{"id":34787,"date":"2005-09-27T23:39:38","date_gmt":"2005-09-27T15:39:38","guid":{"rendered":"http:\/\/www.chinahospitalitynews.com\/2005\/09\/27\/lenovos-sister-finance-company-eyeing-budget-hotel-services\/"},"modified":"2005-09-27T23:39:38","modified_gmt":"2005-09-27T15:39:38","slug":"lenovos-sister-finance-company-eyeing-budget-hotel-services","status":"publish","type":"post","link":"https:\/\/www.chinahospitalitynews.com\/cn\/2005\/09\/27\/34787\/","title":{"rendered":"Lenovo's Sister Finance Company Eyeing Budget Hotel Services"},"content":{"rendered":"<p><img decoding=\"async\" height=\"60\" src=\"http:\/\/www.chinahospitalitynews.com\/images\/legendcapital_logo_120x60.gif\" width=\"120\" align=\"right\">Lenovo's sister company under Legend Holdings Ltd., Legend Capital, might be looking at soon investing in budget hotels.<\/p>\n<p><!--more--><\/p>\n<p>Xu Zhendong from Legend Investment has told local media that his company desires to share a piece of the hot action currently going on in China's budget hotel sector.<\/p>\n<p>According to Xu, Legend Investment would prefer making investments in some established budget hotels instead of creating a new brand itself.<\/p>\n<p>Rumors in the hospitality industry say that Legend Investment might partner might be GreenTree Inn, an international budget hotel chain that is rapidly expanding in Asia and China.<\/p>\n<p><i>Note: This article was updated on September 28, 2005, at 16:46 (Beijing Time) to reflect translation errors in the name of the investment company and its relationship with Lenovo Group Ltd. -Ed.<\/i><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Lenovo's sister company under Legend Holdings Ltd., Legend Capital, might be looking at soon investing in budget hotels.<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[12723],"tags":[],"class_list":["post-34787","post","type-post","status-publish","format-standard","hentry","category-english"],"_links":{"self":[{"href":"https:\/\/www.chinahospitalitynews.com\/cn\/wp-json\/wp\/v2\/posts\/34787","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.chinahospitalitynews.com\/cn\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.chinahospitalitynews.com\/cn\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.chinahospitalitynews.com\/cn\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.chinahospitalitynews.com\/cn\/wp-json\/wp\/v2\/comments?post=34787"}],"version-history":[{"count":0,"href":"https:\/\/www.chinahospitalitynews.com\/cn\/wp-json\/wp\/v2\/posts\/34787\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.chinahospitalitynews.com\/cn\/wp-json\/wp\/v2\/media?parent=34787"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.chinahospitalitynews.com\/cn\/wp-json\/wp\/v2\/categories?post=34787"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.chinahospitalitynews.com\/cn\/wp-json\/wp\/v2\/tags?post=34787"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}