Actis, Warburg Pincus invest $65m in Chinese budget hotel firm
The private equity firms say the investment comes as 7 Days Inn and other budget chains take market share out of higher-priced hotels in China.
The private equity firms say the investment comes as 7 Days Inn and other budget chains take market share out of higher-priced hotels in China.
Copyright PEI Media
Not for publication, email or dissemination
