[photopress:homeinn.jpg,full,alignright]Chinese budget hotel chain, Home Inn, opened three new hotels in Qingdao during this year’s Qingdao Beer Festival. The three hotels are Home Inn Taipingjiao, Home Inn Guizhou Road and Home Inn Shangdong Road. Including these three signed franchise hotels, Home Inn has about 150 hotels covering more than 40 cities in China, and is becoming one of the largest budget hotel brands in China.
- In eastern China, it has made Shanghai its base and spread over the entire Yangtze Delta area.
- In northern China, it has expanded from Beijing and Tianjin to northeast China where it has already opened outlets in Dalian, Shenyang and Harbin.
- In southern China, it is focused on the Pearl River Delta, and has launched hotels in Shenzhen, Guangzhou, Zhongshan, Xiamen and Zhuhai.
- In southwest China, its hotels are in Chengdu, Chongqing and Xi’an.
In the future, Home Inns will focus on opening new hotels in provincial capitals and cities whose GDP are over RMB100 billion. It wants to open 180 hotels by the end of this year and is planning to list its shares on NASDAQ in the next two months.
Source: China Hospitality News