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China Lodging completes acquisition of Crystal Orange Hotel

05/31/2017|11:12:22 AM|

China Lodging Group (Huazhu Hotels) announced that it has closed the acquisition of Crystal Orange Hotels for RMB 3.65 billion (USD 540 million).

Accor Hotels holds 10.2% and Ctrip holds 7.5% equity of Huazhu

04/22/2019|6:10:46 PM|

As of December 31, 2018, Huazhu operated 4,230 hotels in China with hotel network covered 403 cities in 32 provinces and municipalities across China.

China Lodging Group buys Crystal Orange Hotel for $540 million

02/27/2017|9:39:22 AM|

China Lodging Group (Huazhu Hotels) announced an agreement to buy 100% stake in boutique hotel operator Crystal Orange for RMB 3.65 billion (USD 540 million).

ChinaTravelNews annual roundup: Major events of year 2017

12/18/2017|2:15:13 PM|

In 2017, the World Tourism Alliance was set up, ITB debuted in Shanghai, China banned tours to S. Korea, Priceline invested in Meituan to compete with Ctrip, and local home-sharing is on the rise while Airbnb is slow to localize...

China Lodging expects 23%-26% revenue growth with Crystal Orange acquisition

08/17/2017|8:00:45 PM|

China Lodging Group (Huazhu) raises net revenues growth range to 23%-26% given the consolidation of its Crystal Orange Hotel acquisition and better-than-expected performance in 2017.

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