Company type | Subsidiary |
---|---|
Nasdaq: HMIN | |
Industry | Hotels |
Founded | 2002Beijing, China | , in
Headquarters | 124 Caobao Road, Xuhui District, Shanghai, China |
Area served | China |
Parent | Beijing Tourism Group |
Website | bthhotels |
Homeinns Hotel Group | |||||||
---|---|---|---|---|---|---|---|
Simplified Chinese | 如家酒店集团 | ||||||
Traditional Chinese | 如家酒店集團 | ||||||
Literal meaning | Like Home Hotel Group | ||||||
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BTG Homeinns is a hotel chain in China. [1] It is a part of BTH Hotels and its headquarters are in the Xuhui District,Shanghai. [2] [3]
Ctrip.com co-founders,Neil Shen and Ji Qi co-founded the chain in 2001, [4] [5] and it began in 2002. [3] Private equity funded the hotel chain. [6] In October 2006 it was listed on Nasdaq in the United States. IDG Ventures invested in the company,causing it to raise $109 million U.S. dollars in its 2006 Nasdaq listing. [4]
In 2007 Home Inn considered building hotels in Taiwan. [7] In October 2007 Home Inn purchased Top Star,a hotel company that had been established two years prior. The transaction netted Home Inn an additional 26 hotels. As of 2008 the company had around 250 hotels,and Home Inn,Motel 168 and Jinjiang Inn together controlled 44% of China's budget hotel market. At that time the company planned to increase the number to 1,000 and to open outlet in other Asian countries. [4] The chain acquired Motel 168 in October 2011. [3]
In December 2015 BTG Hotels (of the Beijing Tourism Group) announce will acquire Home Inn chain for 11 billion renminbi (1.7 billion U.S. dollars). [8]
In April 2016,Home Inn completed the Going Private Transaction and sold to BTG Hotels. [9]
Home Inn is the largest budget hotel chain in China,and it was the first budget chain that was established in China. [10] Brands include Home Inn (Chinese :如家酒店; pinyin :RújiāJiǔdiàn),Motel 168,Yitel (和颐酒店;HéyíJiǔdiàn),and Fairyland Hotel (simplified Chinese :云上四季连锁酒店; traditional Chinese :雲上四季連鎖酒店; pinyin :Yúnshàng SìjìLiánsuǒJiǔdiàn). Yitel is a business-oriented brand of Home Inn. [11]
A motel,also known as a motor hotel,motor inn or motor lodge,is a hotel designed for motorists,usually having each room entered directly from the parking area for motor vehicles rather than through a central lobby. Entering dictionaries after World War II,the word motel,coined as a portmanteau of "motor hotel",originates from the defunct motel named Milestone Mo-Tel in San Luis Obispo,California,which was built in 1925. The term referred to a type of hotel consisting of a single building of connected rooms whose doors faced a parking lot and in some circumstances,a common area or a series of small cabins with common parking. Motels are often individually owned,though motel chains do exist.
Xuhui District is a core urban district of Shanghai. It has a land area of 54.76 km2 (21.14 sq mi) and a population of 1,113,078 as of 2020. Xuhui District has 12 subdistricts and two townships.
Changning is a district of Shanghai,China. It has a land area of 37.19 square kilometres (14.36 sq mi) and had a population of 620,000 as of 2003. The district government is located at 1320 Yuyuan Rd.
Minhang District is a suburban district of Shanghai with a land area of 371.57 km2 (143.46 sq mi) and population of 2,653,489 residents as of 2020. The original Minhang consist of present-day Jiangchuan Road Subdistrict and the eastern strip of Wujing along the Huangpu River in 1992,the surrounding Shanghai County merged with Minhang.
Days Inn is a hotel chain headquartered in the United States. It was founded in 1970 by Cecil B. Day,who opened the first location in Tybee Island,Georgia. The brand is now a part of the Wyndham Hotels and Resorts,headquartered in Parsippany,New Jersey,which used to be a part of Cendant. As of December 31,2023,Days Inn includes 1,501 locations worldwide with 114,216 rooms.
Changping District,formerly Changping County (昌平县),is a district situated in the suburbs of north and northwest Beijing. Changping has a population of 2,269,487 as of November 2020,making it the most populous suburban district of Beijing.
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.
Knights Inn is an American full-limited service hotel chain owned by Red Lion Hotels Corporation and based in Denver,Colorado. Knights Inn used to be built with all-exterior corridors and medieval-inspired architecture,but the chain now has updated options for all Knights Inn properties.
Hopson Development Holdings Limited or Hopson Development,established in Guangzhou,China in 1992,is one of the five largest real estate private companies in Guangdong Province. It focuses on property developments,including residential property,commercial property,hotel and tourist property,and property management business,in major Mainland cities such as Guangzhou,Beijing,Tianjin and Shanghai.
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.
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
Trip.com Group Limited is a multinational travel agency founded in New York and headquartered in Shanghai,China. It is the largest online travel agency in China and one of the largest travel service providers in the world.
7 Days Group Holdings Limited,operating as 7 Days Inn,is a Chinese budget hotel chain. It was established in 2005. It has its headquarters in the Creative Industry Zone in Haizhu District,Guangzhou.
Vienna Hotel Group Limited,operating as Vienna Hotels is a hotel chain in China,headquartered in Shenzhen North Railway Station,Bao'an District,Shenzhen.
H World Group Limited,formerly Huazhu Hotels Group in English,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. Its headquarters are in Jiading District,Shanghai.
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.
James Jianzhang Liang is a Chinese American social scientist and businessman. He is the executive chairman,former CEO,and co-founder of Trip.com Group. Liang is a research professor of applied economics at Peking University,conducting research on demographics and social sciences. Liang has been vocal on China's population policies since 2012 and in generating public interest in issues such as education and urban planning.
The Beijing Tourism Group is a Chinese state-owned enterprise operating in various areas of tourism,including travel agencies,dining,hotels,shopping and entertainment. It is headquartered in Beijing Municipal Administrative Center in Tongzhou District,Beijing.
Rosewood Hotel Group,also known for its former trading names New World Hotel Group,New World Hospitality and legal names New World Hotel Management (BVI) Limited,New World Hotel Management Limited is a Hong Kong-based multi-national hotel management group and the parent company of Rosewood Hotels &Resorts. The company is incorporated in the British Virgin Islands as an offshore company. As of 2016,Rosewood Hotel Group was owned by Chow Tai Fook Enterprises,having acquired Rosewood Hotel Group in 2015 from Chow Tai Fook Enterprises' listed associate company New World China Land for HK$1.96 billion.
Neil Shen is a Chinese Venture Capitalist and entrepreneur who is the founding and managing partner of HongShan,formerly known as Sequoia China,the Chinese arm of venture capital firm,Sequoia Capital. Prior to that,he was a co-founder of two companies,Ctrip.com and Home Inn.
Media related to Home Inn at Wikimedia Commons