGroup."ThiscollaborationisexpectedtoprovideHyattwithdeepChinainsights,buildbrandawarenessandgrowloyaltywithanewsetoftravelers,"saidStephenHo,presidentforChina,GlobalOperationswithHyatt.ThejointventureisexpectedtounveilhotelsunderthenewbrandacrosscitiessuchasShanghai,Beijing,GuangzhouandShenzheninthenextfiveyears.Thebrandwillbemanagedindependently.BTGHomeinnsHotelsGroupoperatesoneofChina'slargestandfastestgrowingeconomyhotelchains,withabout3,900hotelsinmorethan400cities.Ithasabout600mid-scalehotelsacrossChina.Hyatt, Homeinns to set up JV to tap Chinese market#标题分割#HyattHotelsCorpandBeijing-basedBTGHotels(Group)CoLtdannouncedTuesdaythataffiliatesofHyatt,andHomeinnsHotelGroupofBTGHotels,hadenteredastrategicpartnershiptosetupajointventureandcreateanewhospitalitybrand.Thejointventurehasatotalinvestmentof500millionyuan(US.8million)andaregisteredcapitalof180millionyuan,withHomeinnsandHyattholding51percentand49percentstakesrespectively.Thebrand,tobenamedlater,aimstomeetthedemandofagrowingnumberofyoungtravelersintheupper-andmid-scalesegmentinChina,accordingtoHyatt."ThecombinationofHyatt'sexpertiseinpremiumhospitalitywithourlocalinsightandvastnetworkwillensureourcollaborationwillcreateopportunitiesandbenefitsforChinesetravelersaswellastheoverallhospitalityindustry,"saidDavidSun,chiefexecutiveofficerofHomeinnsHotelGroup."ThiscollaborationisexpectedtoprovideHyattwithdeepChinainsights,buildbrandawarenessandgrowloyaltywithanewsetoftravelers,"saidStephenHo,presidentforChina,GlobalOperationswithHyatt.ThejointventureisexpectedtounveilhotelsunderthenewbrandacrosscitiessuchasShanghai,Beijing,GuangzhouandShenzheninthenextfiveyears.Thebrandwillbemanagedindependently.BTGHomeinnsHotelsGroupoperatesoneofChina'slargestandfastestgrowingeconomyhotelchains,withabout3,900hotelsinmorethan400cities.Ithasabout600mid-scalehotelsacrossChina.Hyatt, Homeinns to set up JV to tap Chinese market#标题分割#HyattHotelsCorpandBeijing-basedBTGHotels(Group)CoLtdannouncedTuesdaythataffiliatesofHyatt,andHomeinnsHotelGroupofBTGHotels,hadenteredastrategicpartnershiptosetupajointventureandcreateanewhospitalitybrand.Thejointventurehasatotalinvestmentof500millionyuan(US.8million)andaregisteredcapitalof180millionyuan,withHomeinnsandHyattholding51percentand49percentstakesrespectively.Thebrand,tobenamedlater,aimstomeetthedemandofagrowingnumberofyoungtravelersintheupper-andmid-scalesegmentinChina,accordingtoHyatt."ThecombinationofHyatt'sexpertiseinpremiumhospitalitywithourlocalinsightandvastnetworkwillensureourcollaborationwillcreateopportunitiesandbenefitsforChinesetravelersaswellastheoverallhospitalityindustry,"saidDavidSun,chiefexecutiveofficerofHomeinnsHotelGroup."ThiscollaborationisexpectedtoprovideHyattwithdeepChinainsights,buildbrandawarenessandgrowloyaltywithanewsetoftravelers,"saidStephenHo,presidentforChina,GlobalOperationswithHyatt.ThejointventureisexpectedtounveilhotelsunderthenewbrandacrosscitiessuchasShanghai,Beijing,GuangzhouandShenzheninthenextfiveyears.Thebrandwillbemanagedindependently.BTGHomeinnsHotelsGroupoperatesoneofChina'slargestandfastestgrowingeconomyhotelchains,withabout3,900hotelsinmorethan400cities.Ithasabout600mid-scalehotelsacrossChina.

  Hyatt, Homeinns to set up JV to tap Chinese market#标题分割#HyattHotelsCorpandBeijing-basedBTGHotels(Group)CoLtdannouncedTuesdaythataffiliatesofHyatt,andHomeinnsHotelGroupofBTGHotels,hadenteredastrategicpartnershiptosetupajointventureandcreateanewhospitalitybrand.Thejointventurehasatotalinvestmentof500millionyuan(US.8million)andaregisteredcapitalof180millionyuan,withHomeinnsandHyattholding51percentand49percentstakesrespectively.Thebrand,tobenamedlater,aimstomeetthedemandofagrowingnumberofyoungtravelersintheupper-andmid-scalesegmentinChina,accordingtoHyatt."ThecombinationofHyatt'sexpertiseinpremiumhospitalitywithourlocalinsightandvastnetworkwillensureourcollaborationwillcreateopportunitiesandbenefitsforChinesetravelersaswellastheoverallhospitalityindustry,"saidDavidSun,chiefexecutiveofficerofHomeinnsHotelGroup."ThiscollaborationisexpectedtoprovideHyattwithdeepChinainsights,buildbrandawarenessandgrowloyaltywithanewsetoftravelers,"saidStephenHo,presidentforChina,GlobalOperationswithHyatt.ThejointventureisexpectedtounveilhotelsunderthenewbrandacrosscitiessuchasShanghai,Beijing,GuangzhouandShenzheninthenextfiveyears.Thebrandwillbemanagedindependently.BTGHomeinnsHotelsGroupoperatesoneofChina'slargestandfastestgrowingeconomyhotelchains,withabout3,900hotelsinmorethan400cities.Ithasabout600mid-scalehotelsacrossChina.Hyatt, Homeinns to set up JV to tap Chinese market#标题分割#HyattHotelsCorpandBeijing-basedBTGHotels(Group)CoLtdannouncedTuesdaythataffiliatesofHyatt,andHomeinnsHotelGroupofBTGHotels,hadenteredastrategicpartnershiptosetupajointventureandcreateanewhospitalitybrand.Thejointventurehasatotalinvestmentof500millionyuan(US.8million)andaregisteredcapitalof180millionyuan,withHomeinnsandHyattholding51percentand49percentstakesrespectively.Thebrand,tobenamedlater,aimstomeetthedemandofagrowingnumberofyoungtravelersintheupper-andmid-scalesegmentinChina,accordingtoHyatt."ThecombinationofHyatt'sexpertiseinpremiumhospitalitywithourlocalinsightandvastnetworkwillensureourcollaborationwillcreateopportunitiesandbenefitsforChinesetravelersaswellastheoverallhospitalityindustry,"saidDavidSun,chiefexecutiveofficerofHomeinnsHotelGroup."ThiscollaborationisexpectedtoprovideHyattwithdeepChinainsights,buildbrandawarenessandgrowloyaltywithanewsetoftravelers,"saidStephenHo,presidentforChina,GlobalOperationswithHyatt.ThejointventureisexpectedtounveilhotelsunderthenewbrandacrosscitiessuchasShanghai,Beijing,GuangzhouandShenzheninthenextfiveyears.Thebrandwillbemanagedindependently.BTGHomeinnsHotelsGroupoperatesoneofChina'slargestandfastestgrowingeconomyhotelchains,withabout3,900hotelsinmorethan400cities.Ithasabout600mid-scalehotelsacrossChina.Hyatt, Homeinns to set up JV to tap Chinese market#标题分割#HyattHotelsCorpandBeijing-basedBTGHotels(Group)CoLtdannouncedTuesdaythataffiliatesofHyatt,andHomeinnsHotelGroupofBTGHotels,hadenteredastrategicpartnershiptosetupajointventureandcreateanewhospitalitybrand.Thejointventurehasatotalinvestmentof500millionyuan(US.8million)andaregisteredcapitalof180millionyuan,withHomeinnsandHyattholding51percentand49percentstakesrespectively.Thebrand,tobenamedlater,aimstomeetthedemandofagrowingnumberofyoungtravelersintheupper-andmid-scalesegmentinChina,accordingtoHyatt."ThecombinationofHyatt'sexpertiseinpremiumhospitalitywithourlocalinsightandvastnetworkwillensureourcollaborationwillcreateopportunitiesandbenefitsforChinesetravelersaswellastheoverallhospitalityindustry,"saidDavidSun,chiefexecutiveofficerofHomeinnsHotelGroup."ThiscollaborationisexpectedtoprovideHyattwithdeepChinainsights,buildbrandawarenessandgrowloyaltywithanewsetoftravelers,"saidStephenHo,presidentforChina,GlobalOperationswithHyatt.ThejointventureisexpectedtounveilhotelsunderthenewbrandacrosscitiessuchasShanghai,Beijing,GuangzhouandShenzheninthenextfiveyears.Thebrandwillbemanagedindependently.BTGHomeinnsHotelsGroupoperatesoneofChina'slargestandfastestgrowingeconomyhotelchains,withabout3,900hotelsinmorethan400cities.Ithasabout600mid-scalehotelsacrossChina.

  Hyatt, Homeinns to set up JV to tap Chinese market#标题分割#HyattHotelsCorpandBeijing-basedBTGHotels(Group)CoLtdannouncedTuesdaythataffiliatesofHyatt,andHomeinnsHotelGroupofBTGHotels,hadenteredastrategicpartnershiptosetupajointventureandcreateanewhospitalitybrand.Thejointventurehasatotalinvestmentof500millionyuan(US.8million)andaregisteredcapitalof180millionyuan,withHomeinnsandHyattholding51percentand49percentstakesrespectively.Thebrand,tobenamedlater,aimstomeetthedemandofagrowingnumberofyoungtravelersintheupper-andmid-scalesegmentinChina,accordingtoHyatt."ThecombinationofHyatt'sexpertiseinpremiumhospitalitywithourlocalinsightandvastnetworkwillensureourcollaborationwillcreateopportunitiesandbenefitsforChinesetravelersaswellastheoverallhospitalityindustry,"saidDavidSun,chiefexecutiveofficerofHomeinnsHotelGroup."ThiscollaborationisexpectedtoprovideHyattwithdeepChinainsights,buildbrandawarenessandgrowloyaltywithanewsetoftravelers,"saidStephenHo,presidentforChina,GlobalOperationswithHyatt.ThejointventureisexpectedtounveilhotelsunderthenewbrandacrosscitiessuchasShanghai,Beijing,GuangzhouandShenzheninthenextfiveyears.Thebrandwillbemanagedindependently.BTGHomeinnsHotelsGroupoperatesoneofChina'slargestandfastestgrowingeconomyhotelchains,withabout3,900hotelsinmorethan400cities.Ithasabout600mid-scalehotelsacrossChina.Hyatt, Homeinns to set up JV to tap Chinese market#标题分割#HyattHotelsCorpandBeijing-basedBTGHotels(Group)CoLtdannouncedTuesdaythataffiliatesofHyatt,andHomeinnsHotelGroupofBTGHotels,hadenteredastrategicpartnershiptosetupajointventureandcreateanewhospitalitybrand.Thejointventurehasatotalinvestmentof500millionyuan(US.8million)andaregisteredcapitalof180millionyuan,withHomeinnsandHyattholding51percentand49percentstakesrespectively.Thebrand,tobenamedlater,aimstomeetthedemandofagrowingnumberofyoungtravelersintheupper-andmid-scalesegmentinChina,accordingtoHyatt."ThecombinationofHyatt'sexpertiseinpremiumhospitalitywithourlocalinsightandvastnetworkwillensureourcollaborationwillcreateopportunitiesandbenefitsforChinesetravelersaswellastheoverallhospitalityindustry,"saidDavidSun,chiefexecutiveofficerofHomeinnsHotelGroup."ThiscollaborationisexpectedtoprovideHyattwithdeepChinainsights,buildbrandawarenessandgrowloyaltywithanewsetoftravelers,"saidStephenHo,presidentforChina,GlobalOperationswithHyatt.ThejointventureisexpectedtounveilhotelsunderthenewbrandacrosscitiessuchasShanghai,Beijing,GuangzhouandShenzheninthenextfiveyears.Thebrandwillbemanagedindependently.BTGHomeinnsHotelsGroupoperatesoneofChina'slargestandfastestgrowingeconomyhotelchains,withabout3,900hotelsinmorethan400cities.Ithasabout600mid-scalehotelsacrossChina.Hyatt, Homeinns to set up JV to tap Chinese market#标题分割#HyattHotelsCorpandBeijing-basedBTGHotels(Group)CoLtdannouncedTuesdaythataffiliatesofHyatt,andHomeinnsHotelGroupofBTGHotels,hadenteredastrategicpartnershiptosetupajointventureandcreateanewhospitalitybrand.Thejointventurehasatotalinvestmentof500millionyuan(US.8million)andaregisteredcapitalof180millionyuan,withHomeinnsandHyattholding51percentand49percentstakesrespectively.Thebrand,tobenamedlater,aimstomeetthedemandofagrowingnumberofyoungtravelersintheupper-andmid-scalesegmentinChina,accordingtoHyatt."ThecombinationofHyatt'sexpertiseinpremiumhospitalitywithourlocalinsightandvastnetworkwillensureourcollaborationwillcreateopportunitiesandbenefitsforChinesetravelersaswellastheoverallhospitalityindustry,"saidDavidSun,chiefexecutiveofficerofHomeinnsHotelGroup."ThiscollaborationisexpectedtoprovideHyattwithdeepChinainsights,buildbrandawarenessandgrowloyaltywithanewsetoftravelers,"saidStephenHo,presidentforChina,GlobalOperationswithHyatt.ThejointventureisexpectedtounveilhotelsunderthenewbrandacrosscitiessuchasShanghai,Beijing,GuangzhouandShenzheninthenextfiveyears.Thebrandwillbemanagedindependently.BTGHomeinnsHotelsGroupoperatesoneofChina'slargestandfastestgrowingeconomyhotelchains,withabout3,900hotelsinmorethan400cities.Ithasabout600mid-scalehotelsacrossChina.

  Hyatt, Homeinns to set up JV to tap Chinese market#标题分割#HyattHotelsCorpandBeijing-basedBTGHotels(Group)CoLtdannouncedTuesdaythataffiliatesofHyatt,andHomeinnsHotelGroupofBTGHotels,hadenteredastrategicpartnershiptosetupajointventureandcreateanewhospitalitybrand.Thejointventurehasatotalinvestmentof500millionyuan(US.8million)andaregisteredcapitalof180millionyuan,withHomeinnsandHyattholding51percentand49percentstakesrespectively.Thebrand,tobenamedlater,aimstomeetthedemandofagrowingnumberofyoungtravelersintheupper-andmid-scalesegmentinChina,accordingtoHyatt."ThecombinationofHyatt'sexpertiseinpremiumhospitalitywithourlocalinsightandvastnetworkwillensureourcollaborationwillcreateopportunitiesandbenefitsforChinesetravelersaswellastheoverallhospitalityindustry,"saidDavidSun,chiefexecutiveofficerofHomeinnsHotelGroup."ThiscollaborationisexpectedtoprovideHyattwithdeepChinainsights,buildbrandawarenessandgrowloyaltywithanewsetoftravelers,"saidStephenHo,presidentforChina,GlobalOperationswithHyatt.ThejointventureisexpectedtounveilhotelsunderthenewbrandacrosscitiessuchasShanghai,Beijing,GuangzhouandShenzheninthenextfiveyears.Thebrandwillbemanagedindependently.BTGHomeinnsHotelsGroupoperatesoneofChina'slargestandfastestgrowingeconomyhotelchains,withabout3,900hotelsinmorethan400cities.Ithasabout600mid-scalehotelsacrossChina.Hyatt, Homeinns to set up JV to tap Chinese market#标题分割#HyattHotelsCorpandBeijing-basedBTGHotels(Group)CoLtdannouncedTuesdaythataffiliatesofHyatt,andHomeinnsHotelGroupofBTGHotels,hadenteredastrategicpartnershiptosetupajointventureandcreateanewhospitalitybrand.Thejointventurehasatotalinvestmentof500millionyuan(US.8million)andaregisteredcapitalof180millionyuan,withHomeinnsandHyattholding51percentand49percentstakesrespectively.Thebrand,tobenamedlater,aimstomeetthedemandofagrowingnumberofyoungtravelersintheupper-andmid-scalesegmentinChina,accordingtoHyatt."ThecombinationofHyatt'sexpertiseinpremiumhospitalitywithourlocalinsightandvastnetworkwillensureourcollaborationwillcreateopportunitiesandbenefitsforChinesetravelersaswellastheoverallhospitalityindustry,"saidDavidSun,chiefexecutiveofficerofHomeinnsHotelGroup."ThiscollaborationisexpectedtoprovideHyattwithdeepChinainsights,buildbrandawarenessandgrowloyaltywithanewsetoftravelers,"saidStephenHo,presidentforChina,GlobalOperationswithHyatt.ThejointventureisexpectedtounveilhotelsunderthenewbrandacrosscitiessuchasShanghai,Beijing,GuangzhouandShenzheninthenextfiveyears.Thebrandwillbemanagedindependently.BTGHomeinnsHotelsGroupoperatesoneofChina'slargestandfastestgrowingeconomyhotelchains,withabout3,900hotelsinmorethan400cities.Ithasabout600mid-scalehotelsacrossChina.Hyatt, Homeinns to set up JV to tap Chinese market#标题分割#HyattHotelsCorpandBeijing-basedBTGHotels(Group)CoLtdannouncedTuesdaythataffiliatesofHyatt,andHomeinnsHotelGroupofBTGHotels,hadenteredastrategicpartnershiptosetupajointventureandcreateanewhospitalitybrand.Thejointventurehasatotalinvestmentof500millionyuan(US.8million)andaregisteredcapitalof180millionyuan,withHomeinnsandHyattholding51percentand49percentstakesrespectively.Thebrand,tobenamedlater,aimstomeetthedemandofagrowingnumberofyoungtravelersintheupper-andmid-scalesegmentinChina,accordingtoHyatt."ThecombinationofHyatt'sexpertiseinpremiumhospitalitywithourlocalinsightandvastnetworkwillensureourcollaborationwillcreateopportunitiesandbenefitsforChinesetravelersaswellastheoverallhospitalityindustry,"saidDavidSun,chiefexecutiveofficerofHomeinnsHotelGroup."ThiscollaborationisexpectedtoprovideHyattwithdeepChinainsights,buildbrandawarenessandgrowloyaltywithanewsetoftravelers,"saidStephenHo,presidentforChina,GlobalOperationswithHyatt.ThejointventureisexpectedtounveilhotelsunderthenewbrandacrosscitiessuchasShanghai,Beijing,GuangzhouandShenzheninthenextfiveyears.Thebrandwillbemanagedindependently.BTGHomeinnsHotelsGroupoperatesoneofChina'slargestandfastestgrowingeconomyhotelchains,withabout3,900hotelsinmorethan400cities.Ithasabout600mid-scalehotelsacrossChina.

