Hoteliers eye outbound deals for business growth
By Fan Feifei and Zheng Xin | China Daily | Updated: 2014-12-29 07:26
Mid-range chains expand across Asia, spurred by Chinese tourists
China's express or mid-range hotel brands are rapidly expanding across Asia, propelled by the impressive growth of Chinese outbound tourism.
In 2011, Jinjiang Inn, a major express hotel brand founded in 1996 in Shanghai, took a step toward overseas expansion through partnership with Oishi, a Philippines-based company best-known for its snack brands. This marked the first overseas Chinese express hotel to be built on a grand scale.
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