Earlier this year, STR Global, sister company of HotelNewsNow.com, published a market review on the secondary cities across China in one of their weekly press releases. I thought it would be interesting to return to these markets and review China’s hotel development growth—this time with a slightly different angle.
A couple of months ago while attending a strategy course for my MBA, one of my lecturers asked the class what would be the “correct development strategy” for a company to expand? To this, he stated there are only four possible answers applicable to this question in today’s environment: China, China, India, India.