Beijing_Tourism_Group

Beijing Tourism Group

Beijing Tourism Group

Company based in Beijing

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.[1] It is headquartered in Beijing Municipal Administrative Center in Tongzhou District, Beijing.[2]

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Operations

The company has six divisions:[3]

History

BTG was established in February 1998.[3]

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.[4]

In 2015 BTG bought the Home Inn hotel chain for 11 billion RMB.[5]

In 2016 it had RMB 73 billion in assets and RMB 44 billion in revenue.[6]

In 2017, China launched the World Tourism Alliance with the support of the BTG.[7]

References

  1. [1]
    "Beijing Tourism Group Co., Ltd.: Private Company Information". Business Week. Archived from the original on April 15, 2008.
  2. [2]
    曲经纬 (2021-04-29). "18天！首旅集团总部搬进城市副中心". 北京城市副中心报. Retrieved 2021-04-29.
  3. [3]
    "Beijing Tourism Group (BTG) – 11 years of growth". China Travel Trends. China Daily. September 29, 2009. Retrieved 8 June 2018.
  4. [4]
    Xu, Dashan. "Beijing tourism players form alliance". China Daily. Archived from the original on 2018-06-12.
  5. [5]
    "China's BTG Hotels to acquire economy hotel chain Homeinns for $1.7 bln". Reuters. 2015-12-08. Retrieved 2018-01-25.
  6. [6]
    "Beijing Tourism Group". World Tourism Alliance. Retrieved 8 June 2018.
  7. [7]
    Hamdi, Raini. "China Challenges WTTC With Launch of Global Tourism Group". Skift. Retrieved 8 June 2018.
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