Lone China Hotel Stock Seeing Gains Ducks Extravagance Purge | bloomberg.com

President Xi Jinping’s crackdown on fancy feasts and penthouse suites has decimated China’s hospitality industry, with a notable exception. China Lodging Group Ltd. is the only Chinese hotelier to have gained in 2016. The Shanghai-based hotel operator has risen 23 percent to $38.43 so far this year, making it the fifth-strongest performer within the Bloomberg-China Index, which tracks Chinese stocks traded in the U.S.