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Article featured in Beijing This Month, January 2001
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Three New China Hotels For Shangri-La Group

2001/01/01

Shangri-La Hotels and Resorts has signed management agreements for three new hotels in China   Nanjing (opening early this year); Zhongshan (opening late this year); and Zhengzhou (opening in 2002).

The three properties will further strengthen the group's dominant position in China, where it already has 15 hotels with a total of 7,000 rooms.

The new hotels are part of Shangri-La's plan to double its current total of 37 properties in Asia by 2005.

A spokesman said: "We see huge potential in China, which is benefiting both from major growth in domestic travel and the increase in numbers of business and leisure travelers. We are well placed to capture much of this new business in secondary cities, which will grow even further with China's entry into the World Trade Organization.



 
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