  Hyatt, Homeinns to set up JV to tap Chinese market#标题分割#HyattHotelsCorpandBeijing-basedBTGHotels(Group)CoLtdannouncedTuesdaythataffiliatesofHyatt,andHomeinnsHotelGroupofBTGHotels,hadenteredastrategicpartnershiptosetupajointventureandcreateanewhospitalitybrand.Thejointventurehasatotalinvestmentof500millionyuan(US.8million)andaregisteredcapitalof180millionyuan,withHomeinnsandHyattholding51percentand49percentstakesrespectively.Thebrand,tobenamedlater,aimstomeetthedemandofagrowingnumberofyoungtravelersintheupper-andmid-scalesegmentinChina,accordingtoHyatt."ThecombinationofHyatt'sexpertiseinpremiumhospitalitywithourlocalinsightandvastnetworkwillensureourcollaborationwillcreateopportunitiesandbenefitsforChinesetravelersaswellastheoverallhospitalityindustry,"saidDavidSun,chiefexecutiveofficerofHomeinnsHotelGroup."ThiscollaborationisexpectedtoprovideHyattwithdeepChinainsights,buildbrandawarenessandgrowloyaltywithanewsetoftravelers,"saidStephenHo,presidentforChina,GlobalOperationswithHyatt.ThejointventureisexpectedtounveilhotelsunderthenewbrandacrosscitiessuchasShanghai,Beijing,GuangzhouandShenzheninthenextfiveyears.Thebrandwillbemanagedindependently.BTGHomeinnsHotelsGroupoperatesoneofChina'slargestandfastestgrowingeconomyhotelchains,withabout3,900hotelsinmorethan400cities.Ithasabout600mid-scalehotelsacrossChina.Hyatt, Homeinns to set up JV to tap Chinese market#标题分割#HyattHotelsCorpandBeijing-basedBTGHotels(Group)CoLtdannouncedTuesdaythataffiliatesofHyatt,andHomeinnsHotelGroupofBTGHotels,hadenteredastrategicpartnershiptosetupajointventureandcreateanewhospitalitybrand.Thejointventurehasatotalinvestmentof500millionyuan(US.8million)andaregisteredcapitalof180millionyuan,withHomeinnsandHyattholding51percentand49percentstakesrespectively.Thebrand,tobenamedlater,aimstomeetthedemandofagrowingnumberofyoungtravelersintheupper-andmid-scalesegmentinChina,accordingtoHyatt."ThecombinationofHyatt'sexpertiseinpremiumhospitalitywithourlocalinsightandvastnetworkwillensureourcollaborationwillcreateopportunitiesandbenefitsforChinesetravelersaswellastheoverallhospitalityindustry,"saidDavidSun,chiefexecutiveofficerofHomeinnsHotelGroup."ThiscollaborationisexpectedtoprovideHyattwithdeepChinainsights,buildbrandawarenessandgrowloyaltywithanewsetoftravelers,"saidStephenHo,presidentforChina,GlobalOperationswithHyatt.ThejointventureisexpectedtounveilhotelsunderthenewbrandacrosscitiessuchasShanghai,Beijing,GuangzhouandShenzheninthenextfiveyears.Thebrandwillbemanagedindependently.BTGHomeinnsHotelsGroupoperatesoneofChina'slargestandfastestgrowingeconomyhotelchains,withabout3,900hotelsinmorethan400cities.Ithasabout600mid-scalehotelsacrossChina.Hyatt, Homeinns to set up JV to tap Chinese market#标题分割#HyattHotelsCorpandBeijing-basedBTGHotels(Group)CoLtdannouncedTuesdaythataffiliatesofHyatt,andHomeinnsHotelGroupofBTGHotels,hadenteredastrategicpartnershiptosetupajointventureandcreateanewhospitalitybrand.Thejointventurehasatotalinvestmentof500millionyuan(US.8million)andaregisteredcapitalof180millionyuan,withHomeinnsandHyattholding51percentand49percentstakesrespectively.Thebrand,tobenamedlater,aimstomeetthedemandofagrowingnumberofyoungtravelersintheupper-andmid-scalesegmentinChina,accordingtoHyatt."ThecombinationofHyatt'sexpertiseinpremiumhospitalitywithourlocalinsightandvastnetworkwillensureourcollaborationwillcreateopportunitiesandbenefitsforChinesetravelersaswellastheoverallhospitalityindustry,"saidDavidSun,chiefexecutiveofficerofHomeinnsHotelGroup."ThiscollaborationisexpectedtoprovideHyattwithdeepChinainsights,buildbrandawarenessandgrowloyaltywithanewsetoftravelers,"saidStephenHo,presidentforChina,GlobalOperationswithHyatt.ThejointventureisexpectedtounveilhotelsunderthenewbrandacrosscitiessuchasShanghai,Beijing,GuangzhouandShenzheninthenextfiveyears.Thebrandwillbemanagedindependently.BTGHomeinnsHotelsGroupoperatesoneofChina'slargestandfastestgrowingeconomyhotelchains,withabout3,900hotelsinmorethan400cities.Ithasabout600mid-scalehotelsacrossChina.

  Hyatt, Homeinns to set up JV to tap Chinese market#标题分割#HyattHotelsCorpandBeijing-basedBTGHotels(Group)CoLtdannouncedTuesdaythataffiliatesofHyatt,andHomeinnsHotelGroupofBTGHotels,hadenteredastrategicpartnershiptosetupajointventureandcreateanewhospitalitybrand.Thejointventurehasatotalinvestmentof500millionyuan(US.8million)andaregisteredcapitalof180millionyuan,withHomeinnsandHyattholding51percentand49percentstakesrespectively.Thebrand,tobenamedlater,aimstomeetthedemandofagrowingnumberofyoungtravelersintheupper-andmid-scalesegmentinChina,accordingtoHyatt."ThecombinationofHyatt'sexpertiseinpremiumhospitalitywithourlocalinsightandvastnetworkwillensureourcollaborationwillcreateopportunitiesandbenefitsforChinesetravelersaswellastheoverallhospitalityindustry,"saidDavidSun,chiefexecutiveofficerofHomeinnsHotelGroup."ThiscollaborationisexpectedtoprovideHyattwithdeepChinainsights,buildbrandawarenessandgrowloyaltywithanewsetoftravelers,"saidStephenHo,presidentforChina,GlobalOperationswithHyatt.ThejointventureisexpectedtounveilhotelsunderthenewbrandacrosscitiessuchasShanghai,Beijing,GuangzhouandShenzheninthenextfiveyears.Thebrandwillbemanagedindependently.BTGHomeinnsHotelsGroupoperatesoneofChina'slargestandfastestgrowingeconomyhotelchains,withabout3,900hotelsinmorethan400cities.Ithasabout600mid-scalehotelsacrossChina.Hyatt, Homeinns to set up JV to tap Chinese market#标题分割#HyattHotelsCorpandBeijing-basedBTGHotels(Group)CoLtdannouncedTuesdaythataffiliatesofHyatt,andHomeinnsHotelGroupofBTGHotels,hadenteredastrategicpartnershiptosetupajointventureandcreateanewhospitalitybrand.Thejointventurehasatotalinvestmentof500millionyuan(US.8million)andaregisteredcapitalof180millionyuan,withHomeinnsandHyattholding51percentand49percentstakesrespectively.Thebrand,tobenamedlater,aimstomeetthedemandofagrowingnumberofyoungtravelersintheupper-andmid-scalesegmentinChina,accordingtoHyatt."ThecombinationofHyatt'sexpertiseinpremiumhospitalitywithourlocalinsightandvastnetworkwillensureourcollaborationwillcreateopportunitiesandbenefitsforChinesetravelersaswellastheoverallhospitalityindustry,"saidDavidSun,chiefexecutiveofficerofHomeinnsHotelGroup."ThiscollaborationisexpectedtoprovideHyattwithdeepChinainsights,buildbrandawarenessandgrowloyaltywithanewsetoftravelers,"saidStephenHo,presidentforChina,GlobalOperationswithHyatt.ThejointventureisexpectedtounveilhotelsunderthenewbrandacrosscitiessuchasShanghai,Beijing,GuangzhouandShenzheninthenextfiveyears.Thebrandwillbemanagedindependently.BTGHomeinnsHotelsGroupoperatesoneofChina'slargestandfastestgrowingeconomyhotelchains,withabout3,900hotelsinmorethan400cities.Ithasabout600mid-scalehotelsacrossChina.Hyatt, Homeinns to set up JV to tap Chinese market#标题分割#HyattHotelsCorpandBeijing-basedBTGHotels(Group)CoLtdannouncedTuesdaythataffiliatesofHyatt,andHomeinnsHotelGroupofBTGHotels,hadenteredastrategicpartnershiptosetupajointventureandcreateanewhospitalitybrand.Thejointventurehasatotalinvestmentof500millionyuan(US.8million)andaregisteredcapitalof180millionyuan,withHomeinnsandHyattholding51percentand49percentstakesrespectively.Thebrand,tobenamedlater,aimstomeetthedemandofagrowingnumberofyoungtravelersintheupper-andmid-scalesegmentinChina,accordingtoHyatt."ThecombinationofHyatt'sexpertiseinpremiumhospitalitywithourlocalinsightandvastnetworkwillensureourcollaborationwillcreateopportunitiesandbenefitsforChinesetravelersaswellastheoverallhospitalityindustry,"saidDavidSun,chiefexecutiveofficerofHomeinnsHotelGroup."ThiscollaborationisexpectedtoprovideHyattwithdeepChinainsights,buildbrandawarenessandgrowloyaltywithanewsetoftravelers,"saidStephenHo,presidentforChina,GlobalOperationswithHyatt.ThejointventureisexpectedtounveilhotelsunderthenewbrandacrosscitiessuchasShanghai,Beijing,GuangzhouandShenzheninthenextfiveyears.Thebrandwillbemanagedindependently.BTGHomeinnsHotelsGroupoperatesoneofChina'slargestandfastestgrowingeconomyhotelchains,withabout3,900hotelsinmorethan400cities.Ithasabout600mid-scalehotelsacrossChina.

  Hyatt, Homeinns to set up JV to tap Chinese market#标题分割#HyattHotelsCorpandBeijing-basedBTGHotels(Group)CoLtdannouncedTuesdaythataffiliatesofHyatt,andHomeinnsHotelGroupofBTGHotels,hadenteredastrategicpartnershiptosetupajointventureandcreateanewhospitalitybrand.Thejointventurehasatotalinvestmentof500millionyuan(US.8million)andaregisteredcapitalof180millionyuan,withHomeinnsandHyattholding51percentand49percentstakesrespectively.Thebrand,tobenamedlater,aimstomeetthedemandofagrowingnumberofyoungtravelersintheupper-andmid-scalesegmentinChina,accordingtoHyatt."ThecombinationofHyatt'sexpertiseinpremiumhospitalitywithourlocalinsightandvastnetworkwillensureourcollaborationwillcreateopportunitiesandbenefitsforChinesetravelersaswellastheoverallhospitalityindustry,"saidDavidSun,chiefexecutiveofficerofHomeinnsHotelGroup."ThiscollaborationisexpectedtoprovideHyattwithdeepChinainsights,buildbrandawarenessandgrowloyaltywithanewsetoftravelers,"saidStephenHo,presidentforChina,GlobalOperationswithHyatt.ThejointventureisexpectedtounveilhotelsunderthenewbrandacrosscitiessuchasShanghai,Beijing,GuangzhouandShenzheninthenextfiveyears.Thebrandwillbemanagedindependently.BTGHomeinnsHotelsGroupoperatesoneofChina'slargestandfastestgrowingeconomyhotelchains,withabout3,900hotelsinmorethan400cities.Ithasabout600mid-scalehotelsacrossChina.Hyatt, Homeinns to set up JV to tap Chinese market#标题分割#HyattHotelsCorpandBeijing-basedBTGHotels(Group)CoLtdannouncedTuesdaythataffiliatesofHyatt,andHomeinnsHotelGroupofBTGHotels,hadenteredastrategicpartnershiptosetupajointventureandcreateanewhospitalitybrand.Thejointventurehasatotalinvestmentof500millionyuan(US.8million)andaregisteredcapitalof180millionyuan,withHomeinnsandHyattholding51percentand49percentstakesrespectively.Thebrand,tobenamedlater,aimstomeetthedemandofagrowingnumberofyoungtravelersintheupper-andmid-scalesegmentinChina,accordingtoHyatt."ThecombinationofHyatt'sexpertiseinpremiumhospitalitywithourlocalinsightandvastnetworkwillensureourcollaborationwillcreateopportunitiesandbenefitsforChinesetravelersaswellastheoverallhospitalityindustry,"saidDavidSun,chiefexecutiveofficerofHomeinnsHotelGroup."ThiscollaborationisexpectedtoprovideHyattwithdeepChinainsights,buildbrandawarenessandgrowloyaltywithanewsetoftravelers,"saidStephenHo,presidentforChina,GlobalOperationswithHyatt.ThejointventureisexpectedtounveilhotelsunderthenewbrandacrosscitiessuchasShanghai,Beijing,GuangzhouandShenzheninthenextfiveyears.Thebrandwillbemanagedindependently.BTGHomeinnsHotelsGroupoperatesoneofChina'slargestandfastestgrowingeconomyhotelchains,withabout3,900hotelsinmorethan400cities.Ithasabout600mid-scalehotelsacrossChina.Hyatt, Homeinns to set up JV to tap Chinese market#标题分割#HyattHotelsCorpandBeijing-basedBTGHotels(Group)CoLtdannouncedTuesdaythataffiliatesofHyatt,andHomeinnsHotelGroupofBTGHotels,hadenteredastrategicpartnershiptosetupajointventureandcreateanewhospitalitybrand.Thejointventurehasatotalinvestmentof500millionyuan(US.8million)andaregisteredcapitalof180millionyuan,withHomeinnsandHyattholding51percentand49percentstakesrespectively.Thebrand,tobenamedlater,aimstomeetthedemandofagrowingnumberofyoungtravelersintheupper-andmid-scalesegmentinChina,accordingtoHyatt."ThecombinationofHyatt'sexpertiseinpremiumhospitalitywithourlocalinsightandvastnetworkwillensureourcollaborationwillcreateopportunitiesandbenefitsforChinesetravelersaswellastheoverallhospitalityindustry,"saidDavidSun,chiefexecutiveofficerofHomeinnsHotelGroup."ThiscollaborationisexpectedtoprovideHyattwithdeepChinainsights,buildbrandawarenessandgrowloyaltywithanewsetoftravelers,"saidStephenHo,presidentforChina,GlobalOperationswithHyatt.ThejointventureisexpectedtounveilhotelsunderthenewbrandacrosscitiessuchasShanghai,Beijing,GuangzhouandShenzheninthenextfiveyears.Thebrandwillbemanagedindependently.BTGHomeinnsHotelsGroupoperatesoneofChina'slargestandfastestgrowingeconomyhotelchains,withabout3,900hotelsinmorethan400cities.Ithasabout600mid-scalehotelsacrossChina.

  Hyatt, Homeinns to set up JV to tap Chinese market#标题分割#HyattHotelsCorpandBeijing-basedBTGHotels(Group)CoLtdannouncedTuesdaythataffiliatesofHyatt,andHomeinnsHotelGroupofBTGHotels,hadenteredastrategicpartnershiptosetupajointventureandcreateanewhospitalitybrand.Thejointventurehasatotalinvestmentof500millionyuan(US.8million)andaregisteredcapitalof180millionyuan,withHomeinnsandHyattholding51percentand49percentstakesrespectively.Thebrand,tobenamedlater,aimstomeetthedemandofagrowingnumberofyoungtravelersintheupper-andmid-scalesegmentinChina,accordingtoHyatt."ThecombinationofHyatt'sexpertiseinpremiumhospitalitywithourlocalinsightandvastnetworkwillensureourcollaborationwillcreateopportunitiesandbenefitsforChinesetravelersaswellastheoverallhospitalityindustry,"saidDavidSun,chiefexecutiveofficerofHomeinnsHotelGroup."ThiscollaborationisexpectedtoprovideHyattwithdeepChinainsights,buildbrandawarenessandgrowloyaltywithanewsetoftravelers,"saidStephenHo,presidentforChina,GlobalOperationswithHyatt.ThejointventureisexpectedtounveilhotelsunderthenewbrandacrosscitiessuchasShanghai,Beijing,GuangzhouandShenzheninthenextfiveyears.Thebrandwillbemanagedindependently.BTGHomeinnsHotelsGroupoperatesoneofChina'slargestandfastestgrowingeconomyhotelchains,withabout3,900hotelsinmorethan400cities.Ithasabout600mid-scalehotelsacrossChina.Hyatt, Homeinns to set up JV to tap Chinese market#标题分割#HyattHotelsCorpandBeijing-basedBTGHotels(Group)CoLtdannouncedTuesdaythataffiliatesofHyatt,andHomeinnsHotelGroupofBTGHotels,hadenteredastrategicpartnershiptosetupajointventureandcreateanewhospitalitybrand.Thejointventurehasatotalinvestmentof500millionyuan(US.8million)andaregisteredcapitalof180millionyuan,withHomeinnsandHyattholding51percentand49percentstakesrespectively.Thebrand,tobenamedlater,aimstomeetthedemandofagrowingnumberofyoungtravelersintheupper-andmid-scalesegmentinChina,accordingtoHyatt."ThecombinationofHyatt'sexpertiseinpremiumhospitalitywithourlocalinsightandvastnetworkwillensureourcollaborationwillcreateopportunitiesandbenefitsforChinesetravelersaswellastheoverallhospitalityindustry,"saidDavidSun,chiefexecutiveofficerofHomeinnsHotelGroup."ThiscollaborationisexpectedtoprovideHyattwithdeepChinainsights,buildbrandawarenessandgrowloyaltywithanewsetoftravelers,"saidStephenHo,presidentforChina,GlobalOperationswithHyatt.ThejointventureisexpectedtounveilhotelsunderthenewbrandacrosscitiessuchasShanghai,Beijing,GuangzhouandShenzheninthenextfiveyears.Thebrandwillbemanagedindependently.BTGHomeinnsHotelsGroupoperatesoneofChina'slargestandfastestgrowingeconomyhotelchains,withabout3,900hotelsinmorethan400cities.Ithasabout600mid-scalehotelsacrossChina.Hyatt, Homeinns to set up JV to tap Chinese market#标题分割#HyattHotelsCorpandBeijing-basedBTGHotels(Group)CoLtdannouncedTuesdaythataffiliatesofHyatt,andHomeinnsHotelGroupofBTGHotels,hadenteredastrategicpartnershiptosetupajointventureandcreateanewhospitalitybrand.Thejointventurehasatotalinvestmentof500millionyuan(US.8million)andaregisteredcapitalof180millionyuan,withHomeinnsandHyattholding51percentand49percentstakesrespectively.Thebrand,tobenamedlater,aimstomeetthedemandofagrowingnumberofyoungtravelersintheupper-andmid-scalesegmentinChina,accordingtoHyatt."ThecombinationofHyatt'sexpertiseinpremiumhospitalitywithourlocalinsightandvastnetworkwillensureourcollaborationwillcreateopportunitiesandbenefitsforChinesetravelersaswellastheoverallhospitalityindustry,"saidDavidSun,chiefexecutiveofficerofHomeinnsHotelGroup."ThiscollaborationisexpectedtoprovideHyattwithdeepChinainsights,buildbrandawarenessandgrowloyaltywithanewsetoftravelers,"saidStephenHo,presidentforChina,GlobalOperationswithHyatt.ThejointventureisexpectedtounveilhotelsunderthenewbrandacrosscitiessuchasShanghai,Beijing,GuangzhouandShenzheninthenextfiveyears.Thebrandwillbemanagedindependently.BTGHomeinnsHotelsGroupoperatesoneofChina'slargestandfastestgrowingeconomyhotelchains,withabout3,900hotelsinmorethan400cities.Ithasabout600mid-scalehotelsacrossChina.

