SHANGHAI -- Chinese major hotelier H World Group aims to add about 9,000 hotels by 2030, mostly on its home turf, betting that demand for affordable stays will continue to grow as the domestic economy faces headwinds.
Company aims to 'absolutely dominate' the limited-service segment, says executive
H World Group, which operates a budget and midscale hotel chain on a "manachised" model, aims to double its number of properties to 20,000 in five years. (Photo by Wataru Suzuki)
SHANGHAI -- Chinese major hotelier H World Group aims to add about 9,000 hotels by 2030, mostly on its home turf, betting that demand for affordable stays will continue to grow as the domestic economy faces headwinds.