InterContinental Hotel Group (IHG), the world’s largest hotel group by room number, is shifting its China business focus from expansion to repositioning its Holiday Inn as a middle-scale option.
IHG aggressively enlarged its network in China over the past three years, especially around the Olympics, cashing in on a ballooning economy and
becoming the country’s largest hotel […]
author Gareth Powell, source feedproxy.google.com
InterContinental Hotels, one of the world’s largest hotel groups in terms of rooms, has said it will open 100 more hotels in China in the coming two-and-a-half years.
The group also said it will expand its China staff from 30,000 to 50,000 in the next 18 months.
Note that the brand includes InterContinental, Crowne Plaza, Holiday Inn and Holiday Inn Express under either management or franchising contracts.
IHG runs some 3,900 hotels with 585,000 rooms in nearly 100 countries and territories under seven brands.
The group added 70 hotels in China last year.
Source: Shanghai Daily
author Gareth Powell, source www.chinaeconomicreview.com