Hotel chain Jinjiang Inn finds room for Indonesian partner
By Gao Changxin in Shanghai | China Daily | Updated: 2014-01-17 07:15
China's first homegrown budget hotel brand, Jinjiang Inn, is furthering its global push.
On Thursday, it announced a partnership with Indonesia's PT Marindo Investama to open at least 30 Jinjiang Inns in that country.
In a statement to the Shanghai Stock Exchange, Shanghai Jinjiang International Hotels Development Co Ltd, which operates more than 700 Jinjiang Inns nationwide, said it has authorized PT Marindo, a local hotel operator, to run the Jinjiang Inn brand in Indonesia.
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