With Shanghai Expo 2010 approaching, tycoons of global lodging industry
continue to focus attention on the huge Chinese market. Starwood Hotels &
Resorts Worldwide announced on Monday that another two hotels will join in the
team in China before 2008.
The two hotels under plan locate in Tianjin and Hangzhou respectively and
will be managed by Sheraton Overseas Management Group.
The two hotels are 4-star with over 300 luxury rooms and suites. So far
Starwood has owned 26 hotels in mainland China, Taiwan and Macao, while another
27 are under construction.
Actually, many hotel giants besides Starwood are eyeing the big cake of China
market. French-based Accor also announced its decision to set up 100 hotels in
China in the coming 5 years.