  Hyatt, Homeinns to set up JV to tap Chinese market#标题分割#HyattHotelsCorpandBeijing-basedBTGHotels(Group)CoLtdannouncedTuesdaythataffiliatesofHyatt,andHomeinnsHotelGroupofBTGHotels,hadenteredastrategicpartnershiptosetupajointventureandcreateanewhospitalitybrand.Thejointventurehasatotalinvestmentof500millionyuan(US.8million)andaregisteredcapitalof180millionyuan,withHomeinnsandHyattholding51percentand49percentstakesrespectively.Thebrand,tobenamedlater,aimstomeetthedemandofagrowingnumberofyoungtravelersintheupper-andmid-scalesegmentinChina,accordingtoHyatt."ThecombinationofHyatt'sexpertiseinpremiumhospitalitywithourlocalinsightandvastnetworkwillensureourcollaborationwillcreateopportunitiesandbenefitsforChinesetravelersaswellastheoverallhospitalityindustry,"saidDavidSun,chiefexecutiveofficerofHomeinnsHotelGroup."ThiscollaborationisexpectedtoprovideHyattwithdeepChinainsights,buildbrandawarenessandgrowloyaltywithanewsetoftravelers,"saidStephenHo,presidentforChina,GlobalOperationswithHyatt.ThejointventureisexpectedtounveilhotelsunderthenewbrandacrosscitiessuchasShanghai,Beijing,GuangzhouandShenzheninthenextfiveyears.Thebrandwillbemanagedindependently.BTGHomeinnsHotelsGroupoperatesoneofChina'slargestandfastestgrowingeconomyhotelchains,withabout3,900hotelsinmorethan400cities.Ithasabout600mid-scalehotelsacrossChina.Hyatt, Homeinns to set up JV to tap Chinese market#标题分割#HyattHotelsCorpandBeijing-basedBTGHotels(Group)CoLtdannouncedTuesdaythataffiliatesofHyatt,andHomeinnsHotelGroupofBTGHotels,hadenteredastrategicpartnershiptosetupajointventureandcreateanewhospitalitybrand.Thejointventurehasatotalinvestmentof500millionyuan(US.8million)andaregisteredcapitalof180millionyuan,withHomeinnsandHyattholding51percentand49percentstakesrespectively.Thebrand,tobenamedlater,aimstomeetthedemandofagrowingnumberofyoungtravelersintheupper-andmid-scalesegmentinChina,accordingtoHyatt."ThecombinationofHyatt'sexpertiseinpremiumhospitalitywithourlocalinsightandvastnetworkwillensureourcollaborationwillcreateopportunitiesandbenefitsforChinesetravelersaswellastheoverallhospitalityindustry,"saidDavidSun,chiefexecutiveofficerofHomeinnsHotelGroup."ThiscollaborationisexpectedtoprovideHyattwithdeepChinainsights,buildbrandawarenessandgrowloyaltywithanewsetoftravelers,"saidStephenHo,presidentforChina,GlobalOperationswithHyatt.ThejointventureisexpectedtounveilhotelsunderthenewbrandacrosscitiessuchasShanghai,Beijing,GuangzhouandShenzheninthenextfiveyears.Thebrandwillbemanagedindependently.BTGHomeinnsHotelsGroupoperatesoneofChina'slargestandfastestgrowingeconomyhotelchains,withabout3,900hotelsinmorethan400cities.Ithasabout600mid-scalehotelsacrossChina.Hyatt, Homeinns to set up JV to tap Chinese market#标题分割#HyattHotelsCorpandBeijing-basedBTGHotels(Group)CoLtdannouncedTuesdaythataffiliatesofHyatt,andHomeinnsHotelGroupofBTGHotels,hadenteredastrategicpartnershiptosetupajointventureandcreateanewhospitalitybrand.Thejointventurehasatotalinvestmentof500millionyuan(US.8million)andaregisteredcapitalof180millionyuan,withHomeinnsandHyattholding51percentand49percentstakesrespectively.Thebrand,tobenamedlater,aimstomeetthedemandofagrowingnumberofyoungtravelersintheupper-andmid-scalesegmentinChina,accordingtoHyatt."ThecombinationofHyatt'sexpertiseinpremiumhospitalitywithourlocalinsightandvastnetworkwillensureourcollaborationwillcreateopportunitiesandbenefitsforChinesetravelersaswellastheoverallhospitalityindustry,"saidDavidSun,chiefexecutiveofficerofHomeinnsHotelGroup."ThiscollaborationisexpectedtoprovideHyattwithdeepChinainsights,buildbrandawarenessandgrowloyaltywithanewsetoftravelers,"saidStephenHo,presidentforChina,GlobalOperationswithHyatt.ThejointventureisexpectedtounveilhotelsunderthenewbrandacrosscitiessuchasShanghai,Beijing,GuangzhouandShenzheninthenextfiveyears.Thebrandwillbemanagedindependently.BTGHomeinnsHotelsGroupoperatesoneofChina'slargestandfastestgrowingeconomyhotelchains,withabout3,900hotelsinmorethan400cities.Ithasabout600mid-scalehotelsacrossChina.

  Hyatt, Homeinns to set up JV to tap Chinese market#标题分割#HyattHotelsCorpandBeijing-basedBTGHotels(Group)CoLtdannouncedTuesdaythataffiliatesofHyatt,andHomeinnsHotelGroupofBTGHotels,hadenteredastrategicpartnershiptosetupajointventureandcreateanewhospitalitybrand.Thejointventurehasatotalinvestmentof500millionyuan(US.8million)andaregisteredcapitalof180millionyuan,withHomeinnsandHyattholding51percentand49percentstakesrespectively.Thebrand,tobenamedlater,aimstomeetthedemandofagrowingnumberofyoungtravelersintheupper-andmid-scalesegmentinChina,accordingtoHyatt."ThecombinationofHyatt'sexpertiseinpremiumhospitalitywithourlocalinsightandvastnetworkwillensureourcollaborationwillcreateopportunitiesandbenefitsforChinesetravelersaswellastheoverallhospitalityindustry,"saidDavidSun,chiefexecutiveofficerofHomeinnsHotelGroup."ThiscollaborationisexpectedtoprovideHyattwithdeepChinainsights,buildbrandawarenessandgrowloyaltywithanewsetoftravelers,"saidStephenHo,presidentforChina,GlobalOperationswithHyatt.ThejointventureisexpectedtounveilhotelsunderthenewbrandacrosscitiessuchasShanghai,Beijing,GuangzhouandShenzheninthenextfiveyears.Thebrandwillbemanagedindependently.BTGHomeinnsHotelsGroupoperatesoneofChina'slargestandfastestgrowingeconomyhotelchains,withabout3,900hotelsinmorethan400cities.Ithasabout600mid-scalehotelsacrossChina.Hyatt, Homeinns to set up JV to tap Chinese market#标题分割#HyattHotelsCorpandBeijing-basedBTGHotels(Group)CoLtdannouncedTuesdaythataffiliatesofHyatt,andHomeinnsHotelGroupofBTGHotels,hadenteredastrategicpartnershiptosetupajointventureandcreateanewhospitalitybrand.Thejointventurehasatotalinvestmentof500millionyuan(US.8million)andaregisteredcapitalof180millionyuan,withHomeinnsandHyattholding51percentand49percentstakesrespectively.Thebrand,tobenamedlater,aimstomeetthedemandofagrowingnumberofyoungtravelersintheupper-andmid-scalesegmentinChina,accordingtoHyatt."ThecombinationofHyatt'sexpertiseinpremiumhospitalitywithourlocalinsightandvastnetworkwillensureourcollaborationwillcreateopportunitiesandbenefitsforChinesetravelersaswellastheoverallhospitalityindustry,"saidDavidSun,chiefexecutiveofficerofHomeinnsHotelGroup."ThiscollaborationisexpectedtoprovideHyattwithdeepChinainsights,buildbrandawarenessandgrowloyaltywithanewsetoftravelers,"saidStephenHo,presidentforChina,GlobalOperationswithHyatt.ThejointventureisexpectedtounveilhotelsunderthenewbrandacrosscitiessuchasShanghai,Beijing,GuangzhouandShenzheninthenextfiveyears.Thebrandwillbemanagedindependently.BTGHomeinnsHotelsGroupoperatesoneofChina'slargestandfastestgrowingeconomyhotelchains,withabout3,900hotelsinmorethan400cities.Ithasabout600mid-scalehotelsacrossChina.Hyatt, Homeinns to set up JV to tap Chinese market#标题分割#HyattHotelsCorpandBeijing-basedBTGHotels(Group)CoLtdannouncedTuesdaythataffiliatesofHyatt,andHomeinnsHotelGroupofBTGHotels,hadenteredastrategicpartnershiptosetupajointventureandcreateanewhospitalitybrand.Thejointventurehasatotalinvestmentof500millionyuan(US.8million)andaregisteredcapitalof180millionyuan,withHomeinnsandHyattholding51percentand49percentstakesrespectively.Thebrand,tobenamedlater,aimstomeetthedemandofagrowingnumberofyoungtravelersintheupper-andmid-scalesegmentinChina,accordingtoHyatt."ThecombinationofHyatt'sexpertiseinpremiumhospitalitywithourlocalinsightandvastnetworkwillensureourcollaborationwillcreateopportunitiesandbenefitsforChinesetravelersaswellastheoverallhospitalityindustry,"saidDavidSun,chiefexecutiveofficerofHomeinnsHotelGroup."ThiscollaborationisexpectedtoprovideHyattwithdeepChinainsights,buildbrandawarenessandgrowloyaltywithanewsetoftravelers,"saidStephenHo,presidentforChina,GlobalOperationswithHyatt.ThejointventureisexpectedtounveilhotelsunderthenewbrandacrosscitiessuchasShanghai,Beijing,GuangzhouandShenzheninthenextfiveyears.Thebrandwillbemanagedindependently.BTGHomeinnsHotelsGroupoperatesoneofChina'slargestandfastestgrowingeconomyhotelchains,withabout3,900hotelsinmorethan400cities.Ithasabout600mid-scalehotelsacrossChina.

  Hyatt, Homeinns to set up JV to tap Chinese market#标题分割#HyattHotelsCorpandBeijing-basedBTGHotels(Group)CoLtdannouncedTuesdaythataffiliatesofHyatt,andHomeinnsHotelGroupofBTGHotels,hadenteredastrategicpartnershiptosetupajointventureandcreateanewhospitalitybrand.Thejointventurehasatotalinvestmentof500millionyuan(US.8million)andaregisteredcapitalof180millionyuan,withHomeinnsandHyattholding51percentand49percentstakesrespectively.Thebrand,tobenamedlater,aimstomeetthedemandofagrowingnumberofyoungtravelersintheupper-andmid-scalesegmentinChina,accordingtoHyatt."ThecombinationofHyatt'sexpertiseinpremiumhospitalitywithourlocalinsightandvastnetworkwillensureourcollaborationwillcreateopportunitiesandbenefitsforChinesetravelersaswellastheoverallhospitalityindustry,"saidDavidSun,chiefexecutiveofficerofHomeinnsHotelGroup."ThiscollaborationisexpectedtoprovideHyattwithdeepChinainsights,buildbrandawarenessandgrowloyaltywithanewsetoftravelers,"saidStephenHo,presidentforChina,GlobalOperationswithHyatt.ThejointventureisexpectedtounveilhotelsunderthenewbrandacrosscitiessuchasShanghai,Beijing,GuangzhouandShenzheninthenextfiveyears.Thebrandwillbemanagedindependently.BTGHomeinnsHotelsGroupoperatesoneofChina'slargestandfastestgrowingeconomyhotelchains,withabout3,900hotelsinmorethan400cities.Ithasabout600mid-scalehotelsacrossChina.Hyatt, Homeinns to set up JV to tap Chinese market#标题分割#HyattHotelsCorpandBeijing-basedBTGHotels(Group)CoLtdannouncedTuesdaythataffiliatesofHyatt,andHomeinnsHotelGroupofBTGHotels,hadenteredastrategicpartnershiptosetupajointventureandcreateanewhospitalitybrand.Thejointventurehasatotalinvestmentof500millionyuan(US.8million)andaregisteredcapitalof180millionyuan,withHomeinnsandHyattholding51percentand49percentstakesrespectively.Thebrand,tobenamedlater,aimstomeetthedemandofagrowingnumberofyoungtravelersintheupper-andmid-scalesegmentinChina,accordingtoHyatt."ThecombinationofHyatt'sexpertiseinpremiumhospitalitywithourlocalinsightandvastnetworkwillensureourcollaborationwillcreateopportunitiesandbenefitsforChinesetravelersaswellastheoverallhospitalityindustry,"saidDavidSun,chiefexecutiveofficerofHomeinnsHotelGroup."ThiscollaborationisexpectedtoprovideHyattwithdeepChinainsights,buildbrandawarenessandgrowloyaltywithanewsetoftravelers,"saidStephenHo,presidentforChina,GlobalOperationswithHyatt.ThejointventureisexpectedtounveilhotelsunderthenewbrandacrosscitiessuchasShanghai,Beijing,GuangzhouandShenzheninthenextfiveyears.Thebrandwillbemanagedindependently.BTGHomeinnsHotelsGroupoperatesoneofChina'slargestandfastestgrowingeconomyhotelchains,withabout3,900hotelsinmorethan400cities.Ithasabout600mid-scalehotelsacrossChina.Hyatt, Homeinns to set up JV to tap Chinese market#标题分割#HyattHotelsCorpandBeijing-basedBTGHotels(Group)CoLtdannouncedTuesdaythataffiliatesofHyatt,andHomeinnsHotelGroupofBTGHotels,hadenteredastrategicpartnershiptosetupajointventureandcreateanewhospitalitybrand.Thejointventurehasatotalinvestmentof500millionyuan(US.8million)andaregisteredcapitalof180millionyuan,withHomeinnsandHyattholding51percentand49percentstakesrespectively.Thebrand,tobenamedlater,aimstomeetthedemandofagrowingnumberofyoungtravelersintheupper-andmid-scalesegmentinChina,accordingtoHyatt."ThecombinationofHyatt'sexpertiseinpremiumhospitalitywithourlocalinsightandvastnetworkwillensureourcollaborationwillcreateopportunitiesandbenefitsforChinesetravelersaswellastheoverallhospitalityindustry,"saidDavidSun,chiefexecutiveofficerofHomeinnsHotelGroup."ThiscollaborationisexpectedtoprovideHyattwithdeepChinainsights,buildbrandawarenessandgrowloyaltywithanewsetoftravelers,"saidStephenHo,presidentforChina,GlobalOperationswithHyatt.ThejointventureisexpectedtounveilhotelsunderthenewbrandacrosscitiessuchasShanghai,Beijing,GuangzhouandShenzheninthenextfiveyears.Thebrandwillbemanagedindependently.BTGHomeinnsHotelsGroupoperatesoneofChina'slargestandfastestgrowingeconomyhotelchains,withabout3,900hotelsinmorethan400cities.Ithasabout600mid-scalehotelsacrossChina.

  Hyatt, Homeinns to set up JV to tap Chinese market#标题分割#HyattHotelsCorpandBeijing-basedBTGHotels(Group)CoLtdannouncedTuesdaythataffiliatesofHyatt,andHomeinnsHotelGroupofBTGHotels,hadenteredastrategicpartnershiptosetupajointventureandcreateanewhospitalitybrand.Thejointventurehasatotalinvestmentof500millionyuan(US.8million)andaregisteredcapitalof180millionyuan,withHomeinnsandHyattholding51percentand49percentstakesrespectively.Thebrand,tobenamedlater,aimstomeetthedemandofagrowingnumberofyoungtravelersintheupper-andmid-scalesegmentinChina,accordingtoHyatt."ThecombinationofHyatt'sexpertiseinpremiumhospitalitywithourlocalinsightandvastnetworkwillensureourcollaborationwillcreateopportunitiesandbenefitsforChinesetravelersaswellastheoverallhospitalityindustry,"saidDavidSun,chiefexecutiveofficerofHomeinnsHotelGroup."ThiscollaborationisexpectedtoprovideHyattwithdeepChinainsights,buildbrandawarenessandgrowloyaltywithanewsetoftravelers,"saidStephenHo,presidentforChina,GlobalOperationswithHyatt.ThejointventureisexpectedtounveilhotelsunderthenewbrandacrosscitiessuchasShanghai,Beijing,GuangzhouandShenzheninthenextfiveyears.Thebrandwillbemanagedindependently.BTGHomeinnsHotelsGroupoperatesoneofChina'slargestandfastestgrowingeconomyhotelchains,withabout3,900hotelsinmorethan400cities.Ithasabout600mid-scalehotelsacrossChina.Hyatt, Homeinns to set up JV to tap Chinese market#标题分割#HyattHotelsCorpandBeijing-basedBTGHotels(Group)CoLtdannouncedTuesdaythataffiliatesofHyatt,andHomeinnsHotelGroupofBTGHotels,hadenteredastrategicpartnershiptosetupajointventureandcreateanewhospitalitybrand.Thejointventurehasatotalinvestmentof500millionyuan(US.8million)andaregisteredcapitalof180millionyuan,withHomeinnsandHyattholding51percentand49percentstakesrespectively.Thebrand,tobenamedlater,aimstomeetthedemandofagrowingnumberofyoungtravelersintheupper-andmid-scalesegmentinChina,accordingtoHyatt."ThecombinationofHyatt'sexpertiseinpremiumhospitalitywithourlocalinsightandvastnetworkwillensureourcollaborationwillcreateopportunitiesandbenefitsforChinesetravelersaswellastheoverallhospitalityindustry,"saidDavidSun,chiefexecutiveofficerofHomeinnsHotelGroup."ThiscollaborationisexpectedtoprovideHyattwithdeepChinainsights,buildbrandawarenessandgrowloyaltywithanewsetoftravelers,"saidStephenHo,presidentforChina,GlobalOperationswithHyatt.ThejointventureisexpectedtounveilhotelsunderthenewbrandacrosscitiessuchasShanghai,Beijing,GuangzhouandShenzheninthenextfiveyears.Thebrandwillbemanagedindependently.BTGHomeinnsHotelsGroupoperatesoneofChina'slargestandfastestgrowingeconomyhotelchains,withabout3,900hotelsinmorethan400cities.Ithasabout600mid-scalehotelsacrossChina.Hyatt, Homeinns to set up JV to tap Chinese market#标题分割#HyattHotelsCorpandBeijing-basedBTGHotels(Group)CoLtdannouncedTuesdaythataffiliatesofHyatt,andHomeinnsHotelGroupofBTGHotels,hadenteredastrategicpartnershiptosetupajointventureandcreateanewhospitalitybrand.Thejointventurehasatotalinvestmentof500millionyuan(US.8million)andaregisteredcapitalof180millionyuan,withHomeinnsandHyattholding51percentand49percentstakesrespectively.Thebrand,tobenamedlater,aimstomeetthedemandofagrowingnumberofyoungtravelersintheupper-andmid-scalesegmentinChina,accordingtoHyatt."ThecombinationofHyatt'sexpertiseinpremiumhospitalitywithourlocalinsightandvastnetworkwillensureourcollaborationwillcreateopportunitiesandbenefitsforChinesetravelersaswellastheoverallhospitalityindustry,"saidDavidSun,chiefexecutiveofficerofHomeinnsHotelGroup."ThiscollaborationisexpectedtoprovideHyattwithdeepChinainsights,buildbrandawarenessandgrowloyaltywithanewsetoftravelers,"saidStephenHo,presidentforChina,GlobalOperationswithHyatt.ThejointventureisexpectedtounveilhotelsunderthenewbrandacrosscitiessuchasShanghai,Beijing,GuangzhouandShenzheninthenextfiveyears.Thebrandwillbemanagedindependently.BTGHomeinnsHotelsGroupoperatesoneofChina'slargestandfastestgrowingeconomyhotelchains,withabout3,900hotelsinmorethan400cities.Ithasabout600mid-scalehotelsacrossChina.

  Hyatt, Homeinns to set up JV to tap Chinese market#标题分割#HyattHotelsCorpandBeijing-basedBTGHotels(Group)CoLtdannouncedTuesdaythataffiliatesofHyatt,andHomeinnsHotelGroupofBTGHotels,hadenteredastrategicpartnershiptosetupajointventureandcreateanewhospitalitybrand.Thejointventurehasatotalinvestmentof500millionyuan(US.8million)andaregisteredcapitalof180millionyuan,withHomeinnsandHyattholding51percentand49percentstakesrespectively.Thebrand,tobenamedlater,aimstomeetthedemandofagrowingnumberofyoungtravelersintheupper-andmid-scalesegmentinChina,accordingtoHyatt."ThecombinationofHyatt'sexpertiseinpremiumhospitalitywithourlocalinsightandvastnetworkwillensureourcollaborationwillcreateopportunitiesandbenefitsforChinesetravelersaswellastheoverallhospitalityindustry,"saidDavidSun,chiefexecutiveofficerofHomeinnsHotelGroup."ThiscollaborationisexpectedtoprovideHyattwithdeepChinainsights,buildbrandawarenessandgrowloyaltywithanewsetoftravelers,"saidStephenHo,presidentforChina,GlobalOperationswithHyatt.ThejointventureisexpectedtounveilhotelsunderthenewbrandacrosscitiessuchasShanghai,Beijing,GuangzhouandShenzheninthenextfiveyears.Thebrandwillbemanagedindependently.BTGHomeinnsHotelsGroupoperatesoneofChina'slargestandfastestgrowingeconomyhotelchains,withabout3,900hotelsinmorethan400cities.Ithasabout600mid-scalehotelsacrossChina.Hyatt, Homeinns to set up JV to tap Chinese market#标题分割#HyattHotelsCorpandBeijing-basedBTGHotels(Group)CoLtdannouncedTuesdaythataffiliatesofHyatt,andHomeinnsHotelGroupofBTGHotels,hadenteredastrategicpartnershiptosetupajointventureandcreateanewhospitalitybrand.Thejointventurehasatotalinvestmentof500millionyuan(US.8million)andaregisteredcapitalof180millionyuan,withHomeinnsandHyattholding51percentand49percentstakesrespectively.Thebrand,tobenamedlater,aimstomeetthedemandofagrowingnumberofyoungtravelersintheupper-andmid-scalesegmentinChina,accordingtoHyatt."ThecombinationofHyatt'sexpertiseinpremiumhospitalitywithourlocalinsightandvastnetworkwillensureourcollaborationwillcreateopportunitiesandbenefitsforChinesetravelersaswellastheoverallhospitalityindustry,"saidDavidSun,chiefexecutiveofficerofHomeinnsHotelGroup."ThiscollaborationisexpectedtoprovideHyattwithdeepChinainsights,buildbrandawarenessandgrowloyaltywithanewsetoftravelers,"saidStephenHo,presidentforChina,GlobalOperationswithHyatt.ThejointventureisexpectedtounveilhotelsunderthenewbrandacrosscitiessuchasShanghai,Beijing,GuangzhouandShenzheninthenextfiveyears.Thebrandwillbemanagedindependently.BTGHomeinnsHotelsGroupoperatesoneofChina'slargestandfastestgrowingeconomyhotelchains,withabout3,900hotelsinmorethan400cities.Ithasabout600mid-scalehotelsacrossChina.Hyatt, Homeinns to set up JV to tap Chinese market#标题分割#HyattHotelsCorpandBeijing-basedBTGHotels(Group)CoLtdannouncedTuesdaythataffiliatesofHyatt,andHomeinnsHotelGroupofBTGHotels,hadenteredastrategicpartnershiptosetupajointventureandcreateanewhospitalitybrand.Thejointventurehasatotalinvestmentof500millionyuan(US.8million)andaregisteredcapitalof180millionyuan,withHomeinnsandHyattholding51percentand49percentstakesrespectively.Thebrand,tobenamedlater,aimstomeetthedemandofagrowingnumberofyoungtravelersintheupper-andmid-scalesegmentinChina,accordingtoHyatt."ThecombinationofHyatt'sexpertiseinpremiumhospitalitywithourlocalinsightandvastnetworkwillensureourcollaborationwillcreateopportunitiesandbenefitsforChinesetravelersaswellastheoverallhospitalityindustry,"saidDavidSun,chiefexecutiveofficerofHomeinnsHotelGroup."ThiscollaborationisexpectedtoprovideHyattwithdeepChinainsights,buildbrandawarenessandgrowloyaltywithanewsetoftravelers,"saidStephenHo,presidentforChina,GlobalOperationswithHyatt.ThejointventureisexpectedtounveilhotelsunderthenewbrandacrosscitiessuchasShanghai,Beijing,GuangzhouandShenzheninthenextfiveyears.Thebrandwillbemanagedindependently.BTGHomeinnsHotelsGroupoperatesoneofChina'slargestandfastestgrowingeconomyhotelchains,withabout3,900hotelsinmorethan400cities.Ithasabout600mid-scalehotelsacrossChina.

