The fifth international group continues to expand in Asia by approving the imminent opening of the first Campanile hotel in Vietnam in the heart of the city of Da Nang.
Bolstered by the growing trust of his shareholder Jin Jiang International, Pierre-Frédéric Roulot has taken over as head of the Metropolo structure for the management and development of Jin Jiang hotels in Asia.
Louvre Hotels Group, 2nd largest hotel group in Europe, announces its acquisition of a majority stake in Sarovar Hotels, the largest independent Indian hotel chain in terms of hotels and presence. The European hotel group continues to rollout its international expansion plans with this, its first investment of size in the Indian subcontinent. India, with its fast-growing economy, its global tourism potential and a significant under-penetration of branded hotel rooms, represents a new opportunity and a strategic market of more than 1.2 billion inhabitants for the group.