Global hospitality giant IHG Hotels & Resorts is doubling down on its investments in the Chinese mainland, citing confidence in the country’s long-term economic vision and stability. 🌟 In a recent interview with Xinhua News Agency, Lu Haiqing, IHG’s global vice president, emphasized that China’s focus on steady growth and predictable policies has created a ‘piece of mind’ for businesses looking to expand.
🏙️ ‘China isn’t just a market—it’s a cornerstone of our global strategy,’ Lu said, highlighting plans to roll out new hotel brands and tech-driven services tailored to Asia’s rising middle class. With over 60% of IHG’s global pipeline now in China, the company sees untapped potential in both urban hubs and emerging tourist destinations.
📈 Analysts say this optimism reflects broader trends: international firms are prioritizing markets with stable regulatory frameworks as global uncertainties rise. For young travelers and entrepreneurs eyeing Asia, this could mean more trendy stays and business-ready amenities coming soon. ✈️
Reference(s):
cgtn.com