国产热热热精品,亚洲视频久久】日韩,三级婷婷在线久久,99人妻精品视频,精品九热人人肉肉在线,AV东京热一区二区,91po在线视频观看,久久激情宗合,青青草黄色手机视频

Business / Companies

Long-term view fuels Hyatt's success

By Wang Zhuoqiong (China Daily) Updated: 2012-06-28 10:18

Long-term view fuels Hyatt's success

Hotels are booming in Sanya, Hainan province, China's top beach destination. By the end of 2010, nearly 70 international hospitality brands from 41 countries and regions had entered the Chinese market, managing about 20 percent of the country's high-end hotels and taking 80 percent of the profits. [Photo/China Daily] 

Long-term view fuels Hyatt's success

Long-term view fuels Hyatt's success

CEO considers options from many angles before deciding on investment

Sunny Bay is not on the itinerary for many visitors to Sanya, Hainan province - the country's top beach destination.

It is secluded from all the fuss and buzz at other bays. Yet it is ideal for Mark Hoplamazian, president and chief executive officer of Hyatt Hotels Corp.

"It is remote but absolutely beautiful," said Hoplamazian, who travels three or four times to China every year as new development and infrastructure increase.

Next year, two Hyatt hotels will open for business in Sunny Bay. Unique locations and iconic properties are the CEO's pride.

"We have great presence in prominent locations," said the 49-year-old, speaking in the meeting room of Park Hyatt, the tallest skyscraper in the central business district overlooking Beijing's Chang'an Avenue. It is near the Palace Museum and the China Central Television complex.

"It is central to the reputation of our brands. Staying at Hyatt property means people are staying at the best hotels in the city."

The Chicago-based hotelier currently operates 19 properties in the country under the brands of Park Hyatt, Andaz, Grand Hyatt and Hyatt Regency. More than 30 hotels are under development.

On the Chinese mainland, where there are 31 provincial-level capitals, the number is modest, said Yang Honghao, a researcher with China Tourism Academy.

Yang co-authored a development report on China's hotel industry. In it, he listed 60,000 hotels, of which 14,000 were star-rated.

By the end of 2010, nearly 70 international hospitality brands from 41 countries and regions had entered the Chinese market, managing about 20 percent of the country's top-end hotels and taking 80 percent of the profits.

Hoplamazian said competition comes down to quality of service.

"With a goal to be the most preferred but not the largest hotel brand in the world, Hyatt cannot waste time and effort on projects that will not be successful. Neither can we expand at the expense of providing a great experience for our guests," Hoplamazian said.

The CEO visited Beijing to attend the 2012 Beijing Architecture Forum. The event on May 24 coincided with the Pritzker Architecture Prize - often called the "Nobel Prize of architecture". The forum was co-hosted by the Beijing municipal government and Hyatt.

"Architecture and design can improve the lives of the people who visit our hotels, and live and work in the communities where we operate," Hoplamazian said.

Previous Page 1 2 Next Page

Hot Topics

Editor's Picks
...
南通市| 静海县| 潜山县| 文昌市| 微山县| 新巴尔虎左旗| 建水县| 剑河县| 松滋市| 安图县| 麻栗坡县| 三台县| 肥城市| 扎囊县| 平邑县| 阳原县| 烟台市| 辽阳市| 衡南县| 盐池县| 万载县| 内江市| 灵石县| 蓬溪县| 霍城县| 淄博市| 宁夏| 宁城县| 双柏县| 松桃| 浠水县| 天柱县| 扎赉特旗| 罗田县| 乌鲁木齐市| 镇雄县| 普洱| 台州市| 兴安县| 荣昌县| 务川|