HotelsMag January/February 2025 | Page 45

A deluxe courtyard bedroom at Mandarin Oriental Qianmen , Beijing .
and Nanjing . In December , it announced the option to sign two additions to its portfolio in early 2025 : Hôtel Lutetia in Paris and the Conservatorium Hotel in Amsterdam .
By comparison , Marriott is ubiquitous across Greater China ’ s hotel landscape with more than 550 properties and 24 distinct brands . “ Our pipeline in the region is strong , and we saw record signings in the first half of the year , particularly in our select-service brands and conversions ,” said Bart Buiring ,
managing director , luxury , Greater China , Marriott International . In the fivestar realm , 2024 has brought signings of the Ritz-Carlton Beijing , North ; the W Sanya ; and the W Hangzhou . The group will also bring Ritz- Carlton Yachts to key Asian destinations in the next few years .
Marriott has also formed a partnership with Delonix Group , a leading Chinese hotel operator . “ We will affiliate over 100 full-service Delonix hotels with Marriott ’ s Tribute Portfolio over the next ten years ,” said Buiring . “ We expect franchising to accelerate in a number of markets across Asia Pacific , including China .” The first three projects under this strategic cooperation agreement are underway and are expected to be unveiled by early 2025 latest .
CORPORATE COMEBACK Given that China is a country powered by manufacturing industries , it ’ s not surprising that business travel is back . Bagaeen said 2024 numbers are well ahead of 2019 , including for MICE meetings . However , that ’ s not necessarily a market for international hospitality brands . “ Inbound business is heavily driven by government delegations for government travel and they like to use
GREATER CHINA NOW MAKES UP A SIZABLE AMOUNT OF OUR TOTAL REVENUE AND IS THE SECOND LARGEST MARKET AFTER THE U . S .
– LAURENT KLEITMAN , GROUP
CEO , MANDARIN ORIENTAL
HOTEL GROUP
Chinese hotel chains , such as Jinjiang and H World that have hundreds of thousands of rooms , including five-star hotels , because they ' re local and keep the money within the domestic market ,” he said .
Historically , Hong Kong has been viewed as an entity unto itself , but times have changed . Bagaeen said it ’ s doing well but has struggled quite a bit since the yellow umbrella protests of 2014 when large corporations ,
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