Greenland Holdings, the state-owned Chinese developer, is seeking to expand its hotel management business into a major international brand, leveraging the nation’s rising affluence and Beijing’s roll-out of the Belt and Road Initiative.
Raymond Lee, general manager of Greenland International Hotels Group, said the company plans to boost the number of hotels it manages to 200 by 2020, up from about 100 currently.
“We are well on the way to building a large hotel management firm…
Source : South China Morning Post
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