The company will build more hotel projects in Hengqin and is very upbeat about the local tourism hotel sector's future development, Bulley said.
Airbnb needs allies in China and this investment creates a soft alignment with Softbank.
In 2018, IHG increased its Greater China system size to 391 open hotels (115,000 rooms) and 142 signings for 29,000 rooms, taking the pipeline for the region to 341 hotels and 78,000 rooms.
Rosewood Hotels & Resorts President Radha Arora explains the management company’s philosophy of deliberate growth, modern luxury and global expansion.
To fully professionalize—to operate no differently than another hospitality giant like Marriott—would effectively wipe out many of the mom-and-pop listings that built what it calls an “unrivaled brand.”
Often when hotels are thinking about creative planning as it relates to concepts or menus it’s easy to let what’s cool get in the way of that.
The hotel recently decided to lay off more than half of its 243 robots.
The acquisition of this potential competitor not only delivers complementary advantages for OYO, but gives OYO more leverage in its expansion in China.
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