Business Intelligence on Retailing, Franchising, and Consumerism in China

Ningbo Nanyuan Group Enters Franchised Budget Hotel Business

The Nanyuan Group, a Ningbo-based enterprise that is engaged diversified businesses including hotel management, food, property and real estate, has opened a budget hotel outlet called Nanyuan Business Inn in Ningbo.

The Group plans to open more than 200 Nanyuan Business Inns in China in the Yangtze River region in the next few years.

The company says the Nanyuan Business Inn has the same facilities with those at the five-star Nanyuan Hotel, but its price is much lower.

Three new Nanyuan Business Inns are currently under construction and will soon open in Ningbo.

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