China’s Shimao Property gets InterContinental to handle hotel management

Article Date : 20 October 2008
News Section: China

Shimao Property Holdings has entered into an agreement with InterContinental for cooperation in the hotels business. (Note that Shimao constructus a far wider range of buildings than just hotels. Shimao said it plans to open 6 hotels in four Chinese cities by 2013 and that Intercontinental will manage the properties under the partnership deal. The hotels, in...

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Article provided by China Economic Review.
Read the full article here: http://www.chinaeconomicreview.com/hotels/2008/10/21/chinas-shimao-property-gets-intercontinental-to-handle-hotel-management.html

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