By the end of 2008, the Ibis footprints will spread in big Chinese cities like Beijing, Shanghai, Guangzhou, Suzhou and Harbin, said he, and the Ibis hotels are expected to serve businessmen in the country's second-tier and third-tier cities, where costs are relatively lower.
Accor has opened 12 self-run Ibis hotels in China since its entry, compared to many other foreign hotel giants, which mainly manage hotels for local businesses.
There is still room for the growth of the Chinese economy hotel market, said Mr. Murray, who disagrees to a widespread saying that it would suffer a hard landing in the near future.
Besides, Accor plans to open a bunch of five-star hotels called Pullman before 2010.
From dycj.ynet.com, Page 1, Monday, April 07, 2008 info@SinoCast.Com
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