The always entertaining Richard Quest takes us inside the Chinese budget hotel chain inspired by Accor and driven by the booming middle class economy in China.
China’s economic success has created a fast-growing middle class and an explosion in domestic travel. Cashing in on the travel boom is one hotel chain that’s expanding so fast, it’s opening a new property every two days.
Budget hotel chain Hanting Inns was founded by billionaire businessman Ji Qi seven years ago. Today it has 1,000 properties in China, across four brands, and Ji expects Hanting to be the world’s biggest hotel chain by 2020.
Subscribe to Skift Pro
Subscribe to Skift Pro to get unlimited access to stories like these ($30/month)Subscribe Now
U.S. Hotel Performance Slips While China Roars Back to Life
The U.S. and China are riding a hotel performance see-saw where one goes up as the other comes down. But travel analysts and executives are downplaying the notion the Delta variant is going to lead to a travel doomsday scenario over the fall and winter.
Cameron Sperance | 5 days ago
Chinese Travelers Still See U.S. as Most Unsafe for Travel
Got the pandemic under control? That remains a key factor for Chinese tourists to go abroad, a new sentiment survey from Dragon Trail shows. None of that "living-with-the-virus" approach that some Asian destinations are starting to embrace.
Lebawit Lily Girma | 6 days ago
IHG Locked in Fierce Luxury Competition and 11 Other Top Travel Stories This Week
In Skift's top stories this week, IHG makes further inroads in the luxury sector, the travel industry grapples with the prolonged absence of Chinese visitors, 2021 emerges as the year of travel companies going public, and the trend of tour operator mergers continues.
Rashaad Jorden, Skift | 4 weeks ago