  Hyatt, Homeinns to set up JV to tap Chinese market#标题分割#HyattHotelsCorpandBeijing-basedBTGHotels(Group)CoLtdannouncedTuesdaythataffiliatesofHyatt,andHomeinnsHotelGroupofBTGHotels,hadenteredastrategicpartnershiptosetupajointventureandcreateanewhospitalitybrand.Thejointventurehasatotalinvestmentof500millionyuan(US.8million)andaregisteredcapitalof180millionyuan,withHomeinnsandHyattholding51percentand49percentstakesrespectively.Thebrand,tobenamedlater,aimstomeetthedemandofagrowingnumberofyoungtravelersintheupper-andmid-scalesegmentinChina,accordingtoHyatt."ThecombinationofHyatt'sexpertiseinpremiumhospitalitywithourlocalinsightandvastnetworkwillensureourcollaborationwillcreateopportunitiesandbenefitsforChinesetravelersaswellastheoverallhospitalityindustry,"saidDavidSun,chiefexecutiveofficerofHomeinnsHotelGroup."ThiscollaborationisexpectedtoprovideHyattwithdeepChinainsights,buildbrandawarenessandgrowloyaltywithanewsetoftravelers,"saidStephenHo,presidentforChina,GlobalOperationswithHyatt.ThejointventureisexpectedtounveilhotelsunderthenewbrandacrosscitiessuchasShanghai,Beijing,GuangzhouandShenzheninthenextfiveyears.Thebrandwillbemanagedindependently.BTGHomeinnsHotelsGroupoperatesoneofChina'slargestandfastestgrowingeconomyhotelchains,withabout3,900hotelsinmorethan400cities.Ithasabout600mid-scalehotelsacrossChina.Hyatt, Homeinns to set up JV to tap Chinese market#标题分割#HyattHotelsCorpandBeijing-basedBTGHotels(Group)CoLtdannouncedTuesdaythataffiliatesofHyatt,andHomeinnsHotelGroupofBTGHotels,hadenteredastrategicpartnershiptosetupajointventureandcreateanewhospitalitybrand.Thejointventurehasatotalinvestmentof500millionyuan(US.8million)andaregisteredcapitalof180millionyuan,withHomeinnsandHyattholding51percentand49percentstakesrespectively.Thebrand,tobenamedlater,aimstomeetthedemandofagrowingnumberofyoungtravelersintheupper-andmid-scalesegmentinChina,accordingtoHyatt."ThecombinationofHyatt'sexpertiseinpremiumhospitalitywithourlocalinsightandvastnetworkwillensureourcollaborationwillcreateopportunitiesandbenefitsforChinesetravelersaswellastheoverallhospitalityindustry,"saidDavidSun,chiefexecutiveofficerofHomeinnsHotelGroup."ThiscollaborationisexpectedtoprovideHyattwithdeepChinainsights,buildbrandawarenessandgrowloyaltywithanewsetoftravelers,"saidStephenHo,presidentforChina,GlobalOperationswithHyatt.ThejointventureisexpectedtounveilhotelsunderthenewbrandacrosscitiessuchasShanghai,Beijing,GuangzhouandShenzheninthenextfiveyears.Thebrandwillbemanagedindependently.BTGHomeinnsHotelsGroupoperatesoneofChina'slargestandfastestgrowingeconomyhotelchains,withabout3,900hotelsinmorethan400cities.Ithasabout600mid-scalehotelsacrossChina.Hyatt, Homeinns to set up JV to tap Chinese market#标题分割#HyattHotelsCorpandBeijing-basedBTGHotels(Group)CoLtdannouncedTuesdaythataffiliatesofHyatt,andHomeinnsHotelGroupofBTGHotels,hadenteredastrategicpartnershiptosetupajointventureandcreateanewhospitalitybrand.Thejointventurehasatotalinvestmentof500millionyuan(US.8million)andaregisteredcapitalof180millionyuan,withHomeinnsandHyattholding51percentand49percentstakesrespectively.Thebrand,tobenamedlater,aimstomeetthedemandofagrowingnumberofyoungtravelersintheupper-andmid-scalesegmentinChina,accordingtoHyatt."ThecombinationofHyatt'sexpertiseinpremiumhospitalitywithourlocalinsightandvastnetworkwillensureourcollaborationwillcreateopportunitiesandbenefitsforChinesetravelersaswellastheoverallhospitalityindustry,"saidDavidSun,chiefexecutiveofficerofHomeinnsHotelGroup."ThiscollaborationisexpectedtoprovideHyattwithdeepChinainsights,buildbrandawarenessandgrowloyaltywithanewsetoftravelers,"saidStephenHo,presidentforChina,GlobalOperationswithHyatt.ThejointventureisexpectedtounveilhotelsunderthenewbrandacrosscitiessuchasShanghai,Beijing,GuangzhouandShenzheninthenextfiveyears.Thebrandwillbemanagedindependently.BTGHomeinnsHotelsGroupoperatesoneofChina'slargestandfastestgrowingeconomyhotelchains,withabout3,900hotelsinmorethan400cities.Ithasabout600mid-scalehotelsacrossChina.

  Hyatt, Homeinns to set up JV to tap Chinese market#标题分割#HyattHotelsCorpandBeijing-basedBTGHotels(Group)CoLtdannouncedTuesdaythataffiliatesofHyatt,andHomeinnsHotelGroupofBTGHotels,hadenteredastrategicpartnershiptosetupajointventureandcreateanewhospitalitybrand.Thejointventurehasatotalinvestmentof500millionyuan(US.8million)andaregisteredcapitalof180millionyuan,withHomeinnsandHyattholding51percentand49percentstakesrespectively.Thebrand,tobenamedlater,aimstomeetthedemandofagrowingnumberofyoungtravelersintheupper-andmid-scalesegmentinChina,accordingtoHyatt."ThecombinationofHyatt'sexpertiseinpremiumhospitalitywithourlocalinsightandvastnetworkwillensureourcollaborationwillcreateopportunitiesandbenefitsforChinesetravelersaswellastheoverallhospitalityindustry,"saidDavidSun,chiefexecutiveofficerofHomeinnsHotelGroup."ThiscollaborationisexpectedtoprovideHyattwithdeepChinainsights,buildbrandawarenessandgrowloyaltywithanewsetoftravelers,"saidStephenHo,presidentforChina,GlobalOperationswithHyatt.ThejointventureisexpectedtounveilhotelsunderthenewbrandacrosscitiessuchasShanghai,Beijing,GuangzhouandShenzheninthenextfiveyears.Thebrandwillbemanagedindependently.BTGHomeinnsHotelsGroupoperatesoneofChina'slargestandfastestgrowingeconomyhotelchains,withabout3,900hotelsinmorethan400cities.Ithasabout600mid-scalehotelsacrossChina.Hyatt, Homeinns to set up JV to tap Chinese market#标题分割#HyattHotelsCorpandBeijing-basedBTGHotels(Group)CoLtdannouncedTuesdaythataffiliatesofHyatt,andHomeinnsHotelGroupofBTGHotels,hadenteredastrategicpartnershiptosetupajointventureandcreateanewhospitalitybrand.Thejointventurehasatotalinvestmentof500millionyuan(US.8million)andaregisteredcapitalof180millionyuan,withHomeinnsandHyattholding51percentand49percentstakesrespectively.Thebrand,tobenamedlater,aimstomeetthedemandofagrowingnumberofyoungtravelersintheupper-andmid-scalesegmentinChina,accordingtoHyatt."ThecombinationofHyatt'sexpertiseinpremiumhospitalitywithourlocalinsightandvastnetworkwillensureourcollaborationwillcreateopportunitiesandbenefitsforChinesetravelersaswellastheoverallhospitalityindustry,"saidDavidSun,chiefexecutiveofficerofHomeinnsHotelGroup."ThiscollaborationisexpectedtoprovideHyattwithdeepChinainsights,buildbrandawarenessandgrowloyaltywithanewsetoftravelers,"saidStephenHo,presidentforChina,GlobalOperationswithHyatt.ThejointventureisexpectedtounveilhotelsunderthenewbrandacrosscitiessuchasShanghai,Beijing,GuangzhouandShenzheninthenextfiveyears.Thebrandwillbemanagedindependently.BTGHomeinnsHotelsGroupoperatesoneofChina'slargestandfastestgrowingeconomyhotelchains,withabout3,900hotelsinmorethan400cities.Ithasabout600mid-scalehotelsacrossChina.Hyatt, Homeinns to set up JV to tap Chinese market#标题分割#HyattHotelsCorpandBeijing-basedBTGHotels(Group)CoLtdannouncedTuesdaythataffiliatesofHyatt,andHomeinnsHotelGroupofBTGHotels,hadenteredastrategicpartnershiptosetupajointventureandcreateanewhospitalitybrand.Thejointventurehasatotalinvestmentof500millionyuan(US.8million)andaregisteredcapitalof180millionyuan,withHomeinnsandHyattholding51percentand49percentstakesrespectively.Thebrand,tobenamedlater,aimstomeetthedemandofagrowingnumberofyoungtravelersintheupper-andmid-scalesegmentinChina,accordingtoHyatt."ThecombinationofHyatt'sexpertiseinpremiumhospitalitywithourlocalinsightandvastnetworkwillensureourcollaborationwillcreateopportunitiesandbenefitsforChinesetravelersaswellastheoverallhospitalityindustry,"saidDavidSun,chiefexecutiveofficerofHomeinnsHotelGroup."ThiscollaborationisexpectedtoprovideHyattwithdeepChinainsights,buildbrandawarenessandgrowloyaltywithanewsetoftravelers,"saidStephenHo,presidentforChina,GlobalOperationswithHyatt.ThejointventureisexpectedtounveilhotelsunderthenewbrandacrosscitiessuchasShanghai,Beijing,GuangzhouandShenzheninthenextfiveyears.Thebrandwillbemanagedindependently.BTGHomeinnsHotelsGroupoperatesoneofChina'slargestandfastestgrowingeconomyhotelchains,withabout3,900hotelsinmorethan400cities.Ithasabout600mid-scalehotelsacrossChina.

  Hyatt, Homeinns to set up JV to tap Chinese market#标题分割#HyattHotelsCorpandBeijing-basedBTGHotels(Group)CoLtdannouncedTuesdaythataffiliatesofHyatt,andHomeinnsHotelGroupofBTGHotels,hadenteredastrategicpartnershiptosetupajointventureandcreateanewhospitalitybrand.Thejointventurehasatotalinvestmentof500millionyuan(US.8million)andaregisteredcapitalof180millionyuan,withHomeinnsandHyattholding51percentand49percentstakesrespectively.Thebrand,tobenamedlater,aimstomeetthedemandofagrowingnumberofyoungtravelersintheupper-andmid-scalesegmentinChina,accordingtoHyatt."ThecombinationofHyatt'sexpertiseinpremiumhospitalitywithourlocalinsightandvastnetworkwillensureourcollaborationwillcreateopportunitiesandbenefitsforChinesetravelersaswellastheoverallhospitalityindustry,"saidDavidSun,chiefexecutiveofficerofHomeinnsHotelGroup."ThiscollaborationisexpectedtoprovideHyattwithdeepChinainsights,buildbrandawarenessandgrowloyaltywithanewsetoftravelers,"saidStephenHo,presidentforChina,GlobalOperationswithHyatt.ThejointventureisexpectedtounveilhotelsunderthenewbrandacrosscitiessuchasShanghai,Beijing,GuangzhouandShenzheninthenextfiveyears.Thebrandwillbemanagedindependently.BTGHomeinnsHotelsGroupoperatesoneofChina'slargestandfastestgrowingeconomyhotelchains,withabout3,900hotelsinmorethan400cities.Ithasabout600mid-scalehotelsacrossChina.Hyatt, Homeinns to set up JV to tap Chinese market#标题分割#HyattHotelsCorpandBeijing-basedBTGHotels(Group)CoLtdannouncedTuesdaythataffiliatesofHyatt,andHomeinnsHotelGroupofBTGHotels,hadenteredastrategicpartnershiptosetupajointventureandcreateanewhospitalitybrand.Thejointventurehasatotalinvestmentof500millionyuan(US.8million)andaregisteredcapitalof180millionyuan,withHomeinnsandHyattholding51percentand49percentstakesrespectively.Thebrand,tobenamedlater,aimstomeetthedemandofagrowingnumberofyoungtravelersintheupper-andmid-scalesegmentinChina,accordingtoHyatt."ThecombinationofHyatt'sexpertiseinpremiumhospitalitywithourlocalinsightandvastnetworkwillensureourcollaborationwillcreateopportunitiesandbenefitsforChinesetravelersaswellastheoverallhospitalityindustry,"saidDavidSun,chiefexecutiveofficerofHomeinnsHotelGroup."ThiscollaborationisexpectedtoprovideHyattwithdeepChinainsights,buildbrandawarenessandgrowloyaltywithanewsetoftravelers,"saidStephenHo,presidentforChina,GlobalOperationswithHyatt.ThejointventureisexpectedtounveilhotelsunderthenewbrandacrosscitiessuchasShanghai,Beijing,GuangzhouandShenzheninthenextfiveyears.Thebrandwillbemanagedindependently.BTGHomeinnsHotelsGroupoperatesoneofChina'slargestandfastestgrowingeconomyhotelchains,withabout3,900hotelsinmorethan400cities.Ithasabout600mid-scalehotelsacrossChina.Hyatt, Homeinns to set up JV to tap Chinese market#标题分割#HyattHotelsCorpandBeijing-basedBTGHotels(Group)CoLtdannouncedTuesdaythataffiliatesofHyatt,andHomeinnsHotelGroupofBTGHotels,hadenteredastrategicpartnershiptosetupajointventureandcreateanewhospitalitybrand.Thejointventurehasatotalinvestmentof500millionyuan(US.8million)andaregisteredcapitalof180millionyuan,withHomeinnsandHyattholding51percentand49percentstakesrespectively.Thebrand,tobenamedlater,aimstomeetthedemandofagrowingnumberofyoungtravelersintheupper-andmid-scalesegmentinChina,accordingtoHyatt."ThecombinationofHyatt'sexpertiseinpremiumhospitalitywithourlocalinsightandvastnetworkwillensureourcollaborationwillcreateopportunitiesandbenefitsforChinesetravelersaswellastheoverallhospitalityindustry,"saidDavidSun,chiefexecutiveofficerofHomeinnsHotelGroup."ThiscollaborationisexpectedtoprovideHyattwithdeepChinainsights,buildbrandawarenessandgrowloyaltywithanewsetoftravelers,"saidStephenHo,presidentforChina,GlobalOperationswithHyatt.ThejointventureisexpectedtounveilhotelsunderthenewbrandacrosscitiessuchasShanghai,Beijing,GuangzhouandShenzheninthenextfiveyears.Thebrandwillbemanagedindependently.BTGHomeinnsHotelsGroupoperatesoneofChina'slargestandfastestgrowingeconomyhotelchains,withabout3,900hotelsinmorethan400cities.Ithasabout600mid-scalehotelsacrossChina.

  Hyatt, Homeinns to set up JV to tap Chinese market#标题分割#HyattHotelsCorpandBeijing-basedBTGHotels(Group)CoLtdannouncedTuesdaythataffiliatesofHyatt,andHomeinnsHotelGroupofBTGHotels,hadenteredastrategicpartnershiptosetupajointventureandcreateanewhospitalitybrand.Thejointventurehasatotalinvestmentof500millionyuan(US.8million)andaregisteredcapitalof180millionyuan,withHomeinnsandHyattholding51percentand49percentstakesrespectively.Thebrand,tobenamedlater,aimstomeetthedemandofagrowingnumberofyoungtravelersintheupper-andmid-scalesegmentinChina,accordingtoHyatt."ThecombinationofHyatt'sexpertiseinpremiumhospitalitywithourlocalinsightandvastnetworkwillensureourcollaborationwillcreateopportunitiesandbenefitsforChinesetravelersaswellastheoverallhospitalityindustry,"saidDavidSun,chiefexecutiveofficerofHomeinnsHotelGroup."ThiscollaborationisexpectedtoprovideHyattwithdeepChinainsights,buildbrandawarenessandgrowloyaltywithanewsetoftravelers,"saidStephenHo,presidentforChina,GlobalOperationswithHyatt.ThejointventureisexpectedtounveilhotelsunderthenewbrandacrosscitiessuchasShanghai,Beijing,GuangzhouandShenzheninthenextfiveyears.Thebrandwillbemanagedindependently.BTGHomeinnsHotelsGroupoperatesoneofChina'slargestandfastestgrowingeconomyhotelchains,withabout3,900hotelsinmorethan400cities.Ithasabout600mid-scalehotelsacrossChina.Hyatt, Homeinns to set up JV to tap Chinese market#标题分割#HyattHotelsCorpandBeijing-basedBTGHotels(Group)CoLtdannouncedTuesdaythataffiliatesofHyatt,andHomeinnsHotelGroupofBTGHotels,hadenteredastrategicpartnershiptosetupajointventureandcreateanewhospitalitybrand.Thejointventurehasatotalinvestmentof500millionyuan(US.8million)andaregisteredcapitalof180millionyuan,withHomeinnsandHyattholding51percentand49percentstakesrespectively.Thebrand,tobenamedlater,aimstomeetthedemandofagrowingnumberofyoungtravelersintheupper-andmid-scalesegmentinChina,accordingtoHyatt."ThecombinationofHyatt'sexpertiseinpremiumhospitalitywithourlocalinsightandvastnetworkwillensureourcollaborationwillcreateopportunitiesandbenefitsforChinesetravelersaswellastheoverallhospitalityindustry,"saidDavidSun,chiefexecutiveofficerofHomeinnsHotelGroup."ThiscollaborationisexpectedtoprovideHyattwithdeepChinainsights,buildbrandawarenessandgrowloyaltywithanewsetoftravelers,"saidStephenHo,presidentforChina,GlobalOperationswithHyatt.ThejointventureisexpectedtounveilhotelsunderthenewbrandacrosscitiessuchasShanghai,Beijing,GuangzhouandShenzheninthenextfiveyears.Thebrandwillbemanagedindependently.BTGHomeinnsHotelsGroupoperatesoneofChina'slargestandfastestgrowingeconomyhotelchains,withabout3,900hotelsinmorethan400cities.Ithasabout600mid-scalehotelsacrossChina.Hyatt, Homeinns to set up JV to tap Chinese market#标题分割#HyattHotelsCorpandBeijing-basedBTGHotels(Group)CoLtdannouncedTuesdaythataffiliatesofHyatt,andHomeinnsHotelGroupofBTGHotels,hadenteredastrategicpartnershiptosetupajointventureandcreateanewhospitalitybrand.Thejointventurehasatotalinvestmentof500millionyuan(US.8million)andaregisteredcapitalof180millionyuan,withHomeinnsandHyattholding51percentand49percentstakesrespectively.Thebrand,tobenamedlater,aimstomeetthedemandofagrowingnumberofyoungtravelersintheupper-andmid-scalesegmentinChina,accordingtoHyatt."ThecombinationofHyatt'sexpertiseinpremiumhospitalitywithourlocalinsightandvastnetworkwillensureourcollaborationwillcreateopportunitiesandbenefitsforChinesetravelersaswellastheoverallhospitalityindustry,"saidDavidSun,chiefexecutiveofficerofHomeinnsHotelGroup."ThiscollaborationisexpectedtoprovideHyattwithdeepChinainsights,buildbrandawarenessandgrowloyaltywithanewsetoftravelers,"saidStephenHo,presidentforChina,GlobalOperationswithHyatt.ThejointventureisexpectedtounveilhotelsunderthenewbrandacrosscitiessuchasShanghai,Beijing,GuangzhouandShenzheninthenextfiveyears.Thebrandwillbemanagedindependently.BTGHomeinnsHotelsGroupoperatesoneofChina'slargestandfastestgrowingeconomyhotelchains,withabout3,900hotelsinmorethan400cities.Ithasabout600mid-scalehotelsacrossChina.

