Economic growth leads to hotels and leisure sector boost

Follow Prabhjot Bedi on Twitter InterContinental Hotels Group (IHT) is well on track to open 125 outlets in China by the end of 2008, Hilton Hotels has teamed with Rreef, the property arm of Deutsche Bank and private equity firm H&Q Asia Pacific, to develop 25 hotels at a cost of £272 million, while French hotels group Accor plans to open 80 hotels in the country over the next two years.

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