Summary | China's vibrant budget hotel sector, still suffering
a bit from Expo hangover (previous post), has taken its latest
move to ease the pain with the acquisition of a mid-sized
player by 7 Days (NYSE: SVN), one of the industry's leaders.
(company announcement) In this case, 7 Days is buying Huatian
Hotel Group (Shenzhen: 000428), a ...
youngchinabiz.com | 04 April 2016