  Hyatt, Homeinns to set up JV to tap Chinese market#标题分割#HyattHotelsCorpandBeijing-basedBTGHotels(Group)CoLtdannouncedTuesdaythataffiliatesofHyatt,andHomeinnsHotelGroupofBTGHotels,hadenteredastrategicpartnershiptosetupajointventureandcreateanewhospitalitybrand.Thejointventurehasatotalinvestmentof500millionyuan(US.8million)andaregisteredcapitalof180millionyuan,withHomeinnsandHyattholding51percentand49percentstakesrespectively.Thebrand,tobenamedlater,aimstomeetthedemandofagrowingnumberofyoungtravelersintheupper-andmid-scalesegmentinChina,accordingtoHyatt."ThecombinationofHyatt'sexpertiseinpremiumhospitalitywithourlocalinsightandvastnetworkwillensureourcollaborationwillcreateopportunitiesandbenefitsforChinesetravelersaswellastheoverallhospitalityindustry,"saidDavidSun,chiefexecutiveofficerofHomeinnsHotelGroup."ThiscollaborationisexpectedtoprovideHyattwithdeepChinainsights,buildbrandawarenessandgrowloyaltywithanewsetoftravelers,"saidStephenHo,presidentforChina,GlobalOperationswithHyatt.ThejointventureisexpectedtounveilhotelsunderthenewbrandacrosscitiessuchasShanghai,Beijing,GuangzhouandShenzheninthenextfiveyears.Thebrandwillbemanagedindependently.BTGHomeinnsHotelsGroupoperatesoneofChina'slargestandfastestgrowingeconomyhotelchains,withabout3,900hotelsinmorethan400cities.Ithasabout600mid-scalehotelsacrossChina.Hyatt, Homeinns to set up JV to tap Chinese market#标题分割#HyattHotelsCorpandBeijing-basedBTGHotels(Group)CoLtdannouncedTuesdaythataffiliatesofHyatt,andHomeinnsHotelGroupofBTGHotels,hadenteredastrategicpartnershiptosetupajointventureandcreateanewhospitalitybrand.Thejointventurehasatotalinvestmentof500millionyuan(US.8million)andaregisteredcapitalof180millionyuan,withHomeinnsandHyattholding51percentand49percentstakesrespectively.Thebrand,tobenamedlater,aimstomeetthedemandofagrowingnumberofyoungtravelersintheupper-andmid-scalesegmentinChina,accordingtoHyatt."ThecombinationofHyatt'sexpertiseinpremiumhospitalitywithourlocalinsightandvastnetworkwillensureourcollaborationwillcreateopportunitiesandbenefitsforChinesetravelersaswellastheoverallhospitalityindustry,"saidDavidSun,chiefexecutiveofficerofHomeinnsHotelGroup."ThiscollaborationisexpectedtoprovideHyattwithdeepChinainsights,buildbrandawarenessandgrowloyaltywithanewsetoftravelers,"saidStephenHo,presidentforChina,GlobalOperationswithHyatt.ThejointventureisexpectedtounveilhotelsunderthenewbrandacrosscitiessuchasShanghai,Beijing,GuangzhouandShenzheninthenextfiveyears.Thebrandwillbemanagedindependently.BTGHomeinnsHotelsGroupoperatesoneofChina'slargestandfastestgrowingeconomyhotelchains,withabout3,900hotelsinmorethan400cities.Ithasabout600mid-scalehotelsacrossChina.Hyatt, Homeinns to set up JV to tap Chinese market#标题分割#HyattHotelsCorpandBeijing-basedBTGHotels(Group)CoLtdannouncedTuesdaythataffiliatesofHyatt,andHomeinnsHotelGroupofBTGHotels,hadenteredastrategicpartnershiptosetupajointventureandcreateanewhospitalitybrand.Thejointventurehasatotalinvestmentof500millionyuan(US.8million)andaregisteredcapitalof180millionyuan,withHomeinnsandHyattholding51percentand49percentstakesrespectively.Thebrand,tobenamedlater,aimstomeetthedemandofagrowingnumberofyoungtravelersintheupper-andmid-scalesegmentinChina,accordingtoHyatt."ThecombinationofHyatt'sexpertiseinpremiumhospitalitywithourlocalinsightandvastnetworkwillensureourcollaborationwillcreateopportunitiesandbenefitsforChinesetravelersaswellastheoverallhospitalityindustry,"saidDavidSun,chiefexecutiveofficerofHomeinnsHotelGroup."ThiscollaborationisexpectedtoprovideHyattwithdeepChinainsights,buildbrandawarenessandgrowloyaltywithanewsetoftravelers,"saidStephenHo,presidentforChina,GlobalOperationswithHyatt.ThejointventureisexpectedtounveilhotelsunderthenewbrandacrosscitiessuchasShanghai,Beijing,GuangzhouandShenzheninthenextfiveyears.Thebrandwillbemanagedindependently.BTGHomeinnsHotelsGroupoperatesoneofChina'slargestandfastestgrowingeconomyhotelchains,withabout3,900hotelsinmorethan400cities.Ithasabout600mid-scalehotelsacrossChina.

  Hyatt, Homeinns to set up JV to tap Chinese market#标题分割#HyattHotelsCorpandBeijing-basedBTGHotels(Group)CoLtdannouncedTuesdaythataffiliatesofHyatt,andHomeinnsHotelGroupofBTGHotels,hadenteredastrategicpartnershiptosetupajointventureandcreateanewhospitalitybrand.Thejointventurehasatotalinvestmentof500millionyuan(US.8million)andaregisteredcapitalof180millionyuan,withHomeinnsandHyattholding51percentand49percentstakesrespectively.Thebrand,tobenamedlater,aimstomeetthedemandofagrowingnumberofyoungtravelersintheupper-andmid-scalesegmentinChina,accordingtoHyatt."ThecombinationofHyatt'sexpertiseinpremiumhospitalitywithourlocalinsightandvastnetworkwillensureourcollaborationwillcreateopportunitiesandbenefitsforChinesetravelersaswellastheoverallhospitalityindustry,"saidDavidSun,chiefexecutiveofficerofHomeinnsHotelGroup."ThiscollaborationisexpectedtoprovideHyattwithdeepChinainsights,buildbrandawarenessandgrowloyaltywithanewsetoftravelers,"saidStephenHo,presidentforChina,GlobalOperationswithHyatt.ThejointventureisexpectedtounveilhotelsunderthenewbrandacrosscitiessuchasShanghai,Beijing,GuangzhouandShenzheninthenextfiveyears.Thebrandwillbemanagedindependently.BTGHomeinnsHotelsGroupoperatesoneofChina'slargestandfastestgrowingeconomyhotelchains,withabout3,900hotelsinmorethan400cities.Ithasabout600mid-scalehotelsacrossChina.Hyatt, Homeinns to set up JV to tap Chinese market#标题分割#HyattHotelsCorpandBeijing-basedBTGHotels(Group)CoLtdannouncedTuesdaythataffiliatesofHyatt,andHomeinnsHotelGroupofBTGHotels,hadenteredastrategicpartnershiptosetupajointventureandcreateanewhospitalitybrand.Thejointventurehasatotalinvestmentof500millionyuan(US.8million)andaregisteredcapitalof180millionyuan,withHomeinnsandHyattholding51percentand49percentstakesrespectively.Thebrand,tobenamedlater,aimstomeetthedemandofagrowingnumberofyoungtravelersintheupper-andmid-scalesegmentinChina,accordingtoHyatt."ThecombinationofHyatt'sexpertiseinpremiumhospitalitywithourlocalinsightandvastnetworkwillensureourcollaborationwillcreateopportunitiesandbenefitsforChinesetravelersaswellastheoverallhospitalityindustry,"saidDavidSun,chiefexecutiveofficerofHomeinnsHotelGroup."ThiscollaborationisexpectedtoprovideHyattwithdeepChinainsights,buildbrandawarenessandgrowloyaltywithanewsetoftravelers,"saidStephenHo,presidentforChina,GlobalOperationswithHyatt.ThejointventureisexpectedtounveilhotelsunderthenewbrandacrosscitiessuchasShanghai,Beijing,GuangzhouandShenzheninthenextfiveyears.Thebrandwillbemanagedindependently.BTGHomeinnsHotelsGroupoperatesoneofChina'slargestandfastestgrowingeconomyhotelchains,withabout3,900hotelsinmorethan400cities.Ithasabout600mid-scalehotelsacrossChina.Hyatt, Homeinns to set up JV to tap Chinese market#标题分割#HyattHotelsCorpandBeijing-basedBTGHotels(Group)CoLtdannouncedTuesdaythataffiliatesofHyatt,andHomeinnsHotelGroupofBTGHotels,hadenteredastrategicpartnershiptosetupajointventureandcreateanewhospitalitybrand.Thejointventurehasatotalinvestmentof500millionyuan(US.8million)andaregisteredcapitalof180millionyuan,withHomeinnsandHyattholding51percentand49percentstakesrespectively.Thebrand,tobenamedlater,aimstomeetthedemandofagrowingnumberofyoungtravelersintheupper-andmid-scalesegmentinChina,accordingtoHyatt."ThecombinationofHyatt'sexpertiseinpremiumhospitalitywithourlocalinsightandvastnetworkwillensureourcollaborationwillcreateopportunitiesandbenefitsforChinesetravelersaswellastheoverallhospitalityindustry,"saidDavidSun,chiefexecutiveofficerofHomeinnsHotelGroup."ThiscollaborationisexpectedtoprovideHyattwithdeepChinainsights,buildbrandawarenessandgrowloyaltywithanewsetoftravelers,"saidStephenHo,presidentforChina,GlobalOperationswithHyatt.ThejointventureisexpectedtounveilhotelsunderthenewbrandacrosscitiessuchasShanghai,Beijing,GuangzhouandShenzheninthenextfiveyears.Thebrandwillbemanagedindependently.BTGHomeinnsHotelsGroupoperatesoneofChina'slargestandfastestgrowingeconomyhotelchains,withabout3,900hotelsinmorethan400cities.Ithasabout600mid-scalehotelsacrossChina.

  Hyatt, Homeinns to set up JV to tap Chinese market#标题分割#HyattHotelsCorpandBeijing-basedBTGHotels(Group)CoLtdannouncedTuesdaythataffiliatesofHyatt,andHomeinnsHotelGroupofBTGHotels,hadenteredastrategicpartnershiptosetupajointventureandcreateanewhospitalitybrand.Thejointventurehasatotalinvestmentof500millionyuan(US.8million)andaregisteredcapitalof180millionyuan,withHomeinnsandHyattholding51percentand49percentstakesrespectively.Thebrand,tobenamedlater,aimstomeetthedemandofagrowingnumberofyoungtravelersintheupper-andmid-scalesegmentinChina,accordingtoHyatt."ThecombinationofHyatt'sexpertiseinpremiumhospitalitywithourlocalinsightandvastnetworkwillensureourcollaborationwillcreateopportunitiesandbenefitsforChinesetravelersaswellastheoverallhospitalityindustry,"saidDavidSun,chiefexecutiveofficerofHomeinnsHotelGroup."ThiscollaborationisexpectedtoprovideHyattwithdeepChinainsights,buildbrandawarenessandgrowloyaltywithanewsetoftravelers,"saidStephenHo,presidentforChina,GlobalOperationswithHyatt.ThejointventureisexpectedtounveilhotelsunderthenewbrandacrosscitiessuchasShanghai,Beijing,GuangzhouandShenzheninthenextfiveyears.Thebrandwillbemanagedindependently.BTGHomeinnsHotelsGroupoperatesoneofChina'slargestandfastestgrowingeconomyhotelchains,withabout3,900hotelsinmorethan400cities.Ithasabout600mid-scalehotelsacrossChina.Hyatt, Homeinns to set up JV to tap Chinese market#标题分割#HyattHotelsCorpandBeijing-basedBTGHotels(Group)CoLtdannouncedTuesdaythataffiliatesofHyatt,andHomeinnsHotelGroupofBTGHotels,hadenteredastrategicpartnershiptosetupajointventureandcreateanewhospitalitybrand.Thejointventurehasatotalinvestmentof500millionyuan(US.8million)andaregisteredcapitalof180millionyuan,withHomeinnsandHyattholding51percentand49percentstakesrespectively.Thebrand,tobenamedlater,aimstomeetthedemandofagrowingnumberofyoungtravelersintheupper-andmid-scalesegmentinChina,accordingtoHyatt."ThecombinationofHyatt'sexpertiseinpremiumhospitalitywithourlocalinsightandvastnetworkwillensureourcollaborationwillcreateopportunitiesandbenefitsforChinesetravelersaswellastheoverallhospitalityindustry,"saidDavidSun,chiefexecutiveofficerofHomeinnsHotelGroup."ThiscollaborationisexpectedtoprovideHyattwithdeepChinainsights,buildbrandawarenessandgrowloyaltywithanewsetoftravelers,"saidStephenHo,presidentforChina,GlobalOperationswithHyatt.ThejointventureisexpectedtounveilhotelsunderthenewbrandacrosscitiessuchasShanghai,Beijing,GuangzhouandShenzheninthenextfiveyears.Thebrandwillbemanagedindependently.BTGHomeinnsHotelsGroupoperatesoneofChina'slargestandfastestgrowingeconomyhotelchains,withabout3,900hotelsinmorethan400cities.Ithasabout600mid-scalehotelsacrossChina.Hyatt, Homeinns to set up JV to tap Chinese market#标题分割#HyattHotelsCorpandBeijing-basedBTGHotels(Group)CoLtdannouncedTuesdaythataffiliatesofHyatt,andHomeinnsHotelGroupofBTGHotels,hadenteredastrategicpartnershiptosetupajointventureandcreateanewhospitalitybrand.Thejointventurehasatotalinvestmentof500millionyuan(US.8million)andaregisteredcapitalof180millionyuan,withHomeinnsandHyattholding51percentand49percentstakesrespectively.Thebrand,tobenamedlater,aimstomeetthedemandofagrowingnumberofyoungtravelersintheupper-andmid-scalesegmentinChina,accordingtoHyatt."ThecombinationofHyatt'sexpertiseinpremiumhospitalitywithourlocalinsightandvastnetworkwillensureourcollaborationwillcreateopportunitiesandbenefitsforChinesetravelersaswellastheoverallhospitalityindustry,"saidDavidSun,chiefexecutiveofficerofHomeinnsHotelGroup."ThiscollaborationisexpectedtoprovideHyattwithdeepChinainsights,buildbrandawarenessandgrowloyaltywithanewsetoftravelers,"saidStephenHo,presidentforChina,GlobalOperationswithHyatt.ThejointventureisexpectedtounveilhotelsunderthenewbrandacrosscitiessuchasShanghai,Beijing,GuangzhouandShenzheninthenextfiveyears.Thebrandwillbemanagedindependently.BTGHomeinnsHotelsGroupoperatesoneofChina'slargestandfastestgrowingeconomyhotelchains,withabout3,900hotelsinmorethan400cities.Ithasabout600mid-scalehotelsacrossChina.

  Hyatt, Homeinns to set up JV to tap Chinese market#标题分割#HyattHotelsCorpandBeijing-basedBTGHotels(Group)CoLtdannouncedTuesdaythataffiliatesofHyatt,andHomeinnsHotelGroupofBTGHotels,hadenteredastrategicpartnershiptosetupajointventureandcreateanewhospitalitybrand.Thejointventurehasatotalinvestmentof500millionyuan(US.8million)andaregisteredcapitalof180millionyuan,withHomeinnsandHyattholding51percentand49percentstakesrespectively.Thebrand,tobenamedlater,aimstomeetthedemandofagrowingnumberofyoungtravelersintheupper-andmid-scalesegmentinChina,accordingtoHyatt."ThecombinationofHyatt'sexpertiseinpremiumhospitalitywithourlocalinsightandvastnetworkwillensureourcollaborationwillcreateopportunitiesandbenefitsforChinesetravelersaswellastheoverallhospitalityindustry,"saidDavidSun,chiefexecutiveofficerofHomeinnsHotelGroup."ThiscollaborationisexpectedtoprovideHyattwithdeepChinainsights,buildbrandawarenessandgrowloyaltywithanewsetoftravelers,"saidStephenHo,presidentforChina,GlobalOperationswithHyatt.ThejointventureisexpectedtounveilhotelsunderthenewbrandacrosscitiessuchasShanghai,Beijing,GuangzhouandShenzheninthenextfiveyears.Thebrandwillbemanagedindependently.BTGHomeinnsHotelsGroupoperatesoneofChina'slargestandfastestgrowingeconomyhotelchains,withabout3,900hotelsinmorethan400cities.Ithasabout600mid-scalehotelsacrossChina.Hyatt, Homeinns to set up JV to tap Chinese market#标题分割#HyattHotelsCorpandBeijing-basedBTGHotels(Group)CoLtdannouncedTuesdaythataffiliatesofHyatt,andHomeinnsHotelGroupofBTGHotels,hadenteredastrategicpartnershiptosetupajointventureandcreateanewhospitalitybrand.Thejointventurehasatotalinvestmentof500millionyuan(US.8million)andaregisteredcapitalof180millionyuan,withHomeinnsandHyattholding51percentand49percentstakesrespectively.Thebrand,tobenamedlater,aimstomeetthedemandofagrowingnumberofyoungtravelersintheupper-andmid-scalesegmentinChina,accordingtoHyatt."ThecombinationofHyatt'sexpertiseinpremiumhospitalitywithourlocalinsightandvastnetworkwillensureourcollaborationwillcreateopportunitiesandbenefitsforChinesetravelersaswellastheoverallhospitalityindustry,"saidDavidSun,chiefexecutiveofficerofHomeinnsHotelGroup."ThiscollaborationisexpectedtoprovideHyattwithdeepChinainsights,buildbrandawarenessandgrowloyaltywithanewsetoftravelers,"saidStephenHo,presidentforChina,GlobalOperationswithHyatt.ThejointventureisexpectedtounveilhotelsunderthenewbrandacrosscitiessuchasShanghai,Beijing,GuangzhouandShenzheninthenextfiveyears.Thebrandwillbemanagedindependently.BTGHomeinnsHotelsGroupoperatesoneofChina'slargestandfastestgrowingeconomyhotelchains,withabout3,900hotelsinmorethan400cities.Ithasabout600mid-scalehotelsacrossChina.Hyatt, Homeinns to set up JV to tap Chinese market#标题分割#HyattHotelsCorpandBeijing-basedBTGHotels(Group)CoLtdannouncedTuesdaythataffiliatesofHyatt,andHomeinnsHotelGroupofBTGHotels,hadenteredastrategicpartnershiptosetupajointventureandcreateanewhospitalitybrand.Thejointventurehasatotalinvestmentof500millionyuan(US.8million)andaregisteredcapitalof180millionyuan,withHomeinnsandHyattholding51percentand49percentstakesrespectively.Thebrand,tobenamedlater,aimstomeetthedemandofagrowingnumberofyoungtravelersintheupper-andmid-scalesegmentinChina,accordingtoHyatt."ThecombinationofHyatt'sexpertiseinpremiumhospitalitywithourlocalinsightandvastnetworkwillensureourcollaborationwillcreateopportunitiesandbenefitsforChinesetravelersaswellastheoverallhospitalityindustry,"saidDavidSun,chiefexecutiveofficerofHomeinnsHotelGroup."ThiscollaborationisexpectedtoprovideHyattwithdeepChinainsights,buildbrandawarenessandgrowloyaltywithanewsetoftravelers,"saidStephenHo,presidentforChina,GlobalOperationswithHyatt.ThejointventureisexpectedtounveilhotelsunderthenewbrandacrosscitiessuchasShanghai,Beijing,GuangzhouandShenzheninthenextfiveyears.Thebrandwillbemanagedindependently.BTGHomeinnsHotelsGroupoperatesoneofChina'slargestandfastestgrowingeconomyhotelchains,withabout3,900hotelsinmorethan400cities.Ithasabout600mid-scalehotelsacrossChina.

