Hyatt Strengthens Chinese Portfolio

Within a concerted effort to boost its existence in the lucrative Chinese market, leading hotelier Hyatt Resorts Corporation (H) lately declared the launch of 2 properties under Park Hyatt plus Hyatt Regency brands in Changbaishan, China. These openings are in range with the company’s goal to broaden its presence worldwide, especially in the Oriental market.

The two resorts named Park Hyatt Changbaishan plus Hyatt Regency Changbaishan mark the debut of Hyatt branded ski resorts in the region. Situated close to one another at the base of Changbai Mountain range and in close proximity towards the Changbaishan Airport, the Songjianghe train station and several other entertainment choices, the properties form a part of the Changbaishan International Resort development project.

The Changbai Mountain range, with its natural and ethnic attractions, is one of the leading tourist destinations in China. The country’s National Tourism Bureau conferred a rating associated with 5A for its picturesque beauty. These factors justify Hyatt’s decision to expand in the area.

Whilst Park Hyatt Changbaishan boasts 163 guestrooms along with 36 suites, Hyatt Regency Changbaishan has 278 visitor rooms. These hotels have different amenities, which are expected to attract both business as well as leisure travelers.

China is set to be the world’s leading travel destination by 2020. In order to tap this attractive possibility, the Zacks Rank #3 (Hold) company is now venturing into different untapped but economically viable Chinese language cities. Presently, the company boasts twenty three properties in China of which 10 operate under the Hyatt Regency brand while 4 operate under the Recreation area Hyatt brand.

Tiongkok has been among the key markets for another hotelier, Starwood Resorts & Resorts Worldwide Inc. (HOT), as well. The company currently has around 218 hotels below several brands in the country, of which two are in Changbaishan.

A few better-ranked stocks in the hotels field include Home Inns & Hotels Management Inc. (HMIN) and Wyndham Worldwide Corporation (WYN), both with a Zacks Position #1 (Strong Buy).

Read the Full Research Report on INCREDIBLY HOT
Read the Full Research Report on WYN
Read the Complete Research Report on H
Read the Full Research Report on HMIN

Zacks Investment Study


-+011000110+-

Within a concerted effort to boost its existence in the lucrative Chinese market, leading hotelier Hyatt Resorts Corporation (H) lately declared the launch of 2 properties under Park Hyatt plus Hyatt Regency brands in Changbaishan, China. These openings are in range with the company’s goal to broaden its presence worldwide, especially in the Oriental market.

The two resorts named Park Hyatt Changbaishan plus Hyatt Regency Changbaishan mark the debut of Hyatt branded ski resorts in the region. Situated close to one another at the base of Changbai Mountain range and in close proximity towards the Changbaishan Airport, the Songjianghe train station and several other entertainment choices, the properties form a part of the Changbaishan International Resort development project.

The Changbai Mountain range, with its natural and ethnic attractions, is one of the leading tourist destinations in China. The country’s National Tourism Bureau conferred a rating associated with 5A for its picturesque beauty. These factors justify Hyatt’s decision to expand in the area.

Whilst Park Hyatt Changbaishan boasts 163 guestrooms along with 36 suites, Hyatt Regency Changbaishan has 278 visitor rooms. These hotels have different amenities, which are expected to attract both business as well as leisure travelers.

China is set to be the world’s leading travel destination by 2020. In order to tap this attractive possibility, the Zacks Rank #3 (Hold) company is now venturing into different untapped but economically viable Chinese language cities. Presently, the company boasts twenty three properties in China of which 10 operate under the Hyatt Regency brand while 4 operate under the Recreation area Hyatt brand.

Tiongkok has been among the key markets for another hotelier, Starwood Resorts & Resorts Worldwide Inc. (HOT), as well. The company currently has around 218 hotels below several brands in the country, of which two are in Changbaishan.

A few better-ranked stocks in the hotels field include Home Inns & Hotels Management Inc. (HMIN) and Wyndham Worldwide Corporation (WYN), both with a Zacks Position #1 (Strong Buy).

Read the Full Research Report on INCREDIBLY HOT
Read the Full Research Report on WYN
Read the Complete Research Report on H
Read the Full Research Report on HMIN

Zacks Investment Study

This entry was posted in Airport Hotel News. Bookmark the permalink.

Leave a Reply

Your email address will not be published. Required fields are marked *