I. Market Evolution & Major Players: China’s Budget Hospitality Transformation China’s budget hotel sector has undergone a structural metamorphosis, evolving from rudimentary lodgings into a $32 billion technological ecosystem serving 280 million annual travelers. This revolution is spearheaded by conglomerates leveraging vertically integrated operations and algorithmic revenue management to deliver exceptional value at ¥150-¥400/night price points. Three dominant entities control 74% market […]
Tag Archives: Motel 168
As a brand of China hotel Group, Haiyou hotel is positioned as an affordable hotel, which is committed to providing a happier and more valuable accommodation experience for guests with budget requirements. Since the confirmation of the positioning of affordable hotels in 2012, Haiyou hotel has continuously released the new version of VI system and […]