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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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Castle Hotel Debuts as Part of Luxury Collection Brand

Castle Hotel Debuts as Part of Luxury Collection Brand

DALIAN, China—The Luxury Collection announces the opening of The Castle Hotel, A Luxury Collection Hotel, Dalian. Owned by the Dalian Yifang Group and managed by Starwood Hotels & Resorts, The Castle Hotel marks The Luxury Collection’s first hotel in Liaoning, ...

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