WhatsApp

Hotels Brands Look to Develop in Smaller Chinese Cities

Home / News /

Hotels Brands Look to Develop in Smaller Chinese Cities

Lower-tier Chinese cities are next on the list for international hotel brand expansion, international property consultant Knight Frank told the South China Morning Post.

In a research report released Sept. 4, Knight Frank said mainland China is currently embroiled in heavy competition between both local and international hotel brands, and is currently battling slow economic growth and increasing operating costs. For this reason, brands are gravitating to smaller less congested markets.

“Looking ahead, we expect further development in China’s hotel market, particularly in second and third-tier cities where potential is vast,” David Ji, head of research & consultancy, Greater China at Knight Frank, told the South China Morning Post.

Despite these issues, Knight Frank said investors are not dissuaded from expanding into the country. At the end of August, Hyatt opened a new 355-room Hyatt Regency property in Suzhou, while Ritz-Carlton opened its first golf resort in Haikou on Hinan Island in China. Sofitel will also be opening eight more hotels in mainland China by 2017, and four more are in the planning stages.

Read More

Search
Gatsby dancers French Riviera, Roaring Twenties event entertainment, Gatsby themed party South of France, dancers Park Mougins, entertainment agency French Riviera
Gatsby Dancers at Park Mougins
Gatsby dancers Monaco, Roaring Twenties event entertainment, années folles performers Monaco, Gatsby themed event Monaco, immersive dancers private event
Gatsby Dancers at Le Marlow Monaco
feather headdress performers Monaco, roaming welcome performers luxury event, haute couture performers Grand Prix Monaco, MSC Explora entertainment, welcome act luxury event Monaco, feather costume performers corporate event, roaming characters Grand Prix, luxury welcome performers Monaco, feather performers gala dinner, entertainment Monaco Grand Prix yacht
Feather Headdress Performers Aboard MSC Explora

Latest News

Gatsby dancers French Riviera, Roaring Twenties event entertainment, Gatsby themed party South of France, dancers Park Mougins, entertainment agency French Riviera
Gatsby dancers Monaco, Roaring Twenties event entertainment, années folles performers Monaco, Gatsby themed event Monaco, immersive dancers private event
feather headdress performers Monaco, roaming welcome performers luxury event, haute couture performers Grand Prix Monaco, MSC Explora entertainment, welcome act luxury event Monaco, feather costume performers corporate event, roaming characters Grand Prix, luxury welcome performers Monaco, feather performers gala dinner, entertainment Monaco Grand Prix yacht

Quick Enquiry