Its major shareholders include Dusit International, Changzhou Qiao Yu Group and noted hospitality veteran Giovanni Angelini, former CEO of Shangri-La Hotels and Resorts.
“Dusit Fudu Hotels and Resorts will develop the Dusit Thani, dusitD2, Dusit Devarana and Dusit Princess brands throughout China,” said Chen Li Bin, Chairman of Dusit Fudu. “We look forward to a very successful future with this newly formed management company.”
The company expects to be operating at least 30 properties in China within the next three years, focusing on mid-tier to deluxe projects in Changzhou, Qingdao, Qingyuan, Lingshui, Shenyang, Kunming, Chengdu, Chongqing, Shanghai, Xiamen, Fuzhou, Suzhou and Shaoxing.
The first of these hotels, dusitD2 Fudu Binhu Hotel Changzhou, soft opened on July 23.
China is now Thailand’s largest feeder market with 1.1 million visitors to Thailand in Q1 2013, a 100 per cent increase year on year. In addition, Chinese travellers spent a record US$102 billion (B3 trillion) on international tourism in 2012, a 40-per-cent rise in two years. – AsiaTravelTips