Shimao Group chairman Wing Mao Hui director once again claims Shimao Property will restart a shelved hotel spinoff in HK.
Chinese investors are counting on this enormous Chinese market to form the customer base that will enable them to expand in the overseas hotel industry.
Plateno Group will expand the coverage of its 7Days Inn brand to 4,500 hotels of the brand in all Chinese cities and towns in three years.
Part of a three-part special series, ChinaTravelNews takes a look at the Travel industry brands that made the list. Part 2 takes a look at hotels, with three making the list.
The 11,369 hotels in operation reported RMB22.253 billion from F&B and RMB20.705 billion from room sales for total revenue of RMB49.168 billion.
Nong Xia will replace 30-year veteran Jing Qian to head of expansion in the greater China mid-range hotel market.
According to Ted Zhang, Chinese hotel organizations need to evolve, and keep pace with evolving distribution platforms and channels.
The Carlson Rezidor Hotel Group will launch two original brands in China and plans to quadruple the number of its hotels in China in the next four years.
