Word: jinjiang
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Dates: during 2000-2009
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...market are already getting crowded. The Hilton, Marriott and Hyatt chains all have plans for big pushes within the "economy" segment of the industry, 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...
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