China Economic Review
Charting China’s changing economic terrain · Since 1990
Kempinski doubles up in China
January 5, 2010
Hotel group Kempinski Hotels is planning to double the number of hotels under its management in China by 2013.At the moment there are 11 hotels under its management across China and it is looking to add 12 more hotels over the next three years.
The idea is that the Kempinski hotels in China, which currently make up 15% of the group’s total number of hotels, will account for 20% of the group’s turnover and profits by 2013.
4 Hoteliers states that in addition, the group is also planning to introduce a new five-star hotel brand, Nuo, exclusively for China.