Sunday, August 14, 2011
Hotels opening in China
As noted in this recent FoxBusiness
article, companies such as Starwood are now opening a new hotel in
China at the rapid pace of every two weeks.
As notes Matt Gaghen, vice president of brand management at Starwood, "Both domestic travel and outbound travel are growing really substantially. The market, overall, is booming. It’s not one at the expense of the other.”
It will be interesting to see how this evolves as more Chinese citizens have the capability to travel more both inside and outside of the country and more foreigners travel to China destinations.
Been to China? Let us know about your experiences by joining our Facebook page.