Euroasia Investment Partners signed a strategic cooperation agreement with CTG Hotel Holdings Corp., Ltd to work together in the European tourism sector, with a particular focus on the 17+1 region.
CTG Hotel Holdings is described as an international hotel owner and operator with more than 200 hotels and over 48,000 rooms across mainland China, Hong Kong, Macau and the United Kingdom. Its brands include Grand Metro Park, Metro Park, Kew Green and Traveler Inn. The wider CTG group also operates travel and duty-free businesses and has access to a large Chinese customer base and outbound-travel distribution network.
EIP Chairman Ilirjan Koxhioni said European hotels partnering with CTG through management or co-branding arrangements could benefit from stronger access to Chinese outbound travellers, Chinese-language marketing and distribution channels, as well as CTG’s scale in hotel operations, purchasing and cost control.
