China hotel firm Huazhu Group eyes growth as sector consolidates
Huazhu Group, China’s second-largest hotel group by number of rooms, said it expected the pandemic to unleash a consolidation wave that could wipe out a tenth of the country’s 493,000 independent hotels.
China hotel firm Huazhu Group eyes growth as sector consolidates
Huazhu Group, China’s second-largest hotel group by number of rooms, said it expected the pandemic to unleash a consolidation wave that could wipe out a tenth of the country’s 493,000 independent hotels.