In this interview, Mr. Chien Lee talks about chasing the middle class, ponders the difficulties currently being faced by the big luxury hotel groups.
Carlyle Group has developed a taste for the Chinese hotel industry and its investment pace in the sector this year is expected to remain solid.
7 Days Group Holdings Ltd, China's second-largest economy hotel chain, announced Wednesday the closing of its privatization deal as it was delisted from the New York Stock Exchange and purchased by a new hotel group, Plateno.
7 Days Group Holdings Limited ("7 Days Group" or the "Company") (NYSE: SVN), a leading economy hotel chain based in China, today announces an update on its business strategy and share repurchase program.
7 Days Group Holdings Limited("7 Days" or the "Company"), a leading economy hotel chain based in China, announced today that it has completed its acquisition of 100% ownership of Hunan Huatian Star Hotel Management Limited ("Huatian Star") from Huatian Star"s parent company, Huatian Hotel Group Co. Ltd.
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