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Beijing Tourism Group

From Wikipedia, the free encyclopedia

Beijing Tourism Group
State-owned enterprise
IndustryTourism
FoundedFebruary 1998; 22 years ago (1998-02) in Beijing, China
Headquarters,
Websitewww.btg.com.cn/en/

The Beijing Tourism Group (BTG; Chinese: 北京首旅集团) is a Chinese state-owned enterprise operating in various areas of tourism, including travel agencies, dining, hotels, shopping and entertainment. It is headquartered in Chaoyang district, Beijing.[1]

Operations

The company has six divisions:[2]

History

BTG was established in February 1998.[2]

In 2004 it merged with Beijing New Yansha Group (the developer of the Golden Resources Mall), restaurant operators Quanjude and Donglaishun, and the Antique City Group.[3]

In 2015 BTG bought the Home Inn hotel chain for 11 billion RMB.[4]

In 2016 it had RMB 73 billion in assets and RMB 44 billion in revenue.[5]

In 2017, China launched the World Tourism Alliance with the support of the BTG.[6]

References

  1. ^ "Beijing Tourism Group Co., Ltd.: Private Company Information". Business Week.
  2. ^ a b "Beijing Tourism Group (BTG) – 11 years of growth". China Travel Trends. China Daily. September 29, 2009. Retrieved 8 June 2018.
  3. ^ Xu, Dashan. "Beijing tourism players form alliance". China Daily. Archived from the original on 2018-06-12.
  4. ^ "China's BTG Hotels to acquire economy hotel chain Homeinns for $1.7 bln". Reuters. 2015-12-08. Retrieved 2018-01-25.
  5. ^ "Beijing Tourism Group". World Tourism Alliance. Retrieved 8 June 2018.
  6. ^ Hamdi, Raini. "China Challenges WTTC With Launch of Global Tourism Group". Skift. Retrieved 8 June 2018.
This page was last edited on 3 April 2020, at 03:17
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