Jones Lang LaSalle (JLL) forecast that Chinese companies will invest an estimated US$5.1 billion in US hotel assets this year.
A new era of growth and competition is expected for US and Chinese carriers following the Sino-US bilateral visa extension policy in November 2014.
Chinese investments are set to grow rapidly thanks to long-term investment strategies and therelaxation of cross-border capital flow control.
Royal Caribbean will launch the Quantum of the Seas liner to mark its 2015 China investment plan, and management has dubbed this year the ‘Quantum Year’.
A new carrier GX Airlines has been established in a joint ventureTianjin Airlines and GX Airlines Group.
The high growth period for China's domestic property market has past and Chinese companies are now forced to invest in overseas real estate.
The Sages Hotel Group received a joint investment of RMB30 million from Time Warner Capital and Shanghai Xianyi Capital
The new Home Inn Plus was featured alongside Home Inn’s existing mid-range hotel brands, Yitel, in the last Shanghai Biennale.