  Hyatt, Homeinns to set up JV to tap Chinese market#标题分割#HyattHotelsCorpandBeijing-basedBTGHotels(Group)CoLtdannouncedTuesdaythataffiliatesofHyatt,andHomeinnsHotelGroupofBTGHotels,hadenteredastrategicpartnershiptosetupajointventureandcreateanewhospitalitybrand.Thejointventurehasatotalinvestmentof500millionyuan(US.8million)andaregisteredcapitalof180millionyuan,withHomeinnsandHyattholding51percentand49percentstakesrespectively.Thebrand,tobenamedlater,aimstomeetthedemandofagrowingnumberofyoungtravelersintheupper-andmid-scalesegmentinChina,accordingtoHyatt."ThecombinationofHyatt'sexpertiseinpremiumhospitalitywithourlocalinsightandvastnetworkwillensureourcollaborationwillcreateopportunitiesandbenefitsforChinesetravelersaswellastheoverallhospitalityindustry,"saidDavidSun,chiefexecutiveofficerofHomeinnsHotelGroup."ThiscollaborationisexpectedtoprovideHyattwithdeepChinainsights,buildbrandawarenessandgrowloyaltywithanewsetoftravelers,"saidStephenHo,presidentforChina,GlobalOperationswithHyatt.ThejointventureisexpectedtounveilhotelsunderthenewbrandacrosscitiessuchasShanghai,Beijing,GuangzhouandShenzheninthenextfiveyears.Thebrandwillbemanagedindependently.BTGHomeinnsHotelsGroupoperatesoneofChina'slargestandfastestgrowingeconomyhotelchains,withabout3,900hotelsinmorethan400cities.Ithasabout600mid-scalehotelsacrossChina.Hyatt, Homeinns to set up JV to tap Chinese market#标题分割#HyattHotelsCorpandBeijing-basedBTGHotels(Group)CoLtdannouncedTuesdaythataffiliatesofHyatt,andHomeinnsHotelGroupofBTGHotels,hadenteredastrategicpartnershiptosetupajointventureandcreateanewhospitalitybrand.Thejointventurehasatotalinvestmentof500millionyuan(US.8million)andaregisteredcapitalof180millionyuan,withHomeinnsandHyattholding51percentand49percentstakesrespectively.Thebrand,tobenamedlater,aimstomeetthedemandofagrowingnumberofyoungtravelersintheupper-andmid-scalesegmentinChina,accordingtoHyatt."ThecombinationofHyatt'sexpertiseinpremiumhospitalitywithourlocalinsightandvastnetworkwillensureourcollaborationwillcreateopportunitiesandbenefitsforChinesetravelersaswellastheoverallhospitalityindustry,"saidDavidSun,chiefexecutiveofficerofHomeinnsHotelGroup."ThiscollaborationisexpectedtoprovideHyattwithdeepChinainsights,buildbrandawarenessandgrowloyaltywithanewsetoftravelers,"saidStephenHo,presidentforChina,GlobalOperationswithHyatt.ThejointventureisexpectedtounveilhotelsunderthenewbrandacrosscitiessuchasShanghai,Beijing,GuangzhouandShenzheninthenextfiveyears.Thebrandwillbemanagedindependently.BTGHomeinnsHotelsGroupoperatesoneofChina'slargestandfastestgrowingeconomyhotelchains,withabout3,900hotelsinmorethan400cities.Ithasabout600mid-scalehotelsacrossChina.Hyatt, Homeinns to set up JV to tap Chinese market#标题分割#HyattHotelsCorpandBeijing-basedBTGHotels(Group)CoLtdannouncedTuesdaythataffiliatesofHyatt,andHomeinnsHotelGroupofBTGHotels,hadenteredastrategicpartnershiptosetupajointventureandcreateanewhospitalitybrand.Thejointventurehasatotalinvestmentof500millionyuan(US.8million)andaregisteredcapitalof180millionyuan,withHomeinnsandHyattholding51percentand49percentstakesrespectively.Thebrand,tobenamedlater,aimstomeetthedemandofagrowingnumberofyoungtravelersintheupper-andmid-scalesegmentinChina,accordingtoHyatt."ThecombinationofHyatt'sexpertiseinpremiumhospitalitywithourlocalinsightandvastnetworkwillensureourcollaborationwillcreateopportunitiesandbenefitsforChinesetravelersaswellastheoverallhospitalityindustry,"saidDavidSun,chiefexecutiveofficerofHomeinnsHotelGroup."ThiscollaborationisexpectedtoprovideHyattwithdeepChinainsights,buildbrandawarenessandgrowloyaltywithanewsetoftravelers,"saidStephenHo,presidentforChina,GlobalOperationswithHyatt.ThejointventureisexpectedtounveilhotelsunderthenewbrandacrosscitiessuchasShanghai,Beijing,GuangzhouandShenzheninthenextfiveyears.Thebrandwillbemanagedindependently.BTGHomeinnsHotelsGroupoperatesoneofChina'slargestandfastestgrowingeconomyhotelchains,withabout3,900hotelsinmorethan400cities.Ithasabout600mid-scalehotelsacrossChina.

  Hyatt, Homeinns to set up JV to tap Chinese market#标题分割#HyattHotelsCorpandBeijing-basedBTGHotels(Group)CoLtdannouncedTuesdaythataffiliatesofHyatt,andHomeinnsHotelGroupofBTGHotels,hadenteredastrategicpartnershiptosetupajointventureandcreateanewhospitalitybrand.Thejointventurehasatotalinvestmentof500millionyuan(US.8million)andaregisteredcapitalof180millionyuan,withHomeinnsandHyattholding51percentand49percentstakesrespectively.Thebrand,tobenamedlater,aimstomeetthedemandofagrowingnumberofyoungtravelersintheupper-andmid-scalesegmentinChina,accordingtoHyatt."ThecombinationofHyatt'sexpertiseinpremiumhospitalitywithourlocalinsightandvastnetworkwillensureourcollaborationwillcreateopportunitiesandbenefitsforChinesetravelersaswellastheoverallhospitalityindustry,"saidDavidSun,chiefexecutiveofficerofHomeinnsHotelGroup."ThiscollaborationisexpectedtoprovideHyattwithdeepChinainsights,buildbrandawarenessandgrowloyaltywithanewsetoftravelers,"saidStephenHo,presidentforChina,GlobalOperationswithHyatt.ThejointventureisexpectedtounveilhotelsunderthenewbrandacrosscitiessuchasShanghai,Beijing,GuangzhouandShenzheninthenextfiveyears.Thebrandwillbemanagedindependently.BTGHomeinnsHotelsGroupoperatesoneofChina'slargestandfastestgrowingeconomyhotelchains,withabout3,900hotelsinmorethan400cities.Ithasabout600mid-scalehotelsacrossChina.Hyatt, Homeinns to set up JV to tap Chinese market#标题分割#HyattHotelsCorpandBeijing-basedBTGHotels(Group)CoLtdannouncedTuesdaythataffiliatesofHyatt,andHomeinnsHotelGroupofBTGHotels,hadenteredastrategicpartnershiptosetupajointventureandcreateanewhospitalitybrand.Thejointventurehasatotalinvestmentof500millionyuan(US.8million)andaregisteredcapitalof180millionyuan,withHomeinnsandHyattholding51percentand49percentstakesrespectively.Thebrand,tobenamedlater,aimstomeetthedemandofagrowingnumberofyoungtravelersintheupper-andmid-scalesegmentinChina,accordingtoHyatt."ThecombinationofHyatt'sexpertiseinpremiumhospitalitywithourlocalinsightandvastnetworkwillensureourcollaborationwillcreateopportunitiesandbenefitsforChinesetravelersaswellastheoverallhospitalityindustry,"saidDavidSun,chiefexecutiveofficerofHomeinnsHotelGroup."ThiscollaborationisexpectedtoprovideHyattwithdeepChinainsights,buildbrandawarenessandgrowloyaltywithanewsetoftravelers,"saidStephenHo,presidentforChina,GlobalOperationswithHyatt.ThejointventureisexpectedtounveilhotelsunderthenewbrandacrosscitiessuchasShanghai,Beijing,GuangzhouandShenzheninthenextfiveyears.Thebrandwillbemanagedindependently.BTGHomeinnsHotelsGroupoperatesoneofChina'slargestandfastestgrowingeconomyhotelchains,withabout3,900hotelsinmorethan400cities.Ithasabout600mid-scalehotelsacrossChina.Hyatt, Homeinns to set up JV to tap Chinese market#标题分割#HyattHotelsCorpandBeijing-basedBTGHotels(Group)CoLtdannouncedTuesdaythataffiliatesofHyatt,andHomeinnsHotelGroupofBTGHotels,hadenteredastrategicpartnershiptosetupajointventureandcreateanewhospitalitybrand.Thejointventurehasatotalinvestmentof500millionyuan(US.8million)andaregisteredcapitalof180millionyuan,withHomeinnsandHyattholding51percentand49percentstakesrespectively.Thebrand,tobenamedlater,aimstomeetthedemandofagrowingnumberofyoungtravelersintheupper-andmid-scalesegmentinChina,accordingtoHyatt."ThecombinationofHyatt'sexpertiseinpremiumhospitalitywithourlocalinsightandvastnetworkwillensureourcollaborationwillcreateopportunitiesandbenefitsforChinesetravelersaswellastheoverallhospitalityindustry,"saidDavidSun,chiefexecutiveofficerofHomeinnsHotelGroup."ThiscollaborationisexpectedtoprovideHyattwithdeepChinainsights,buildbrandawarenessandgrowloyaltywithanewsetoftravelers,"saidStephenHo,presidentforChina,GlobalOperationswithHyatt.ThejointventureisexpectedtounveilhotelsunderthenewbrandacrosscitiessuchasShanghai,Beijing,GuangzhouandShenzheninthenextfiveyears.Thebrandwillbemanagedindependently.BTGHomeinnsHotelsGroupoperatesoneofChina'slargestandfastestgrowingeconomyhotelchains,withabout3,900hotelsinmorethan400cities.Ithasabout600mid-scalehotelsacrossChina.

  Hyatt, Homeinns to set up JV to tap Chinese market#标题分割#HyattHotelsCorpandBeijing-basedBTGHotels(Group)CoLtdannouncedTuesdaythataffiliatesofHyatt,andHomeinnsHotelGroupofBTGHotels,hadenteredastrategicpartnershiptosetupajointventureandcreateanewhospitalitybrand.Thejointventurehasatotalinvestmentof500millionyuan(US.8million)andaregisteredcapitalof180millionyuan,withHomeinnsandHyattholding51percentand49percentstakesrespectively.Thebrand,tobenamedlater,aimstomeetthedemandofagrowingnumberofyoungtravelersintheupper-andmid-scalesegmentinChina,accordingtoHyatt."ThecombinationofHyatt'sexpertiseinpremiumhospitalitywithourlocalinsightandvastnetworkwillensureourcollaborationwillcreateopportunitiesandbenefitsforChinesetravelersaswellastheoverallhospitalityindustry,"saidDavidSun,chiefexecutiveofficerofHomeinnsHotelGroup."ThiscollaborationisexpectedtoprovideHyattwithdeepChinainsights,buildbrandawarenessandgrowloyaltywithanewsetoftravelers,"saidStephenHo,presidentforChina,GlobalOperationswithHyatt.ThejointventureisexpectedtounveilhotelsunderthenewbrandacrosscitiessuchasShanghai,Beijing,GuangzhouandShenzheninthenextfiveyears.Thebrandwillbemanagedindependently.BTGHomeinnsHotelsGroupoperatesoneofChina'slargestandfastestgrowingeconomyhotelchains,withabout3,900hotelsinmorethan400cities.Ithasabout600mid-scalehotelsacrossChina.Hyatt, Homeinns to set up JV to tap Chinese market#标题分割#HyattHotelsCorpandBeijing-basedBTGHotels(Group)CoLtdannouncedTuesdaythataffiliatesofHyatt,andHomeinnsHotelGroupofBTGHotels,hadenteredastrategicpartnershiptosetupajointventureandcreateanewhospitalitybrand.Thejointventurehasatotalinvestmentof500millionyuan(US.8million)andaregisteredcapitalof180millionyuan,withHomeinnsandHyattholding51percentand49percentstakesrespectively.Thebrand,tobenamedlater,aimstomeetthedemandofagrowingnumberofyoungtravelersintheupper-andmid-scalesegmentinChina,accordingtoHyatt."ThecombinationofHyatt'sexpertiseinpremiumhospitalitywithourlocalinsightandvastnetworkwillensureourcollaborationwillcreateopportunitiesandbenefitsforChinesetravelersaswellastheoverallhospitalityindustry,"saidDavidSun,chiefexecutiveofficerofHomeinnsHotelGroup."ThiscollaborationisexpectedtoprovideHyattwithdeepChinainsights,buildbrandawarenessandgrowloyaltywithanewsetoftravelers,"saidStephenHo,presidentforChina,GlobalOperationswithHyatt.ThejointventureisexpectedtounveilhotelsunderthenewbrandacrosscitiessuchasShanghai,Beijing,GuangzhouandShenzheninthenextfiveyears.Thebrandwillbemanagedindependently.BTGHomeinnsHotelsGroupoperatesoneofChina'slargestandfastestgrowingeconomyhotelchains,withabout3,900hotelsinmorethan400cities.Ithasabout600mid-scalehotelsacrossChina.Hyatt, Homeinns to set up JV to tap Chinese market#标题分割#HyattHotelsCorpandBeijing-basedBTGHotels(Group)CoLtdannouncedTuesdaythataffiliatesofHyatt,andHomeinnsHotelGroupofBTGHotels,hadenteredastrategicpartnershiptosetupajointventureandcreateanewhospitalitybrand.Thejointventurehasatotalinvestmentof500millionyuan(US.8million)andaregisteredcapitalof180millionyuan,withHomeinnsandHyattholding51percentand49percentstakesrespectively.Thebrand,tobenamedlater,aimstomeetthedemandofagrowingnumberofyoungtravelersintheupper-andmid-scalesegmentinChina,accordingtoHyatt."ThecombinationofHyatt'sexpertiseinpremiumhospitalitywithourlocalinsightandvastnetworkwillensureourcollaborationwillcreateopportunitiesandbenefitsforChinesetravelersaswellastheoverallhospitalityindustry,"saidDavidSun,chiefexecutiveofficerofHomeinnsHotelGroup."ThiscollaborationisexpectedtoprovideHyattwithdeepChinainsights,buildbrandawarenessandgrowloyaltywithanewsetoftravelers,"saidStephenHo,presidentforChina,GlobalOperationswithHyatt.ThejointventureisexpectedtounveilhotelsunderthenewbrandacrosscitiessuchasShanghai,Beijing,GuangzhouandShenzheninthenextfiveyears.Thebrandwillbemanagedindependently.BTGHomeinnsHotelsGroupoperatesoneofChina'slargestandfastestgrowingeconomyhotelchains,withabout3,900hotelsinmorethan400cities.Ithasabout600mid-scalehotelsacrossChina.

  Hyatt, Homeinns to set up JV to tap Chinese market#标题分割#HyattHotelsCorpandBeijing-basedBTGHotels(Group)CoLtdannouncedTuesdaythataffiliatesofHyatt,andHomeinnsHotelGroupofBTGHotels,hadenteredastrategicpartnershiptosetupajointventureandcreateanewhospitalitybrand.Thejointventurehasatotalinvestmentof500millionyuan(US.8million)andaregisteredcapitalof180millionyuan,withHomeinnsandHyattholding51percentand49percentstakesrespectively.Thebrand,tobenamedlater,aimstomeetthedemandofagrowingnumberofyoungtravelersintheupper-andmid-scalesegmentinChina,accordingtoHyatt."ThecombinationofHyatt'sexpertiseinpremiumhospitalitywithourlocalinsightandvastnetworkwillensureourcollaborationwillcreateopportunitiesandbenefitsforChinesetravelersaswellastheoverallhospitalityindustry,"saidDavidSun,chiefexecutiveofficerofHomeinnsHotelGroup."ThiscollaborationisexpectedtoprovideHyattwithdeepChinainsights,buildbrandawarenessandgrowloyaltywithanewsetoftravelers,"saidStephenHo,presidentforChina,GlobalOperationswithHyatt.ThejointventureisexpectedtounveilhotelsunderthenewbrandacrosscitiessuchasShanghai,Beijing,GuangzhouandShenzheninthenextfiveyears.Thebrandwillbemanagedindependently.BTGHomeinnsHotelsGroupoperatesoneofChina'slargestandfastestgrowingeconomyhotelchains,withabout3,900hotelsinmorethan400cities.Ithasabout600mid-scalehotelsacrossChina.Hyatt, Homeinns to set up JV to tap Chinese market#标题分割#HyattHotelsCorpandBeijing-basedBTGHotels(Group)CoLtdannouncedTuesdaythataffiliatesofHyatt,andHomeinnsHotelGroupofBTGHotels,hadenteredastrategicpartnershiptosetupajointventureandcreateanewhospitalitybrand.Thejointventurehasatotalinvestmentof500millionyuan(US.8million)andaregisteredcapitalof180millionyuan,withHomeinnsandHyattholding51percentand49percentstakesrespectively.Thebrand,tobenamedlater,aimstomeetthedemandofagrowingnumberofyoungtravelersintheupper-andmid-scalesegmentinChina,accordingtoHyatt."ThecombinationofHyatt'sexpertiseinpremiumhospitalitywithourlocalinsightandvastnetworkwillensureourcollaborationwillcreateopportunitiesandbenefitsforChinesetravelersaswellastheoverallhospitalityindustry,"saidDavidSun,chiefexecutiveofficerofHomeinnsHotelGroup."ThiscollaborationisexpectedtoprovideHyattwithdeepChinainsights,buildbrandawarenessandgrowloyaltywithanewsetoftravelers,"saidStephenHo,presidentforChina,GlobalOperationswithHyatt.ThejointventureisexpectedtounveilhotelsunderthenewbrandacrosscitiessuchasShanghai,Beijing,GuangzhouandShenzheninthenextfiveyears.Thebrandwillbemanagedindependently.BTGHomeinnsHotelsGroupoperatesoneofChina'slargestandfastestgrowingeconomyhotelchains,withabout3,900hotelsinmorethan400cities.Ithasabout600mid-scalehotelsacrossChina.Hyatt, Homeinns to set up JV to tap Chinese market#标题分割#HyattHotelsCorpandBeijing-basedBTGHotels(Group)CoLtdannouncedTuesdaythataffiliatesofHyatt,andHomeinnsHotelGroupofBTGHotels,hadenteredastrategicpartnershiptosetupajointventureandcreateanewhospitalitybrand.Thejointventurehasatotalinvestmentof500millionyuan(US.8million)andaregisteredcapitalof180millionyuan,withHomeinnsandHyattholding51percentand49percentstakesrespectively.Thebrand,tobenamedlater,aimstomeetthedemandofagrowingnumberofyoungtravelersintheupper-andmid-scalesegmentinChina,accordingtoHyatt."ThecombinationofHyatt'sexpertiseinpremiumhospitalitywithourlocalinsightandvastnetworkwillensureourcollaborationwillcreateopportunitiesandbenefitsforChinesetravelersaswellastheoverallhospitalityindustry,"saidDavidSun,chiefexecutiveofficerofHomeinnsHotelGroup."ThiscollaborationisexpectedtoprovideHyattwithdeepChinainsights,buildbrandawarenessandgrowloyaltywithanewsetoftravelers,"saidStephenHo,presidentforChina,GlobalOperationswithHyatt.ThejointventureisexpectedtounveilhotelsunderthenewbrandacrosscitiessuchasShanghai,Beijing,GuangzhouandShenzheninthenextfiveyears.Thebrandwillbemanagedindependently.BTGHomeinnsHotelsGroupoperatesoneofChina'slargestandfastestgrowingeconomyhotelchains,withabout3,900hotelsinmorethan400cities.Ithasabout600mid-scalehotelsacrossChina.

