Industry Update
External Article24 May 2010

The Rise of China's Budget Hotels

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forbes.com external

The U.S. saw the rise of budget hotels coast to coast in the 1960s, as Comfort Inns, Motel 6, Days Inn and Super 8 hotels sprung up near major highway exits. Now as more Chinese people travel for business and for pleasure, these types of hotels are becoming commonplace in modernized China. Investors and consumers alike are riding this new consumer wave—and benefitting.

Read the full article at Forbes

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