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Hyatt inks deal to develop dozens of new China hotels
Hyatt Hotels Corporation plans to ramp up its portfolio of Independent Collection and select service hotels in China.
It has teamed up with Hangzhou Trade and Tourism Group and Zhejiang Dragon Hotel Management.
Together they will drive the expansion of hotels across China.
“We are pleased to join hands with HTTG and The Dragon Group and expand our franchise growth in Asia Pacific,” said Stephen Ho, Hyatt president Greater China.
Hyatt intends to develop more than 60 hotels over the coming decade, the first of which is expected to be a Hyatt Place hotel in Hangzhou.
These hotels will become part of Hyatt’s loyalty program, World of Hyatt.
Guests will be able to earn World of Hyatt points and redeem them for free night awards.
“We are confident that Hyatt’s expertise in the hotel industry and globally renowned brand reputation can unlock unprecedented business growth,” said Chen Guohua, GM, Hangzhou Trade and Tourism Group.
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Editor for TravelMole North America and Asia pacific regions. Ray is a highly experienced (15+ years) skilled journalist and editor predominantly in travel, hospitality and lifestyle working with a huge number of major market-leading brands. He has also cover in-depth news, interviews and features in general business, finance, tech and geopolitical issues for a select few major news outlets and publishers.
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