Home Inns Launches New Brand In China

Chinese budget hotel chain Home Inns intends to develop in the domestic medium- and high-end business hotel market to improve its overall operating profit margin.

Beijing Business Hotel Rates Increase By 15%

Data published by Ctrip.com indicates that from the middle of October, due to various meetings and exhibitions coming to Beijing, the booking rates of four- and five-star hotels in the city have increased by more than 15% compared to September 2008.