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Kempinski to double its hotels in China.
Monday, 4th January 2010
Source : HVS International
Hotel group, Kempinski Hotels, is planning to double the number of hotels under its management in China by 2013.

Presently, the group has 11 hotels under its management across China and it is looking to add 12 more hotels over the next three years.

It is envisaged that the Kempinski hotels in China, which currently make up 15% of the group's total number of hotels, will account for 20% of the group's turnover and profits by 2013.

In addition, the group is also planning to introduce a new five-star hotel brand, Nuo, exclusively for China.

www.hvs.com

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