Inno-Tech Holdings Invests RMB10.2 Million For Budget Hotels JV
Aggregated Source: China Hospitality News
May 26, 2008|
Inno-Tech Holdings Limited has announced that it has invested RMB10.2 million to form a new joint venture with Zhejiang Hexiang Group to develop a business in the Chinese budget hotel sector.
An initial registered capital of this new joint venture is RMB20 million consisting of RMB10.2 million from Inno-Tech Holdings and RMB9.8 million from Zhejiang Hexiang [...]
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Copyright China Hospitality News
Original URL: Click here to visit original article
Copyright China Hospitality News
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