It's 2019 C.E. or 4717 according to the Chinese lunar calendar. Indeed, China is the new gold mine for the world's hotel industry, and is attracting investments by all the major hotel groups grands such as IHG, which will celebrate - this April 3 - its 400th hotel opened in China. At the other end of the spyglass, Chinese companies have likewise taken interest in Western markets.
Whether emanating from a well-established company like Fliggy, Alibaba's travel subsidiary, does or a young start-up already valued at over $1 billion like Meituan, the five companies presented below are often leaders in their respective markets in China. They hope to maintain their positions in an...
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