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.

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Posted by Carl Burnham at 1:16 PM
Categories: Accommodations, Destinations
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