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China, with the largest population of the world, is in huge economic transformation due to the fastest-growing middle-class. Nowadays the number of middle-class people in China has reached 500 million and in 2020, this figure is expected to increase up to 1.75 billion. Declined growth in the real estate market and fixed asset investment has led to a notable change in the hotel industry. International luxury hotel chains are making more efforts to take advantage of the growing Chinese middle-class with luxury desires. Also, in these days, small luxury hotel or boutique hotel has gradually become popular in China, which is not as majestic and unified as large international chains, but draw consumers by their delicate and characteristic hotel culture. Indeed, hotel investors have become more sensitive to financial returns and thus have started to invest on select-service hotel products.

Top 6 Risks of Coronavirus in China and How to Mitigate Them

The Coronavirus has continued to impact businesses, economies, livelihoods, sports, and every aspect of life across the world. People are terrified by the mention of the virus. At the epicenter of this pandemic, China, things are deteriorating month after month even after the government coming up with economic stimulus packages to reignite the economy.

Lessons from Disaster: COVID-19 and Chinese Hotels

Few industries have suffered more from the COVID-19 than hospitality and tourism, and China's hotel sector has many lessons to learn. In a thought-provoking exploratory study published recently, Dr Fei Hao, Dr Qu Xiao and Dean Kaye Chon of the School of Hotel and Tourism Management (SHTM) at The Hong Kong Polytechnic University cast light on the fundamental impact of COVID-19 on the sector, and propose strategies for Chinese hotel firms to overcome their current difficulties and emerge ever stronger.

Hyatt Regency Lanzhou

Hyatt Hotels Corporation (NYSE: H) today announced the opening of Hyatt Regency Lanzhou. The 711-foot-tall (217-meter-tall) landmark beside the Yellow River is the first Hyatt hotel in Lanzhou, the capital of Gansu Province, expanding Hyatt's brand presence globally in places that matter most to guests and World of Hyatt members.

Andaz Xiamen

Hyatt Hotels Corporation (NYSE: H) announced today the opening of Andaz Xiamen in south China. Situated in the heart of Xiamen, within the mixed-use development of The MixC and close to Xiamen Botanical Garden, Andaz Xiamen is where old meets new and east meets west, weaving in the sights, sounds and tastes of its local neighborhood to create a dynamic environment and an immersive experience for guests.

Hotel Plus 2020 Concluded with Great Success on 14th August in Shanghai, China

The Hotel Plus 2020, hosted by Shanghai Sinoexpo Informa Markets, concluded with great success at National Exhibition and Convention Centre (NECC) in Shanghai, China from 12th - 14th August. Over the 3-day period, the show was packed with more than 110,000 professional visitors to develop business networking with industry peers from the community of hotel, design, retailing, cleaning and real estate.

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