Long-term view fuels Hyatt's success
By Wang Zhuoqiong | China Daily | Updated: 2012-06-28 08:09
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Hotels are booming in Sanya, Hainan province, China's top beach destination. By the end of 2010, nearly 70 international hospitality brands from 41 countries and regions had entered the Chinese market, managing about 20 percent of the country's high-end hotels and taking 80 percent of the profits. Wu Luming / for China Daily |
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