Louvre Hotels banks on Chinese partner for expansion | reuters.com

Louvre Hotels, owned by U.S. investment group Starwood Capital, is banking on Chinese partner JinJiang Inn to speed up its expansion in fast-growing China and catch up with larger international rivals such as France's Accor. Teaming up with Chinese tourism giant JinJiang would sharply accelerate the pace of expansion, however, Chairman Pierre-Frederic Roulot told Reuters on Tuesday.