7天酒店; pinyin :Qītiān Jiǔdiàn; Jyutping :Cat1tin1 Zau2dim3),is a Chinese budget hotel chain. It was established in 2005. [2] It has its headquarters in the Creative Industry Zone [3] in Haizhu District,Guangzhou. [4] [5]
7 Days Inn was established in 2005. Guangzhou was the location of the company's founding. [6]
In 2006,Warburg Pincus invested US$10 million. In 2007,Merrill Lynch,Deutsche Bank,and Warburg Pincus further invested a combined total of US$95 million. [2] In 2008,Actis Capital led a US$65 million investment in 7 Days Inn,in which Warburg Pincus again participated. [7] Despite losses amounting to ¥209.9 million (US$30.8 million) in 2008 and ¥9.3 million (US$1.4 million) in the first three quarters of 2009,it listed on the New York Stock Exchange in September 2009,issuing 10.1 million American Depositary Shares (representing 20.6% of the company) at US$11/share,raising a total of $111.1 million. CEO Zhang retained a 13.4% stake. 7 Days Inns' failure to turn a profit up to that point meant they were unable to make an offering of A shares in China. [8]
In July 2013,the founders of 7 Days Inn,Mr. Boquan He,Mr. Nanyan Zheng,Mr. Chien Lee,Ms. Qiong Zhang together with Carlyle Group and Sequoia Capital took 7 Days Inn private for US$688 million and 7 Days Inn became the Plateno Hotels Group; [9] this meant 7 Days Inn was no longer listed on the New York Stock Exchange. [6]
In 2015 Jinjiang Hotels bought 81% of Keystone Lodging,the holding company of Plateno Hotels,now the parent company of 7 Days Inn,for 8.3 billion renminbi (US$1.3 billion), [10] which meant it now controlled 7 Days Inn. [11]
7 Days Inn is based in Guangzhou,Guangdong China and founded in 2005,the hotel chain has grown from 5 hotels in 2 cities in 2005 to 283 hotels in 41 cities when it listed on the New York Stock Exchange in September 2009, [12] As of 2009 its CEO is Zheng Nanyan. [13] [8] by end of 2014,7 days Inn had 2000 hotels in 320 cities and became one of the largest budget hotel chain in China [14] 7 Days Inn is a sponsor of the French football club OGC Nice. [15]
Warburg Pincus LLC is a global private equity firm,headquartered in New York City,with offices in the United States,Europe,Brazil,China,Southeast Asia and India. Warburg has been a private equity investor since 1966. As of October 2023 the firm had over $82 billion in assets under management and invests in a range of sectors including retail,industrial manufacturing,energy,financial services,health care,technology,media,and real estate. Warburg Pincus is a growth investor. Warburg Pincus has raised 21 private equity funds which have invested over $100 billion in over 1,000 companies in 40 countries.
Haizhu District is one of 11 urban districts of the prefecture-level city of Guangzhou,the capital of Guangdong Province,China.
Super 8 by Wyndham,commonly known as Super 8,is an American hotel brand,being the world's largest budget hotel chain with over 2,600 locations worldwide. The chain is a subsidiary of Wyndham Hotels and Resorts. The original room cost was $8.88 per night. As of December 2022,the brand website listed 2,691 hotels worldwide.
Hampton by Hilton,formerly Hampton Inn or Hampton Inn &Suites,is an American chain of hotels trademarked by Hilton Worldwide. The Hampton hotel brand is a chain of moderately priced,budget to midscale limited service hotels with limited food and beverage facilities. Most Hampton hotels are independently owned and operated by franchisees,though a few are managed by Hilton. Hampton by Hilton is one of the largest hotel franchises in the U.S. As of March 2024,the Hampton franchise includes 3,000 hotels in 40 countries and territories.
The White Swan Hotel is a 28-story luxury hotel in Guangzhou,Guangdong,China,located on Shamian Island,overlooking the Pearl River and facing the White Swan Pool. The hotel is reached by its own private 635 metres (2,083 ft) causeway.
AmRest is a European multinational casual dining,fast-food restaurant and coffee shop operator headquartered in the Spanish capital,Madrid . The company runs more than 2300 locations,mostly franchises of KFC,Pizza Hut and Starbucks,and also Burger King until 2022,but also operates its own brands of restaurants. Apart from Spain,AmRest operates in Bulgaria,China,Croatia,Czech Republic,France,Germany,Hungary,Poland,Romania,Russia,Serbia,Slovakia,Slovenia,and others.
China Huiyuan Juice Group Limited,established in 1992 and headquartered in Beijing,is the largest privately owned juice producer in China. It is engaged in the manufacture and sales of juice and other beverage products. Its products include fruit juice and vegetable juice,nectars,bottled water,tea,and dairy drinks.
Actis is a global investment firm focused on the private equity,energy,infrastructure,and real estate asset classes.
Jin Jiang International (Holdings) Co.,Ltd. is a tourism and hospitality company headquartered in Shanghai,China,and owned by the Shanghai Municipal People's Government.
Airtel Digital TV is an Indian subscription based satellite television provider owned by Bharti Telemedia Limited,a wholly-owned subsidiary of Bharti Airtel. It launched DTH satellite television service in India on 9 October 2008.
Days Inn China is the registered trademark of Days Inns Worldwide for Greater China market. Established in 2004,Days Inn China is one of the fastest growing hotel chains in China today,with hotel franchise and management agreements in more than 80 cities. Days Inn China master franchise is held and managed by Wyndham Group USA
Lionel I. Pincus was an American businessman and philanthropist. He was the founder of the private equity firm Warburg Pincus,running it from 1966 to 2002,and later became the chairman emeritus of the company.
Vienna Hotel Group Limited,operating as Vienna Hotels is a hotel chain in China,headquartered in Shenzhen North Railway Station,Bao'an District,Shenzhen.
BTG Homeinns is a hotel chain in China. It is a part of BTH Hotels and its headquarters are in the Xuhui District,Shanghai.
Huazhu Hotels Group,also known as H World Group Limited,is a hotel management company in China. In 2010,H World Group was listed on Nasdaq;in September 2020,H World Group achieved a secondary listing on the Main Board of the Hong Kong Stock Exchange. and in January 2023,H World was listed in the Hurun China 500 Most Valuable Private Companies 2022 and ranked No. 126.
Motel 168 is a hotel brand of Home Inn. It used to belong to Shanghai Motel Management Co.,Ltd. The company was owned by Shanghai Merrylin Restaurant Management Co.,Ltd and Merrylin Hotel Management Co.,Ltd. The Shanghai Merrylin company had its headquarters in Changning District,Shanghai.
Chien Lee is a Chinese-American entrepreneur,investor,and sports team owner. He has built a multi-club ownership model,owns multiple professional European football clubs and is a well-known investor in European football.
Network International Holdings provides technology-enabled payments as a service to merchants and financial institutions in the Middle East and Africa. It is listed on the London Stock Exchange and is a constituent of the FTSE 250 Index.
Vietnam Technological and Commercial Joint Stock Bank,commonly referred to as Techcombank,is a publicly listed Vietnamese bank. Its shares are traded on the Ho Chi Minh City Stock Exchange under ticker TCB.