With crowdfunding in the lodging space, what hotels are looking to do is not just provide a stake in a hotel but also perks. Besides raising capital, hotels are also building an audience.
Achieving luxury status involves a venue combining several elements, including the meanings of upscale, improvement of facilities, consistent good service and focus on food.
Regent Place Xian will offer 156 guest rooms and suites and will house four unique restaurants.
A new luxury hotel of Wanda Hotels & Resorts opened on 29 August in Fuyang city, Anhui province.
Strategic Hotels & Resorts Inc., the owner of luxury resorts across the U.S., is exploring a sale and hired a bank to help it find a buyer.
An affiliate of China Communications Construction Company U.S. International buy Miami site for $74.7 million and plan to build mixed-use Hotel-Condo-Office.
China’s appetite for international travel is further encouraging investors to seek out luxury hotel assets in major cities.
According to research from the Digital Luxury Group and Samad Laaroussi, The global appetite for a luxury hotel experience and its subsequent price tag is growing.
In an exclusive interview to CPP-LUXURY.COM, Michael Henssler, President of Kempinski Hotels in China, has spoken about NUO, the first luxury hotel brand created in China for Chinese consumers.