Jin Jiang Hotels Acquires US Hotel Group
Aggregated Source: ChinaMediaBlog.com
December 23, 2009|
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Shanghai-based Jin Jiang International Hotels is accelerating its overseas expansion plan with the acquisition of USA-based Interstate Hotels & Resorts.
Jin Jiang Hotels announced that its joint venture with Thayer Lodging Group, Hotel Acquisition Company LLC, has signed a merger agreement with Interstate Hotels & Resorts Inc. and Interstate Operating Company. LP and IHR will become [...]
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