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...defined as three stars and below, importing brands such as Marriott Courtyard and Hilton Garden Inns from the U.S. Several Chinese hotel companies, notably the Jinjiang Group, are chasing after the same market, intensifying the sense of urgency. "It's amazing how fast things move in China," says Brian Deeson, head of China operations for the French lodging group Accor, which has four Ibis Hotels on the mainland and plans to have 50 of them in operation by the end of 2008. "You have to keep moving very fast to keep your advantage...

Author: /time Magazine | Title: China's Hotel Boom | 6/26/2006 | See Source »

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