Saturday, April 10, 2010

Chinese Hotelier's Crowded Market Worries Analysts

Like most things related to China these days, the country's hotel market is a smorgasbord of good news and bad news.


The good news: China's rapidly growing middle class, coupled with a rise in business travel, has created heavy demand for more hotel rooms.

The bad news: Hotel operators seem to be springing up everywhere, and there are concerns about overloading the market with too many rooms.

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