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China’s Aggressive Approach to Hotel Acquisitions

China’s Aggressive Approach to Hotel Acquisitions

NEW YORK—Decelerating industry fundamentals and weakness in forward-looking equity market prices for hotel-related companies hasn’t kept Chinese companies from dominating the hotel investment landscape recently, according to Fitch Ratings. Chinese investors have been aggressively bidding on mostly upper-tier hotel assets ...

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China Worries Currency on Shaky Ground

An exodus of capital in China is casting doubt on the country’s economic prospects and shaking global markets, The New York Times writes. Wealthy Chinese families are increasingly trying to move large sums of money out of the country for ...

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Accor Forms Alliance with China Lodging

Accor Forms Alliance with China Lodging

Accor has sealed a long-term alliance that will combine its brands with more than 2,000 existing properties run by China Lodging’s Huazhu Hotels, according to this report from Reuters. Huazhu aims to open 350 to 400 new hotels under Accor brands ...

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