Beijing Tourism Group
 | |
.jpg) BTG headquarters | |
| Company type | State-owned enterprise |
|---|---|
| Industry | Tourism |
| Founded | February 1998 in Beijing, China |
| Website | www |
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]
- BTG Homeinns — Hotels and resorts
- Travel agencies
- Shopping
- Restaurants
- Coaches and taxis
- Scenic spots
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
- ^ "Beijing Tourism Group Co., Ltd.: Private Company Information". Business Week.
- ^ a b "Beijing Tourism Group (BTG) – 11 years of growth". China Travel Trends. China Daily. September 29, 2009. Retrieved 8 June 2018.
- ^ Xu, Dashan. "Beijing tourism players form alliance". China Daily. Archived from the original on 2018-06-12.
- ^ "China's BTG Hotels to acquire economy hotel chain Homeinns for $1.7 bln". Reuters. 2015-12-08. Retrieved 2018-01-25.
- ^ "Beijing Tourism Group". World Tourism Alliance. Retrieved 8 June 2018.
- ^ Hamdi, Raini. "China Challenges WTTC With Launch of Global Tourism Group". Skift. Retrieved 8 June 2018.