Another boom week for China's hotels
Monday 18 October 2010
Major hotel brands have been unveiling expansion plans in China at a key conference over the past week.
Many chains are planning to considerably beef up their presence in the country, with a series of deals unveiled this week at the Hotel Investment Conference Asia Pacific.
Hyatt announced a total of 11 new properties, confirming that four new hotels would be opened next year in Ningbo, Jinan, Guiyang and Qingdao, a mix of areas designed to target both business and leisure travelers.
InterContinental unveiled new properties for its "lifestyle" brand Hotel Indigo October 13, aiming for expansion into "energetic cities" such as Xiamen and Taiwan.
Wyndham announced plans for a further three properties in one place - the popular island of Hainan, already home to some of the country's best resorts.
It will build three resorts in Boao, including the 350-room Wydham Boao Resort and Conference Center and the 106-room Wyndham Boao Resort, set to open in 2013 and situated on a private beach with three outdoor swimming pools.
The grandest project is the 300-room Wyndham Grand Boao Resort and Spa, a luxury retreat scheduled to open in 2017 which features an indoor pool, extensive spa and fitness facilities, two restaurants and a bar.
The announcements confirm China's already-leading position in the global hotel market - according to global hotel analyst STR, there are already a whopping 92,559 rooms under construction in the country.
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