Home Inns gets listed
Print Edition
SHANGHAI-BASED Home Inns yesterday signed a deal to have its 3,000 outlets listed on German hotel-booking website HRS.com.
Sun Jian, chief executive of the Nasdaq-listed chain, said the company “hopes to attract more corporate travelers through our cooperation with HRS,” which is geared toward the business market.
There is a rising demand for accommodation in China among business travelers, said Tobias Ragge, CEO of HRS, adding that Home Inns offers a wide range of hotel options.
According to a report by the Global Business Travel Association, China last year overtook the United States to become the world’s largest corporate travel market, with a value of US$153 billion.
Shanghai, which is home to the headquarters of more than 500 multinational corporations, welcomes more business travelers than any other city in China, followed by Beijing and Guangzhou, capital of south China’s Guangdong Province.
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