Search results for “Starwood”
Chinese buyers spend USD 2.6 billion on US hotel property acquisitions in 2015
04/12/2016|8:13:56 AM|
Chinese companies splashed out USD 2.6 billion on buying US hotel properties in 2015 and the buying spree is expected to keep on
Plateno and Jin Jiang target Starwood for acquisition after merger
07/16/2015|9:43:33 PM|
An Starwood acquisition would mean China will have the largest global hotel group in the world pioneered by the upcoming Jin Jiang-Plateno merger.
Former Starwood China head joins Wanda Hotel
06/30/2015|12:51:09 PM|
Former greater China regional director of Starwood Group, Jin Qian, will join Wanda Hotels and Resorts as President to lead this Chinese hotel group.
Marriott will have more hotels in China than the US in 5 years
10/07/2016|6:11:41 PM|
Marriott plans to open about 100 mid-scale hotels in China within next five years. This is expected to give the hotel group a bigger presence in China than in the United States.
New director appointed to lift Starwood’s flagging fortunes in China
05/22/2015|3:42:39 PM|
Nong Xia will replace 30-year veteran Jing Qian to head of expansion in the greater China mid-range hotel market.
Hotel room glut drives down room rate and revenue in China
08/03/2016|10:01:40 AM|
Hotel chains over-expansion has caused four in ten hotel rooms in China staying empty and is driving down room rate and RevPAR.
Starwood Hotels pushes into Greater China with 20 new hotels
02/28/2015|9:50:29 AM|
Starwood Hotels plans to open 20 hotels in greater China in 2015, including two luxury hotels, 12 high-end hotels, and six select boutique hotels.
Starwood Capital seeks Sunshine Insurance investment in hotel management company
02/09/2015|10:11:24 AM|
The high growth period for China's domestic property market has past and Chinese companies are now forced to invest in overseas real estate.
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