Friday 16 January 2015

Frasers Hospitality seeks great access to rapidly growing Chinese market

Frasers Hospitality is eyeing a bigger share of the China market with the addition of ten more serviced residences in China’s second-tier cities of Tianjin, Nanchang, Hefei, Dalian, Kunming, Wuxi and Chengdu, and two more in the key cities of Shanghai and Shenzhen. The securing of these new serviced residences follows the recent openings of Modena Zhuankou Wuhan and Modena New District Wuxi last year. They involve the addition of more than 2,400 new apartment units, which will almost double Frasers Hospitality’s China portfolio, bringing it to 26 properties with more than 5,900 serviced apartment units in 14 key cities and second-tier cities.



via Breaking Travel News | News http://ift.tt/1yqVpaR

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