
Langham Hotels International has announced its plans to invest more than US$1 billion in China by 2014.
The investment will include the opening of new hotels, refurbishment of existing hotels and acquisition of other hotels in China.
According to the company's plan, Langham Hotels is expected to expand its hotel portfolio in China via its two upscale brands, namely Langham Place and Langham.
It is expected that Langham Hotels will open 15 new hotels in China by 2014, including two more hotels in Beijing in 2010 and one hotel in Guangzhou, Guangdong Province in 2011, as well as other Chinese cities such as Hangzhou, Suzhou, Xiamen, Chongqing and Chengdu.
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