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US hotel giant plans to expand business in Chinese mainland
(Xinhua)
Updated: 2004-02-27 14:02

Marriott International, a US-headquartered worldwide hospitality company, is planning to build more five-star hotels in China's big cities.

Daniel Lai, Marriott's area director of sales & marketing, said at a reception marking JW Marriott Hong Kong's 15th founding anniversary on February 26 that two new five-star hotels of the group are under construction in the tourism resort in Sanya City of southern China's Hainan Province and Tianjin, a coastal city in northern China.

He said, his company has built up 33 hotels in the Chinese mainland and 23 hotels managed by his company gained profits in 2003.

The average hotel room occupancy rate in his company's five-star hotels in big cities as Beijing and Shanghai reached 90 percent at present.

Seeing big potential in the Chinese hotel sector, his company is in negotiation with Chinese business partners for building six more five-star hotels in big cities both in the northern and southern parts of China.

JW Marriott Hong Kong is the hotel group's flagship hotel in the Asian Pacific region and the group has been witnessing a rapid growth in the region where it now has 90 hotels.

Marriott International Inc has more than 2,600 lodging properties located in the United States and 63 other countries and regions.

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