Luxury hotel news in China, from Shenzhen Daily

China‘s  luxury hotel business is likely to grow strongly over the next five years, driven by booming business travel, property consultants Jones Lang LaSalle said Thursday…    The number of four-star and five-star hotel rooms in Shanghai is likely to grow by some 8,000 rooms until 2008, and more investment should find its way to the sector leading up to the Shanghai 2010 World Expo…  Beijing’s hotel market is likely to grow strongly ahead of the 2008 Olympics but lags the Shanghai market by four to five years… Of the 386 hotels being actively pursued throughout Asia, 188 are in China, and 134 of those are rated four- or five-star…  Hilton Hotels Corp. said last month it plans to double the number of its hotels under management in China in the next several years. InterContinental Hotels Group Plc, the world’s largest hotelier, early this year signed a deal to manage six hotels in Southwest China to boost its share in the market.

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