industry

Yantai Hanting Hotel, owned by Han Ting Hotel Group, has been opened up recently in Yantai city, Shandong province. The hotel is the first one opened up by Hanting Hotel Group in Yantai, with total room areas of 6,000 square meters and more than 1,000 beds. In early 2005, Ji Qi ...
According to the report released by 7 Days Inn Group, as one of the leading hotel chain in China, the group witnessed a rapid growth in terms of its membership in the third quarter of this year. The number of members of 7 Days Inn Group is over 14 million, surging 60.8% compared ...
Zhang Lan, President of South Beauty, tells reporters that her company is accelerating its expansion plan in inland cities of China, and will open 30 restaurants in 2011, which makes the total number to around 90. Besides, the restaurant chain is looking for target companies of ...
In the evening of November 19, as the first Chinese hot pot company listed in Hong Kong, Little Sheep Group declared that it will purchase 12.6% shares of its subsidiary Inner Mongolia Meat Company from Inner Mongolia Rixin Investment Company with 13.63 million CNY. After the ...
The first Quanjude Food Store is opened on Dec. 25th 2010 at Beijing Capital International Airport. The store is authorized by Beijing Quanjude Food Limited and is operated by Beijing Capital Airport Trading Company Limited. The new store provides seven new kinds of products and ...
By importing Indian food and opening more restaurants, the Zhuhai-based India Kitchen group is building a spices kingdom in China with an annual sales revenue beyond $10 million. "As the population from Arabic regions increases fast in China, we are seeing a large demand in curry ...
The chain pizza restaurant Pizza Hut has announced that its 500th pizza restaurant in China has opened in Lanzhou, capital of Gansu province. According to Zhu Zongyi, president for the China business department of Yum Brands, parent company of Pizza Hut, over the next two years ...
Home Inns announces its 2011 expansion plan on Jan. 7th, which says the company will open 260-280 new hotels this year and the number of its hotels will reach 1100 by the end of the year. If materialized, the plan will set a record growth rate of opening new economy hotels in ...
The price tag of Pepsi Cola changed in Carrefour yesterday, with almost no one noticing it. A worker in the supermarket said, The prices actually change, with the price of 2.5L Pepsi Cola and Mirinda increasing from 4.5 Yuan to 5.5 Yuan and 2.5L Seven-Up rising by 0.5 Yuan. But ...
Starbucks biggest store in Chinese mainland is opened on Jan. 5th in Xiamen. The location is set in a traditional building that is sparkled with Chinese cultural features. As for the controversy triggered by the Starbucks store in the Imperial Palace in Beijing, Wang Jinlong, ...
Chinese movie goers' passion for big screen movies, aroused by Avatar, appears to see no signs of fading away, given growing number of IMAX theaters available in the country. But industry insiders said Monday that weak investment returns may cast dim light on IMAX's further ...
China UnionPay and American Express announced that they have signed a memorandum of understanding that calls for both companies to explore the expansion of their current cooperative activities. For the past several years, China UnionPay and American Express have reportedly ...
As other cafes raise prices of their products, Starbucks can no longer withstand the pressure. However, Starbucks did not provide higher prices for all its foods and drinks and the company chose to lower some of them. Meanwhile, the leading coffee chain becomes interested in ...
Starwood Hotels & Resorts Worldwide, Inc. (NYSE: HOT) today announced that its global powerhouse Sheraton Hotels & Resorts will open three more hotels in China before the end of January, including its third in Shanghai and first hotel in Wenzhou, one of the most developed ...
Taiwan-based coffeehouse operator 85C opened its first outlet in mainland China in December 2007 after vanquishing Starbucks to conquer its home market. Upon arrival, the company expanded rapidly in Shanghai and fought for the best sites by offering higher rents than competitors. ...
Christmas trees decorated with stars and presents, seasonal songs and fancy dinners on Christmas Eve are not considered enough to attract local customers to Chinese hotels. This year, performances will include comedians and celebrity magicians in a move that is heating up the ...
The main colors change from red and yellow to black and white, with sofas replacing wooden chairs and graffiti covering all the walls. This is the new interior design of McDonald s Wangfujing Outlet. By 2013, 80% of McDonald s in China will have adopted the Less is More (LIM) ...
The Dubai luxury hotel company Jumeirah Group said it plans to significantly expand in China over the next couple of years, because the rising number of wealthier domestic consumers and international tourists are expected to create a huge demand for luxury hotels in the country. ...
During Starbucks' recent investor conference, the company announced plans for even greater China growth. "Strong fundamentals and customer demand provide the company with the foundation to accelerate growth into established markets, such as Canada and Japan, and new or emerging ...
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Bill Gates talks nuclear
Bill Gates talks nuclear
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