Home Inns gets green light to acquire Motel 168

5th September 2011 (Last Updated September 5th, 2011 18:30)

Chinese hotel chain Home Inns & Hotels Management has received anti-trust approval from the government's Ministry of Commerce for its proposed acquisition of Motel 168 International for approximately $470m. The acquisition, which was announced in May 2011, is expected to be complet

Chinese hotel chain Home Inns & Hotels Management has received anti-trust approval from the government’s Ministry of Commerce for its proposed acquisition of Motel 168 International for approximately $470m.

The acquisition, which was announced in May 2011, is expected to be completed by the end of the third quarter of 2011.

Home Inns will retain the Motel 168 brand and further develop and expand the Motel 168 hotel portfolio.

Motel 168 has a total of 45,669 rooms in 81 cities across China.