The Beijing Tourism Group (BTG; ) 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. 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.[3] In 2015 BTG bought the Home Inn hotel chain for 11 billion RMB.[4] In 2016 it had RMB 73 billion in assets and RMB 44 billion in revenue.[5] In 2017, China launched the World Tourism Alliance with the support of the BTG.[6]
Operations
The company has six divisions:[7]
- BTG Homeinns — Hotels and resorts
- Travel agencies
- Shopping
- Restaurants
- Coaches and taxis (Shou Qi Group)
- Scenic spots
References
- Beijing Tourism Group Co., Ltd.: Private Company Information Business Week^
- 18天！首旅集团总部搬进城市副中心 北京城市副中心报, 2021-04-29, retrieved 2021-04-29^
- Dashan Xu. Beijing tourism players form alliance China Daily^
- China's BTG Hotels to acquire economy hotel chain Homeinns for $1.7 bln Reuters, 2015-12-08, retrieved 2018-01-25^
- Beijing Tourism Group World Tourism Alliance, retrieved 8 June 2018^
- Raini Hamdi. China Challenges WTTC With Launch of Global Tourism Group Skift, retrieved 8 June 2018^
- Beijing Tourism Group (BTG) – 11 years of growth China Travel Trends, China Daily, September 29, 2009, retrieved 8 June 2018^