
It is not a new phenomenon, but it is growing. A second Chinese group, Jin Jiang, is joining Home Inns among the Top Ten hotel groups worldwide, and three others are fighting over the next rungs, to the detriment of American groups that are losing ground. A new planetary balance is falling into place.
The competition between leading global hotel groups has never been so tough. While there were relatively wide gaps between the three leaders last year, they caught up to one another in 2014 in particular, with accelerated growth rates of IHG’s two competitors: Hilton Worldwide, second on the podium...
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