China’s hotel industry has been rising over the past few years, and hotel executives believe that the country is a ‘safe haven’ for luxury hotels.
In a newsletter article for ARC China, Adam Roseman quoted Charlie Dang of Starwood Hotels & Resorts Worldwide as saying “We haven’t felt the crisis that they are experiencing in the U.S. and Europe.
“The domestic economy is still very strong. Generally the second and third-tier cities are growing rapidly and that helps our business.”
The Crowne Plaza Hotel, located in Dandong, a third-tier city, reported an occupancy rate of 80% in the summer, and 60% throughout winter seasons.
“These are very good results for us,” said Ren Shixuan, the hotel’s public relations manager.