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Global Times Beijing: Days Hotel targets mid-range tourist
June 09, 2015
As China's tourism industry continuous to grow, its hotel industry is also rapidly expanding. This growth and expansion has given rise to fierce competition in the industry. It's also led to an over-saturation of luxury, five-star hotels, but the number of mid-scale hotels however, are far fewer. Harry Tan, Chairman and CEO of Days Hotel China (DHC) recognized the lack of mid-market hotels a decade ago. Read more on the interview below.
The Business Times: Brothers hit jackpot in China hotel sector
May 05, 2012
Three brothers from Singapore with a flair for the hospitality business have hit the jackpot, thanks to China's booming middle class discovering the travel bug. The brothers set up a single Chinese hotel in 2004 and have not looked back. This ambitious foray into the hotel sector started when twins Harry and David Tan, 56 and younger half-brother Ted Fang, 46, bought the Days Inn master franchise rights for Greater China in 2003.
The Business Times Weekend: Hotel chain bullish about China property
April 1, 2011
Despite concerns of a property bubble brewing in China, Ted Fang is bullish about its prospects and looking to hold assets there as it expands its network.
As co-founder of the Frontier Group, Ted Fang oversaw the strategic direction of one of the biggest mid-market hotel chains in China. Founded in 2003, it held the master franchise for American hotel chain Days Inn in Greater China, had 45 hotels up and running by mid-2013 and had more than 130 building projects across 76 mainland cities. See also interview by Millionaire Asia. Read more on the interview below.
The Star: S’porean investor Ted Fang eyes investment in RM1.8bil Sabah project
July 20, 2017
Gabungan AQRS Bhd is bringing in real estate investor Ted Fang, the Singaporean businessman who holds the Days Inn master franchise for China, to take part in the development of One Jesselton Waterfront in Kota Kinabalu. Click on "Read More" to know more about the interview. See also interview by Millionaire Asia.
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