Langham Hotels International (Langham), the hotel arm of Great Eagle Holdings, plans to open 50 hotels in China within the next ten years.
Expected to cost approximately US$1.5 billion, Langham is looking to invest in ten hotels and manage 40 hotels out of the envisaged 50 hotels.
The company has announced that it is on the verge of sealing the agreements for five developments in key gateway cities in China.
Currently, Langham manages one hotel in Shanghai while three hotels, two in Beijing and one in Guangzhou, are under development.