  Hyatt, Homeinns to set up JV to tap Chinese market#标题分割#HyattHotelsCorpandBeijing-basedBTGHotels(Group)CoLtdannouncedTuesdaythataffiliatesofHyatt,andHomeinnsHotelGroupofBTGHotels,hadenteredastrategicpartnershiptosetupajointventureandcreateanewhospitalitybrand.Thejointventurehasatotalinvestmentof500millionyuan(US.8million)andaregisteredcapitalof180millionyuan,withHomeinnsandHyattholding51percentand49percentstakesrespectively.Thebrand,tobenamedlater,aimstomeetthedemandofagrowingnumberofyoungtravelersintheupper-andmid-scalesegmentinChina,accordingtoHyatt."ThecombinationofHyatt'sexpertiseinpremiumhospitalitywithourlocalinsightandvastnetworkwillensureourcollaborationwillcreateopportunitiesandbenefitsforChinesetravelersaswellastheoverallhospitalityindustry,"saidDavidSun,chiefexecutiveofficerofHomeinnsHotelGroup."ThiscollaborationisexpectedtoprovideHyattwithdeepChinainsights,buildbrandawarenessandgrowloyaltywithanewsetoftravelers,"saidStephenHo,presidentforChina,GlobalOperationswithHyatt.ThejointventureisexpectedtounveilhotelsunderthenewbrandacrosscitiessuchasShanghai,Beijing,GuangzhouandShenzheninthenextfiveyears.Thebrandwillbemanagedindependently.BTGHomeinnsHotelsGroupoperatesoneofChina'slargestandfastestgrowingeconomyhotelchains,withabout3,900hotelsinmorethan400cities.Ithasabout600mid-scalehotelsacrossChina.Hyatt, Homeinns to set up JV to tap Chinese market#标题分割#HyattHotelsCorpandBeijing-basedBTGHotels(Group)CoLtdannouncedTuesdaythataffiliatesofHyatt,andHomeinnsHotelGroupofBTGHotels,hadenteredastrategicpartnershiptosetupajointventureandcreateanewhospitalitybrand.Thejointventurehasatotalinvestmentof500millionyuan(US.8million)andaregisteredcapitalof180millionyuan,withHomeinnsandHyattholding51percentand49percentstakesrespectively.Thebrand,tobenamedlater,aimstomeetthedemandofagrowingnumberofyoungtravelersintheupper-andmid-scalesegmentinChina,accordingtoHyatt."ThecombinationofHyatt'sexpertiseinpremiumhospitalitywithourlocalinsightandvastnetworkwillensureourcollaborationwillcreateopportunitiesandbenefitsforChinesetravelersaswellastheoverallhospitalityindustry,"saidDavidSun,chiefexecutiveofficerofHomeinnsHotelGroup."ThiscollaborationisexpectedtoprovideHyattwithdeepChinainsights,buildbrandawarenessandgrowloyaltywithanewsetoftravelers,"saidStephenHo,presidentforChina,GlobalOperationswithHyatt.ThejointventureisexpectedtounveilhotelsunderthenewbrandacrosscitiessuchasShanghai,Beijing,GuangzhouandShenzheninthenextfiveyears.Thebrandwillbemanagedindependently.BTGHomeinnsHotelsGroupoperatesoneofChina'slargestandfastestgrowingeconomyhotelchains,withabout3,900hotelsinmorethan400cities.Ithasabout600mid-scalehotelsacrossChina.Hyatt, Homeinns to set up JV to tap Chinese market#标题分割#HyattHotelsCorpandBeijing-basedBTGHotels(Group)CoLtdannouncedTuesdaythataffiliatesofHyatt,andHomeinnsHotelGroupofBTGHotels,hadenteredastrategicpartnershiptosetupajointventureandcreateanewhospitalitybrand.Thejointventurehasatotalinvestmentof500millionyuan(US.8million)andaregisteredcapitalof180millionyuan,withHomeinnsandHyattholding51percentand49percentstakesrespectively.Thebrand,tobenamedlater,aimstomeetthedemandofagrowingnumberofyoungtravelersintheupper-andmid-scalesegmentinChina,accordingtoHyatt."ThecombinationofHyatt'sexpertiseinpremiumhospitalitywithourlocalinsightandvastnetworkwillensureourcollaborationwillcreateopportunitiesandbenefitsforChinesetravelersaswellastheoverallhospitalityindustry,"saidDavidSun,chiefexecutiveofficerofHomeinnsHotelGroup."ThiscollaborationisexpectedtoprovideHyattwithdeepChinainsights,buildbrandawarenessandgrowloyaltywithanewsetoftravelers,"saidStephenHo,presidentforChina,GlobalOperationswithHyatt.ThejointventureisexpectedtounveilhotelsunderthenewbrandacrosscitiessuchasShanghai,Beijing,GuangzhouandShenzheninthenextfiveyears.Thebrandwillbemanagedindependently.BTGHomeinnsHotelsGroupoperatesoneofChina'slargestandfastestgrowingeconomyhotelchains,withabout3,900hotelsinmorethan400cities.Ithasabout600mid-scalehotelsacrossChina.

  Hyatt, Homeinns to set up JV to tap Chinese market#标题分割#HyattHotelsCorpandBeijing-basedBTGHotels(Group)CoLtdannouncedTuesdaythataffiliatesofHyatt,andHomeinnsHotelGroupofBTGHotels,hadenteredastrategicpartnershiptosetupajointventureandcreateanewhospitalitybrand.Thejointventurehasatotalinvestmentof500millionyuan(US.8million)andaregisteredcapitalof180millionyuan,withHomeinnsandHyattholding51percentand49percentstakesrespectively.Thebrand,tobenamedlater,aimstomeetthedemandofagrowingnumberofyoungtravelersintheupper-andmid-scalesegmentinChina,accordingtoHyatt."ThecombinationofHyatt'sexpertiseinpremiumhospitalitywithourlocalinsightandvastnetworkwillensureourcollaborationwillcreateopportunitiesandbenefitsforChinesetravelersaswellastheoverallhospitalityindustry,"saidDavidSun,chiefexecutiveofficerofHomeinnsHotelGroup."ThiscollaborationisexpectedtoprovideHyattwithdeepChinainsights,buildbrandawarenessandgrowloyaltywithanewsetoftravelers,"saidStephenHo,presidentforChina,GlobalOperationswithHyatt.ThejointventureisexpectedtounveilhotelsunderthenewbrandacrosscitiessuchasShanghai,Beijing,GuangzhouandShenzheninthenextfiveyears.Thebrandwillbemanagedindependently.BTGHomeinnsHotelsGroupoperatesoneofChina'slargestandfastestgrowingeconomyhotelchains,withabout3,900hotelsinmorethan400cities.Ithasabout600mid-scalehotelsacrossChina.Hyatt, Homeinns to set up JV to tap Chinese market#标题分割#HyattHotelsCorpandBeijing-basedBTGHotels(Group)CoLtdannouncedTuesdaythataffiliatesofHyatt,andHomeinnsHotelGroupofBTGHotels,hadenteredastrategicpartnershiptosetupajointventureandcreateanewhospitalitybrand.Thejointventurehasatotalinvestmentof500millionyuan(US.8million)andaregisteredcapitalof180millionyuan,withHomeinnsandHyattholding51percentand49percentstakesrespectively.Thebrand,tobenamedlater,aimstomeetthedemandofagrowingnumberofyoungtravelersintheupper-andmid-scalesegmentinChina,accordingtoHyatt."ThecombinationofHyatt'sexpertiseinpremiumhospitalitywithourlocalinsightandvastnetworkwillensureourcollaborationwillcreateopportunitiesandbenefitsforChinesetravelersaswellastheoverallhospitalityindustry,"saidDavidSun,chiefexecutiveofficerofHomeinnsHotelGroup."ThiscollaborationisexpectedtoprovideHyattwithdeepChinainsights,buildbrandawarenessandgrowloyaltywithanewsetoftravelers,"saidStephenHo,presidentforChina,GlobalOperationswithHyatt.ThejointventureisexpectedtounveilhotelsunderthenewbrandacrosscitiessuchasShanghai,Beijing,GuangzhouandShenzheninthenextfiveyears.Thebrandwillbemanagedindependently.BTGHomeinnsHotelsGroupoperatesoneofChina'slargestandfastestgrowingeconomyhotelchains,withabout3,900hotelsinmorethan400cities.Ithasabout600mid-scalehotelsacrossChina.Hyatt, Homeinns to set up JV to tap Chinese market#标题分割#HyattHotelsCorpandBeijing-basedBTGHotels(Group)CoLtdannouncedTuesdaythataffiliatesofHyatt,andHomeinnsHotelGroupofBTGHotels,hadenteredastrategicpartnershiptosetupajointventureandcreateanewhospitalitybrand.Thejointventurehasatotalinvestmentof500millionyuan(US.8million)andaregisteredcapitalof180millionyuan,withHomeinnsandHyattholding51percentand49percentstakesrespectively.Thebrand,tobenamedlater,aimstomeetthedemandofagrowingnumberofyoungtravelersintheupper-andmid-scalesegmentinChina,accordingtoHyatt."ThecombinationofHyatt'sexpertiseinpremiumhospitalitywithourlocalinsightandvastnetworkwillensureourcollaborationwillcreateopportunitiesandbenefitsforChinesetravelersaswellastheoverallhospitalityindustry,"saidDavidSun,chiefexecutiveofficerofHomeinnsHotelGroup."ThiscollaborationisexpectedtoprovideHyattwithdeepChinainsights,buildbrandawarenessandgrowloyaltywithanewsetoftravelers,"saidStephenHo,presidentforChina,GlobalOperationswithHyatt.ThejointventureisexpectedtounveilhotelsunderthenewbrandacrosscitiessuchasShanghai,Beijing,GuangzhouandShenzheninthenextfiveyears.Thebrandwillbemanagedindependently.BTGHomeinnsHotelsGroupoperatesoneofChina'slargestandfastestgrowingeconomyhotelchains,withabout3,900hotelsinmorethan400cities.Ithasabout600mid-scalehotelsacrossChina.

  Hyatt, Homeinns to set up JV to tap Chinese market#标题分割#HyattHotelsCorpandBeijing-basedBTGHotels(Group)CoLtdannouncedTuesdaythataffiliatesofHyatt,andHomeinnsHotelGroupofBTGHotels,hadenteredastrategicpartnershiptosetupajointventureandcreateanewhospitalitybrand.Thejointventurehasatotalinvestmentof500millionyuan(US.8million)andaregisteredcapitalof180millionyuan,withHomeinnsandHyattholding51percentand49percentstakesrespectively.Thebrand,tobenamedlater,aimstomeetthedemandofagrowingnumberofyoungtravelersintheupper-andmid-scalesegmentinChina,accordingtoHyatt."ThecombinationofHyatt'sexpertiseinpremiumhospitalitywithourlocalinsightandvastnetworkwillensureourcollaborationwillcreateopportunitiesandbenefitsforChinesetravelersaswellastheoverallhospitalityindustry,"saidDavidSun,chiefexecutiveofficerofHomeinnsHotelGroup."ThiscollaborationisexpectedtoprovideHyattwithdeepChinainsights,buildbrandawarenessandgrowloyaltywithanewsetoftravelers,"saidStephenHo,presidentforChina,GlobalOperationswithHyatt.ThejointventureisexpectedtounveilhotelsunderthenewbrandacrosscitiessuchasShanghai,Beijing,GuangzhouandShenzheninthenextfiveyears.Thebrandwillbemanagedindependently.BTGHomeinnsHotelsGroupoperatesoneofChina'slargestandfastestgrowingeconomyhotelchains,withabout3,900hotelsinmorethan400cities.Ithasabout600mid-scalehotelsacrossChina.Hyatt, Homeinns to set up JV to tap Chinese market#标题分割#HyattHotelsCorpandBeijing-basedBTGHotels(Group)CoLtdannouncedTuesdaythataffiliatesofHyatt,andHomeinnsHotelGroupofBTGHotels,hadenteredastrategicpartnershiptosetupajointventureandcreateanewhospitalitybrand.Thejointventurehasatotalinvestmentof500millionyuan(US.8million)andaregisteredcapitalof180millionyuan,withHomeinnsandHyattholding51percentand49percentstakesrespectively.Thebrand,tobenamedlater,aimstomeetthedemandofagrowingnumberofyoungtravelersintheupper-andmid-scalesegmentinChina,accordingtoHyatt."ThecombinationofHyatt'sexpertiseinpremiumhospitalitywithourlocalinsightandvastnetworkwillensureourcollaborationwillcreateopportunitiesandbenefitsforChinesetravelersaswellastheoverallhospitalityindustry,"saidDavidSun,chiefexecutiveofficerofHomeinnsHotelGroup."ThiscollaborationisexpectedtoprovideHyattwithdeepChinainsights,buildbrandawarenessandgrowloyaltywithanewsetoftravelers,"saidStephenHo,presidentforChina,GlobalOperationswithHyatt.ThejointventureisexpectedtounveilhotelsunderthenewbrandacrosscitiessuchasShanghai,Beijing,GuangzhouandShenzheninthenextfiveyears.Thebrandwillbemanagedindependently.BTGHomeinnsHotelsGroupoperatesoneofChina'slargestandfastestgrowingeconomyhotelchains,withabout3,900hotelsinmorethan400cities.Ithasabout600mid-scalehotelsacrossChina.Hyatt, Homeinns to set up JV to tap Chinese market#标题分割#HyattHotelsCorpandBeijing-basedBTGHotels(Group)CoLtdannouncedTuesdaythataffiliatesofHyatt,andHomeinnsHotelGroupofBTGHotels,hadenteredastrategicpartnershiptosetupajointventureandcreateanewhospitalitybrand.Thejointventurehasatotalinvestmentof500millionyuan(US.8million)andaregisteredcapitalof180millionyuan,withHomeinnsandHyattholding51percentand49percentstakesrespectively.Thebrand,tobenamedlater,aimstomeetthedemandofagrowingnumberofyoungtravelersintheupper-andmid-scalesegmentinChina,accordingtoHyatt."ThecombinationofHyatt'sexpertiseinpremiumhospitalitywithourlocalinsightandvastnetworkwillensureourcollaborationwillcreateopportunitiesandbenefitsforChinesetravelersaswellastheoverallhospitalityindustry,"saidDavidSun,chiefexecutiveofficerofHomeinnsHotelGroup."ThiscollaborationisexpectedtoprovideHyattwithdeepChinainsights,buildbrandawarenessandgrowloyaltywithanewsetoftravelers,"saidStephenHo,presidentforChina,GlobalOperationswithHyatt.ThejointventureisexpectedtounveilhotelsunderthenewbrandacrosscitiessuchasShanghai,Beijing,GuangzhouandShenzheninthenextfiveyears.Thebrandwillbemanagedindependently.BTGHomeinnsHotelsGroupoperatesoneofChina'slargestandfastestgrowingeconomyhotelchains,withabout3,900hotelsinmorethan400cities.Ithasabout600mid-scalehotelsacrossChina.

  Hyatt, Homeinns to set up JV to tap Chinese market#标题分割#HyattHotelsCorpandBeijing-basedBTGHotels(Group)CoLtdannouncedTuesdaythataffiliatesofHyatt,andHomeinnsHotelGroupofBTGHotels,hadenteredastrategicpartnershiptosetupajointventureandcreateanewhospitalitybrand.Thejointventurehasatotalinvestmentof500millionyuan(US.8million)andaregisteredcapitalof180millionyuan,withHomeinnsandHyattholding51percentand49percentstakesrespectively.Thebrand,tobenamedlater,aimstomeetthedemandofagrowingnumberofyoungtravelersintheupper-andmid-scalesegmentinChina,accordingtoHyatt."ThecombinationofHyatt'sexpertiseinpremiumhospitalitywithourlocalinsightandvastnetworkwillensureourcollaborationwillcreateopportunitiesandbenefitsforChinesetravelersaswellastheoverallhospitalityindustry,"saidDavidSun,chiefexecutiveofficerofHomeinnsHotelGroup."ThiscollaborationisexpectedtoprovideHyattwithdeepChinainsights,buildbrandawarenessandgrowloyaltywithanewsetoftravelers,"saidStephenHo,presidentforChina,GlobalOperationswithHyatt.ThejointventureisexpectedtounveilhotelsunderthenewbrandacrosscitiessuchasShanghai,Beijing,GuangzhouandShenzheninthenextfiveyears.Thebrandwillbemanagedindependently.BTGHomeinnsHotelsGroupoperatesoneofChina'slargestandfastestgrowingeconomyhotelchains,withabout3,900hotelsinmorethan400cities.Ithasabout600mid-scalehotelsacrossChina.Hyatt, Homeinns to set up JV to tap Chinese market#标题分割#HyattHotelsCorpandBeijing-basedBTGHotels(Group)CoLtdannouncedTuesdaythataffiliatesofHyatt,andHomeinnsHotelGroupofBTGHotels,hadenteredastrategicpartnershiptosetupajointventureandcreateanewhospitalitybrand.Thejointventurehasatotalinvestmentof500millionyuan(US.8million)andaregisteredcapitalof180millionyuan,withHomeinnsandHyattholding51percentand49percentstakesrespectively.Thebrand,tobenamedlater,aimstomeetthedemandofagrowingnumberofyoungtravelersintheupper-andmid-scalesegmentinChina,accordingtoHyatt."ThecombinationofHyatt'sexpertiseinpremiumhospitalitywithourlocalinsightandvastnetworkwillensureourcollaborationwillcreateopportunitiesandbenefitsforChinesetravelersaswellastheoverallhospitalityindustry,"saidDavidSun,chiefexecutiveofficerofHomeinnsHotelGroup."ThiscollaborationisexpectedtoprovideHyattwithdeepChinainsights,buildbrandawarenessandgrowloyaltywithanewsetoftravelers,"saidStephenHo,presidentforChina,GlobalOperationswithHyatt.ThejointventureisexpectedtounveilhotelsunderthenewbrandacrosscitiessuchasShanghai,Beijing,GuangzhouandShenzheninthenextfiveyears.Thebrandwillbemanagedindependently.BTGHomeinnsHotelsGroupoperatesoneofChina'slargestandfastestgrowingeconomyhotelchains,withabout3,900hotelsinmorethan400cities.Ithasabout600mid-scalehotelsacrossChina.Hyatt, Homeinns to set up JV to tap Chinese market#标题分割#HyattHotelsCorpandBeijing-basedBTGHotels(Group)CoLtdannouncedTuesdaythataffiliatesofHyatt,andHomeinnsHotelGroupofBTGHotels,hadenteredastrategicpartnershiptosetupajointventureandcreateanewhospitalitybrand.Thejointventurehasatotalinvestmentof500millionyuan(US.8million)andaregisteredcapitalof180millionyuan,withHomeinnsandHyattholding51percentand49percentstakesrespectively.Thebrand,tobenamedlater,aimstomeetthedemandofagrowingnumberofyoungtravelersintheupper-andmid-scalesegmentinChina,accordingtoHyatt."ThecombinationofHyatt'sexpertiseinpremiumhospitalitywithourlocalinsightandvastnetworkwillensureourcollaborationwillcreateopportunitiesandbenefitsforChinesetravelersaswellastheoverallhospitalityindustry,"saidDavidSun,chiefexecutiveofficerofHomeinnsHotelGroup."ThiscollaborationisexpectedtoprovideHyattwithdeepChinainsights,buildbrandawarenessandgrowloyaltywithanewsetoftravelers,"saidStephenHo,presidentforChina,GlobalOperationswithHyatt.ThejointventureisexpectedtounveilhotelsunderthenewbrandacrosscitiessuchasShanghai,Beijing,GuangzhouandShenzheninthenextfiveyears.Thebrandwillbemanagedindependently.BTGHomeinnsHotelsGroupoperatesoneofChina'slargestandfastestgrowingeconomyhotelchains,withabout3,900hotelsinmorethan400cities.Ithasabout600mid-scalehotelsacrossChina.

