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Hyatt Sees China Supporting Hotel Development During Property Crisis

by Robert Van Pash (Editor)
March 17, 2024
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Skift Take

Hyatt has 40% of its hotel pipeline in China despite trouble in the country’s property market. The hotel giant is betting that government support for the country’s developers will help get new projects off the ground.

— Sean O’Neill

Hyatt has bet big on developing hotels in China despite recent turmoil in the commercial real estate market. Hyatt executives acknowledged the risks Thursday, but…

Read further.

#hotel #hoteltrade #hotelnews

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