America's Best Franchising Opens 4th Hotel in China
Company Added
Company Removed
Apply to Request List

America's Best Franchising Opens 4th Hotel in China

October 29, 2012 // Franchising.com // America’s Best Franchising continues to expand in China with the opening of a new five-star hotel in Yiwu, a city of about two million people located about 190 miles southwest of Shanghai.

The eight-floor 80-room property is the fourth hotel for America’s Best Hotels China Limited, a partnership which has opened franchisee properties in that country since January 2010. Already in operation are two other properties in Yiwu, and another in Wuyi, which is located within 250 miles of Shanghai.

“Despite a sluggish worldwide economy, the Chinese hospitality industry has been growing at about 6 to 7% a year for the past five years and the occupancy at luxury hotels in typically at 60% or higher — due to a healthy market of international tourists and a wealthy market of domestic travelers,” according to Doug Collins, Chairman and CEO of Americas Best Franchising.

“Our franchise partners are important part of this growth and we expect to add five to ten new properties a year in China for the next 10 years.”

Features at the Yiwu hotel include meeting rooms, a lobby lounge, cafe, western style restaurant, swimming pool, health club and a ballroom of almost 1,500 sq. ft. for weddings and conferences. Each floor features a different design, theme and style.

About Americas Best Franchising

Americas Best Franchising operates more than 250 hotels primarily in the United States, but also in China, Canada, India, Nigeria and Belize. The company has five brands — America’s Best Inn and Suites, Budgetel Inn and Suites, Country Hearth Inn and Suites, Parkside Hotels and Resorts, and 3 Palms Hotels and Resorts.

For more information on Americas Best Franchising, see the www.abestfranchise.com. For more information on the new hotel, including photographs, visit the www.meisenhotel.com

###

Comments:

comments powered by Disqus

Franchise News Room »


News By Industry »


Featured Opportunities

Elements Massage
When simplicity is the essence of your business model, clients and owners benefit. Clients want a predictably wonderful experience with every visit....
Brooklyn Fitboxing
Brooklyn Fitboxing is a fun and effective training experience, where music, fitness, and technology converge to unleash healthy and engaging...
Riko's Pizza
Join Riko's pizza franchise and open a pizza restaurant of your own. Learn more now.
Pinch A Penny Pool Patio and Spa
There's a great business opportunity right in your backyard with Pinch A Penny--America's largest retail pool supply and service franchise.
Big Blue Swim School
Big Blue Swim School focuses on creating Big Moments for children ages six months to 12 years old.
Share This Page

Subscribe to Our Newsletters

A Franchise Update Media Production
Franchise Update Media
P.O. Box 20547
San Jose, CA 95160
PH. (408) 402-5681
In Loving Memory Of Timothy Gardner (1987-2014)

Copyright © 2001 - 2019.
All Rights Reserved.