  Hyatt, Homeinns to set up JV to tap Chinese market#标题分割#HyattHotelsCorpandBeijing-basedBTGHotels(Group)CoLtdannouncedTuesdaythataffiliatesofHyatt,andHomeinnsHotelGroupofBTGHotels,hadenteredastrategicpartnershiptosetupajointventureandcreateanewhospitalitybrand.Thejointventurehasatotalinvestmentof500millionyuan(US.8million)andaregisteredcapitalof180millionyuan,withHomeinnsandHyattholding51percentand49percentstakesrespectively.Thebrand,tobenamedlater,aimstomeetthedemandofagrowingnumberofyoungtravelersintheupper-andmid-scalesegmentinChina,accordingtoHyatt."ThecombinationofHyatt'sexpertiseinpremiumhospitalitywithourlocalinsightandvastnetworkwillensureourcollaborationwillcreateopportunitiesandbenefitsforChinesetravelersaswellastheoverallhospitalityindustry,"saidDavidSun,chiefexecutiveofficerofHomeinnsHotelGroup."ThiscollaborationisexpectedtoprovideHyattwithdeepChinainsights,buildbrandawarenessandgrowloyaltywithanewsetoftravelers,"saidStephenHo,presidentforChina,GlobalOperationswithHyatt.ThejointventureisexpectedtounveilhotelsunderthenewbrandacrosscitiessuchasShanghai,Beijing,GuangzhouandShenzheninthenextfiveyears.Thebrandwillbemanagedindependently.BTGHomeinnsHotelsGroupoperatesoneofChina'slargestandfastestgrowingeconomyhotelchains,withabout3,900hotelsinmorethan400cities.Ithasabout600mid-scalehotelsacrossChina.Hyatt, Homeinns to set up JV to tap Chinese market#标题分割#HyattHotelsCorpandBeijing-basedBTGHotels(Group)CoLtdannouncedTuesdaythataffiliatesofHyatt,andHomeinnsHotelGroupofBTGHotels,hadenteredastrategicpartnershiptosetupajointventureandcreateanewhospitalitybrand.Thejointventurehasatotalinvestmentof500millionyuan(US.8million)andaregisteredcapitalof180millionyuan,withHomeinnsandHyattholding51percentand49percentstakesrespectively.Thebrand,tobenamedlater,aimstomeetthedemandofagrowingnumberofyoungtravelersintheupper-andmid-scalesegmentinChina,accordingtoHyatt."ThecombinationofHyatt'sexpertiseinpremiumhospitalitywithourlocalinsightandvastnetworkwillensureourcollaborationwillcreateopportunitiesandbenefitsforChinesetravelersaswellastheoverallhospitalityindustry,"saidDavidSun,chiefexecutiveofficerofHomeinnsHotelGroup."ThiscollaborationisexpectedtoprovideHyattwithdeepChinainsights,buildbrandawarenessandgrowloyaltywithanewsetoftravelers,"saidStephenHo,presidentforChina,GlobalOperationswithHyatt.ThejointventureisexpectedtounveilhotelsunderthenewbrandacrosscitiessuchasShanghai,Beijing,GuangzhouandShenzheninthenextfiveyears.Thebrandwillbemanagedindependently.BTGHomeinnsHotelsGroupoperatesoneofChina'slargestandfastestgrowingeconomyhotelchains,withabout3,900hotelsinmorethan400cities.Ithasabout600mid-scalehotelsacrossChina.Hyatt, Homeinns to set up JV to tap Chinese market#标题分割#HyattHotelsCorpandBeijing-basedBTGHotels(Group)CoLtdannouncedTuesdaythataffiliatesofHyatt,andHomeinnsHotelGroupofBTGHotels,hadenteredastrategicpartnershiptosetupajointventureandcreateanewhospitalitybrand.Thejointventurehasatotalinvestmentof500millionyuan(US.8million)andaregisteredcapitalof180millionyuan,withHomeinnsandHyattholding51percentand49percentstakesrespectively.Thebrand,tobenamedlater,aimstomeetthedemandofagrowingnumberofyoungtravelersintheupper-andmid-scalesegmentinChina,accordingtoHyatt."ThecombinationofHyatt'sexpertiseinpremiumhospitalitywithourlocalinsightandvastnetworkwillensureourcollaborationwillcreateopportunitiesandbenefitsforChinesetravelersaswellastheoverallhospitalityindustry,"saidDavidSun,chiefexecutiveofficerofHomeinnsHotelGroup."ThiscollaborationisexpectedtoprovideHyattwithdeepChinainsights,buildbrandawarenessandgrowloyaltywithanewsetoftravelers,"saidStephenHo,presidentforChina,GlobalOperationswithHyatt.ThejointventureisexpectedtounveilhotelsunderthenewbrandacrosscitiessuchasShanghai,Beijing,GuangzhouandShenzheninthenextfiveyears.Thebrandwillbemanagedindependently.BTGHomeinnsHotelsGroupoperatesoneofChina'slargestandfastestgrowingeconomyhotelchains,withabout3,900hotelsinmorethan400cities.Ithasabout600mid-scalehotelsacrossChina.

  Hyatt, Homeinns to set up JV to tap Chinese market#标题分割#HyattHotelsCorpandBeijing-basedBTGHotels(Group)CoLtdannouncedTuesdaythataffiliatesofHyatt,andHomeinnsHotelGroupofBTGHotels,hadenteredastrategicpartnershiptosetupajointventureandcreateanewhospitalitybrand.Thejointventurehasatotalinvestmentof500millionyuan(US.8million)andaregisteredcapitalof180millionyuan,withHomeinnsandHyattholding51percentand49percentstakesrespectively.Thebrand,tobenamedlater,aimstomeetthedemandofagrowingnumberofyoungtravelersintheupper-andmid-scalesegmentinChina,accordingtoHyatt."ThecombinationofHyatt'sexpertiseinpremiumhospitalitywithourlocalinsightandvastnetworkwillensureourcollaborationwillcreateopportunitiesandbenefitsforChinesetravelersaswellastheoverallhospitalityindustry,"saidDavidSun,chiefexecutiveofficerofHomeinnsHotelGroup."ThiscollaborationisexpectedtoprovideHyattwithdeepChinainsights,buildbrandawarenessandgrowloyaltywithanewsetoftravelers,"saidStephenHo,presidentforChina,GlobalOperationswithHyatt.ThejointventureisexpectedtounveilhotelsunderthenewbrandacrosscitiessuchasShanghai,Beijing,GuangzhouandShenzheninthenextfiveyears.Thebrandwillbemanagedindependently.BTGHomeinnsHotelsGroupoperatesoneofChina'slargestandfastestgrowingeconomyhotelchains,withabout3,900hotelsinmorethan400cities.Ithasabout600mid-scalehotelsacrossChina.Hyatt, Homeinns to set up JV to tap Chinese market#标题分割#HyattHotelsCorpandBeijing-basedBTGHotels(Group)CoLtdannouncedTuesdaythataffiliatesofHyatt,andHomeinnsHotelGroupofBTGHotels,hadenteredastrategicpartnershiptosetupajointventureandcreateanewhospitalitybrand.Thejointventurehasatotalinvestmentof500millionyuan(US.8million)andaregisteredcapitalof180millionyuan,withHomeinnsandHyattholding51percentand49percentstakesrespectively.Thebrand,tobenamedlater,aimstomeetthedemandofagrowingnumberofyoungtravelersintheupper-andmid-scalesegmentinChina,accordingtoHyatt."ThecombinationofHyatt'sexpertiseinpremiumhospitalitywithourlocalinsightandvastnetworkwillensureourcollaborationwillcreateopportunitiesandbenefitsforChinesetravelersaswellastheoverallhospitalityindustry,"saidDavidSun,chiefexecutiveofficerofHomeinnsHotelGroup."ThiscollaborationisexpectedtoprovideHyattwithdeepChinainsights,buildbrandawarenessandgrowloyaltywithanewsetoftravelers,"saidStephenHo,presidentforChina,GlobalOperationswithHyatt.ThejointventureisexpectedtounveilhotelsunderthenewbrandacrosscitiessuchasShanghai,Beijing,GuangzhouandShenzheninthenextfiveyears.Thebrandwillbemanagedindependently.BTGHomeinnsHotelsGroupoperatesoneofChina'slargestandfastestgrowingeconomyhotelchains,withabout3,900hotelsinmorethan400cities.Ithasabout600mid-scalehotelsacrossChina.Hyatt, Homeinns to set up JV to tap Chinese market#标题分割#HyattHotelsCorpandBeijing-basedBTGHotels(Group)CoLtdannouncedTuesdaythataffiliatesofHyatt,andHomeinnsHotelGroupofBTGHotels,hadenteredastrategicpartnershiptosetupajointventureandcreateanewhospitalitybrand.Thejointventurehasatotalinvestmentof500millionyuan(US.8million)andaregisteredcapitalof180millionyuan,withHomeinnsandHyattholding51percentand49percentstakesrespectively.Thebrand,tobenamedlater,aimstomeetthedemandofagrowingnumberofyoungtravelersintheupper-andmid-scalesegmentinChina,accordingtoHyatt."ThecombinationofHyatt'sexpertiseinpremiumhospitalitywithourlocalinsightandvastnetworkwillensureourcollaborationwillcreateopportunitiesandbenefitsforChinesetravelersaswellastheoverallhospitalityindustry,"saidDavidSun,chiefexecutiveofficerofHomeinnsHotelGroup."ThiscollaborationisexpectedtoprovideHyattwithdeepChinainsights,buildbrandawarenessandgrowloyaltywithanewsetoftravelers,"saidStephenHo,presidentforChina,GlobalOperationswithHyatt.ThejointventureisexpectedtounveilhotelsunderthenewbrandacrosscitiessuchasShanghai,Beijing,GuangzhouandShenzheninthenextfiveyears.Thebrandwillbemanagedindependently.BTGHomeinnsHotelsGroupoperatesoneofChina'slargestandfastestgrowingeconomyhotelchains,withabout3,900hotelsinmorethan400cities.Ithasabout600mid-scalehotelsacrossChina.

  Hyatt, Homeinns to set up JV to tap Chinese market#标题分割#HyattHotelsCorpandBeijing-basedBTGHotels(Group)CoLtdannouncedTuesdaythataffiliatesofHyatt,andHomeinnsHotelGroupofBTGHotels,hadenteredastrategicpartnershiptosetupajointventureandcreateanewhospitalitybrand.Thejointventurehasatotalinvestmentof500millionyuan(US.8million)andaregisteredcapitalof180millionyuan,withHomeinnsandHyattholding51percentand49percentstakesrespectively.Thebrand,tobenamedlater,aimstomeetthedemandofagrowingnumberofyoungtravelersintheupper-andmid-scalesegmentinChina,accordingtoHyatt."ThecombinationofHyatt'sexpertiseinpremiumhospitalitywithourlocalinsightandvastnetworkwillensureourcollaborationwillcreateopportunitiesandbenefitsforChinesetravelersaswellastheoverallhospitalityindustry,"saidDavidSun,chiefexecutiveofficerofHomeinnsHotelGroup."ThiscollaborationisexpectedtoprovideHyattwithdeepChinainsights,buildbrandawarenessandgrowloyaltywithanewsetoftravelers,"saidStephenHo,presidentforChina,GlobalOperationswithHyatt.ThejointventureisexpectedtounveilhotelsunderthenewbrandacrosscitiessuchasShanghai,Beijing,GuangzhouandShenzheninthenextfiveyears.Thebrandwillbemanagedindependently.BTGHomeinnsHotelsGroupoperatesoneofChina'slargestandfastestgrowingeconomyhotelchains,withabout3,900hotelsinmorethan400cities.Ithasabout600mid-scalehotelsacrossChina.Hyatt, Homeinns to set up JV to tap Chinese market#标题分割#HyattHotelsCorpandBeijing-basedBTGHotels(Group)CoLtdannouncedTuesdaythataffiliatesofHyatt,andHomeinnsHotelGroupofBTGHotels,hadenteredastrategicpartnershiptosetupajointventureandcreateanewhospitalitybrand.Thejointventurehasatotalinvestmentof500millionyuan(US.8million)andaregisteredcapitalof180millionyuan,withHomeinnsandHyattholding51percentand49percentstakesrespectively.Thebrand,tobenamedlater,aimstomeetthedemandofagrowingnumberofyoungtravelersintheupper-andmid-scalesegmentinChina,accordingtoHyatt."ThecombinationofHyatt'sexpertiseinpremiumhospitalitywithourlocalinsightandvastnetworkwillensureourcollaborationwillcreateopportunitiesandbenefitsforChinesetravelersaswellastheoverallhospitalityindustry,"saidDavidSun,chiefexecutiveofficerofHomeinnsHotelGroup."ThiscollaborationisexpectedtoprovideHyattwithdeepChinainsights,buildbrandawarenessandgrowloyaltywithanewsetoftravelers,"saidStephenHo,presidentforChina,GlobalOperationswithHyatt.ThejointventureisexpectedtounveilhotelsunderthenewbrandacrosscitiessuchasShanghai,Beijing,GuangzhouandShenzheninthenextfiveyears.Thebrandwillbemanagedindependently.BTGHomeinnsHotelsGroupoperatesoneofChina'slargestandfastestgrowingeconomyhotelchains,withabout3,900hotelsinmorethan400cities.Ithasabout600mid-scalehotelsacrossChina.Hyatt, Homeinns to set up JV to tap Chinese market#标题分割#HyattHotelsCorpandBeijing-basedBTGHotels(Group)CoLtdannouncedTuesdaythataffiliatesofHyatt,andHomeinnsHotelGroupofBTGHotels,hadenteredastrategicpartnershiptosetupajointventureandcreateanewhospitalitybrand.Thejointventurehasatotalinvestmentof500millionyuan(US.8million)andaregisteredcapitalof180millionyuan,withHomeinnsandHyattholding51percentand49percentstakesrespectively.Thebrand,tobenamedlater,aimstomeetthedemandofagrowingnumberofyoungtravelersintheupper-andmid-scalesegmentinChina,accordingtoHyatt."ThecombinationofHyatt'sexpertiseinpremiumhospitalitywithourlocalinsightandvastnetworkwillensureourcollaborationwillcreateopportunitiesandbenefitsforChinesetravelersaswellastheoverallhospitalityindustry,"saidDavidSun,chiefexecutiveofficerofHomeinnsHotelGroup."ThiscollaborationisexpectedtoprovideHyattwithdeepChinainsights,buildbrandawarenessandgrowloyaltywithanewsetoftravelers,"saidStephenHo,presidentforChina,GlobalOperationswithHyatt.ThejointventureisexpectedtounveilhotelsunderthenewbrandacrosscitiessuchasShanghai,Beijing,GuangzhouandShenzheninthenextfiveyears.Thebrandwillbemanagedindependently.BTGHomeinnsHotelsGroupoperatesoneofChina'slargestandfastestgrowingeconomyhotelchains,withabout3,900hotelsinmorethan400cities.Ithasabout600mid-scalehotelsacrossChina.

  Hyatt, Homeinns to set up JV to tap Chinese market#标题分割#HyattHotelsCorpandBeijing-basedBTGHotels(Group)CoLtdannouncedTuesdaythataffiliatesofHyatt,andHomeinnsHotelGroupofBTGHotels,hadenteredastrategicpartnershiptosetupajointventureandcreateanewhospitalitybrand.Thejointventurehasatotalinvestmentof500millionyuan(US.8million)andaregisteredcapitalof180millionyuan,withHomeinnsandHyattholding51percentand49percentstakesrespectively.Thebrand,tobenamedlater,aimstomeetthedemandofagrowingnumberofyoungtravelersintheupper-andmid-scalesegmentinChina,accordingtoHyatt."ThecombinationofHyatt'sexpertiseinpremiumhospitalitywithourlocalinsightandvastnetworkwillensureourcollaborationwillcreateopportunitiesandbenefitsforChinesetravelersaswellastheoverallhospitalityindustry,"saidDavidSun,chiefexecutiveofficerofHomeinnsHotelGroup."ThiscollaborationisexpectedtoprovideHyattwithdeepChinainsights,buildbrandawarenessandgrowloyaltywithanewsetoftravelers,"saidStephenHo,presidentforChina,GlobalOperationswithHyatt.ThejointventureisexpectedtounveilhotelsunderthenewbrandacrosscitiessuchasShanghai,Beijing,GuangzhouandShenzheninthenextfiveyears.Thebrandwillbemanagedindependently.BTGHomeinnsHotelsGroupoperatesoneofChina'slargestandfastestgrowingeconomyhotelchains,withabout3,900hotelsinmorethan400cities.Ithasabout600mid-scalehotelsacrossChina.Hyatt, Homeinns to set up JV to tap Chinese market#标题分割#HyattHotelsCorpandBeijing-basedBTGHotels(Group)CoLtdannouncedTuesdaythataffiliatesofHyatt,andHomeinnsHotelGroupofBTGHotels,hadenteredastrategicpartnershiptosetupajointventureandcreateanewhospitalitybrand.Thejointventurehasatotalinvestmentof500millionyuan(US.8million)andaregisteredcapitalof180millionyuan,withHomeinnsandHyattholding51percentand49percentstakesrespectively.Thebrand,tobenamedlater,aimstomeetthedemandofagrowingnumberofyoungtravelersintheupper-andmid-scalesegmentinChina,accordingtoHyatt."ThecombinationofHyatt'sexpertiseinpremiumhospitalitywithourlocalinsightandvastnetworkwillensureourcollaborationwillcreateopportunitiesandbenefitsforChinesetravelersaswellastheoverallhospitalityindustry,"saidDavidSun,chiefexecutiveofficerofHomeinnsHotelGroup."ThiscollaborationisexpectedtoprovideHyattwithdeepChinainsights,buildbrandawarenessandgrowloyaltywithanewsetoftravelers,"saidStephenHo,presidentforChina,GlobalOperationswithHyatt.ThejointventureisexpectedtounveilhotelsunderthenewbrandacrosscitiessuchasShanghai,Beijing,GuangzhouandShenzheninthenextfiveyears.Thebrandwillbemanagedindependently.BTGHomeinnsHotelsGroupoperatesoneofChina'slargestandfastestgrowingeconomyhotelchains,withabout3,900hotelsinmorethan400cities.Ithasabout600mid-scalehotelsacrossChina.Hyatt, Homeinns to set up JV to tap Chinese market#标题分割#HyattHotelsCorpandBeijing-basedBTGHotels(Group)CoLtdannouncedTuesdaythataffiliatesofHyatt,andHomeinnsHotelGroupofBTGHotels,hadenteredastrategicpartnershiptosetupajointventureandcreateanewhospitalitybrand.Thejointventurehasatotalinvestmentof500millionyuan(US.8million)andaregisteredcapitalof180millionyuan,withHomeinnsandHyattholding51percentand49percentstakesrespectively.Thebrand,tobenamedlater,aimstomeetthedemandofagrowingnumberofyoungtravelersintheupper-andmid-scalesegmentinChina,accordingtoHyatt."ThecombinationofHyatt'sexpertiseinpremiumhospitalitywithourlocalinsightandvastnetworkwillensureourcollaborationwillcreateopportunitiesandbenefitsforChinesetravelersaswellastheoverallhospitalityindustry,"saidDavidSun,chiefexecutiveofficerofHomeinnsHotelGroup."ThiscollaborationisexpectedtoprovideHyattwithdeepChinainsights,buildbrandawarenessandgrowloyaltywithanewsetoftravelers,"saidStephenHo,presidentforChina,GlobalOperationswithHyatt.ThejointventureisexpectedtounveilhotelsunderthenewbrandacrosscitiessuchasShanghai,Beijing,GuangzhouandShenzheninthenextfiveyears.Thebrandwillbemanagedindependently.BTGHomeinnsHotelsGroupoperatesoneofChina'slargestandfastestgrowingeconomyhotelchains,withabout3,900hotelsinmorethan400cities.Ithasabout600mid-scalehotelsacrossChina.

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