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In the latest three quarterly reports,The 188bet sports betting app download handed over a beautiful report card。
October 31,Jinjiang Shares (600754.SH)、Boutique 188bet sports betting app download (600258.SH) has released the third quarter report of 2017。Jinjiang shares financial report display,The company achieved operating income of 100 in the first three quarters.300 million yuan,YoY growth of 32.86%;Net profit attributable to shareholders of listed companies7.1.2 billion yuan,40 year-on-year increase.75%。Among them,The substantial increase in net profit is undoubtedly due to the rapid expansion of the two major 188bet sports betting app download chains, Plateno and Vienna。
On the other hand,BTG Homeinn achieved operating income of 63% in the first three quarters.1.2 billion yuan,40 year-on-year increase.15%;Net profit attributable to the parent company 5.5 billion yuan,250 year-on-year increase.9%。BTG Homeinns stated in the announcement,The reason for the large increase in net profit is the financial report of Home Inns 188bet sports betting app download Group from January to September。
From the financial data published above,Add reference to Home Inn、It is not difficult to see the recent actions of the two major hotel groups, Plateno,It is now an industry consensus to upgrade budget 188bet sports betting app download。Sun Jian, general manager of BTG Home Inn Group, said in an interview with a reporter from the 21st Century Business Herald in September this year,After the overall merger between BTG and Homeinns is completed,The group will focus on optimizing and upgrading its inventory。In simple terms,In the context of consumption upgrading,Renovate some of the more than 3,000 stores in the past,Thus obtaining considerable returns。
Making a fuss about the stock
As can be seen from the financial report of BTG Homeinns,As of the end of September 2017,BTG Home Inn has 3543 188bet sports betting app download in total。Among them,The number of budget 188bet sports betting app download is 3011,The number of mid- to high-end 188bet sports betting app download is 386。Budget 188bet sports betting app download, which account for the majority, perform strongly,RevPAR (revenue per available room) is 157 yuan (+6.1%),The average house price is 175 yuan (+3.5%)。
Sun Jian previously told the media,“Budget Hotel,We will not give up。China’s largest main consumer group is still in budget 188bet sports betting app download。” pointed out in the “Hotel Industry Annual Report White Paper” released by Median.com,At present, more than 70% of the hotel types in our country are still traditional economic chain 188bet sports betting app download。In the context of China’s economic transformation and consumption upgrading,China’s accommodation industry is experiencing a new development period after deep adjustment。
Home Inns is based on a large number of budget 188bet sports betting app download,Within the past few years,Always trying to transition to mid- to high-end 188bet sports betting app download,Sun Jian once publicly stated,BTG Homeinn is among the new 188bet sports betting app download planned to open this year,The proportion of mid-range 188bet sports betting app download is expected to reach 30%-40%。According to plan,We hope that the number of mid-to-high-end 188bet sports betting app download under BTG Homeinns will reach 1,000 in 2019。
The industry generally believes that,In the current stock market,The “reshaping” of budget 188bet sports betting app download faces various challenges。Chief Knowledge Officer of Huamei Consulting Group、Senior Economist Zhao Huanyan pointed out,The success of the transformation to mid-range 188bet sports betting app download depends on three keys: preferred locations (second-class locations in first-tier cities、A first-class location in a second-tier city、Core areas in third-tier cities);Location supply and demand;Four elements (second space、Product elements、Humanistic Experience、Service quality)。
Since the basic building area of a budget hotel is about 20-24 square meters,Insufficient hardware conditions are regarded as a major "weakness" in upgrading to mid-to-high-end 188bet sports betting app download,This requires the industry to pay more attention to space design and utilization,Improve consumer experience through function creation and scene design。
Introduced by Xu Yifeng, Senior Director of the Brand Public Relations Department of BTG Homeinns,On the renovation of budget 188bet sports betting app download,BTG Homeinn is not just about simply renovating the space and upgrading the hardware,At the same time, the functional space inside the hotel is also upgraded and the social attributes are created。
Product homogeneity has always been one of the things that traditional budget 188bet sports betting app download have been criticized for。Vice President of Plateno Group、Hong Wei, CEO of Simple Business Group Brand, previously said in an interview with reporters,The slogan “Sleep well every day” proposed by 7 Days in the early days,Almost all 188bet sports betting app download on the market now can provide similar services。In order to break through the product upgrade bottleneck,7Days Inn has set up a functional area in the lobby to provide simple fitness equipment,Guests can borrow it to any space in the hotel,Like a mobile gym。
The wave of integration is surging
In addition to maintaining high growth in performance,The 188bet sports betting app download group’s expansion in scale has also attracted greater attention from the outside world。Jinjiang Co., Ltd. issued a related transaction announcement on October 20,Planned to increase its stake in Plateno by approximately 12%,After the transaction is completed, the company’s shareholding ratio in Plateno will increase to 93.0035%。
After completing a series of mergers and acquisitions 188bet sports betting app download early stage,Jinjiang Co., Ltd. focuses on coordinating the operations of brands under various major sectors。View by section,The Plateau and Vienna systems are undoubtedly expanding the most rapidly,Mainly because both major brands adopt a "light asset" expansion model。
In recent years,Merger of bulk accommodation companies,Making the 188bet sports betting app download industry structure unprecedentedly concentrated。Meanwhile,such as Airbnb、Xiaozhu Short-term Rental、Tujia.com and other short-term rental platforms continue to gain the favor of capital by leveraging the spring breeze of the sharing economy,Keep eating the traditional 188bet sports betting app download cake。Entering 2017,China’s online short-term rental industry has entered an explosive period,Tujia.com、Xiaozhu Short-term Rental has received hundreds of millions of dollars in financing。
In Zhao Huanyan’s opinion,The golden age of budget 188bet sports betting app download is over,Operators now have to overcome rising costs、The dilemma of declining income。“Compared to 15 years ago,Property rental and labor costs increased by nearly 300%,Employee wages have increased from 800 yuan per month to more than 2,300 yuan。Same for property,The earliest is 0 per square meter.8 yuan。”
On the other hand,From the perspective of investment return cycle,The payback period of many budget 188bet sports betting app download exceeds 5 years。And mid-range 188bet sports betting app download have double the room revenue,The cycle can often be shortened to less than 5 years。“It is really unsustainable for self-operated budget 188bet sports betting app download,So most of them are franchise stores,Most of the franchise fee can be converted into profits。Therefore, there are fewer and fewer direct-operated stores of hotel groups。" Zhao Huanyan analyzed。
Zhao Xianglong, Chairman of Longzang Capital, pointed out at the Asian Tourism Annual Conference held in September,As a heavy asset investment,188bet sports betting app download amid rising costs,How to improve shareholder returns,How to deal with existing assets is a question worth thinking about for enterprises。
*this文来Source: 21st Century Business Herald, Author: Wen YingRan, original title: "The 188bet sports betting app download successful third-quarter results and tapped into existing stocks、Product iteration becomes the focus》.
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