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City Comfort Inn Group, which established by Cheng Xinhua, a Hubei businessman, announced to launch two new brands---Yi Shang Express and YICEN Express. Price is not the advantage in the middle level hotel market which is under the pressure of economy hotels and high-end hotels. It used to be abandoned by the hospitality industry. But it becomes the popular investment spot with some investors’ attention to it. On November 6, the economy hotel chain, City Comfort Inn Group, which established by Cheng Xinhua, a Hubei businessman, announced to launch two new brands---Yi Shang Express and YICEN Express which will be sub-brands of Eastern Crown Hotels Group. Although these two new brands also belong to economy hotel, the qualities of them are better than traditional economy hotels. With the same prices as traditional economy hotels, they can provide bigger rooms and more services. These are the new attempts of middle level hotel market. (Translation by Ella) |
