Beijing Tourism Group

Beijing Tourism Group
Company typeState-owned enterprise
IndustryTourism
FoundedFebruary 1998; 26 years ago (1998-02) in Beijing, China
Websitewww.btg.com.cn/en/
Beijing Tourism Group
Simplified Chinese北京首旅集团
Traditional Chinese北京首旅集團
Transcriptions
Standard Mandarin
Hanyu PinyinBěijīng Shǒu Lǚ Jítuán

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]

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]

Operations

The company has six divisions:[3]

References

  1. ^ "Beijing Tourism Group Co., Ltd.: Private Company Information". Business Week. Archived from the original on April 15, 2008.
  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. ^ a b "Beijing Tourism Group (BTG) – 11 years of growth". China Travel Trends. China Daily. September 29, 2009. Retrieved 8 June 2018.
  4. ^ Xu, Dashan. "Beijing tourism players form alliance". China Daily. Archived from the original on 2018-06-12.
  5. ^ "China's BTG Hotels to acquire economy hotel chain Homeinns for $1.7 bln". Reuters. 2015-12-08. Retrieved 2018-01-25.
  6. ^ "Beijing Tourism Group". World Tourism Alliance. Retrieved 8 June 2018.
  7. ^ Hamdi, Raini. "China Challenges WTTC With Launch of Global Tourism Group". Skift. Retrieved 8 June 2018.