Ding Yuan mentioned that China will become the world's largest economy in the future and will be twice as large as the US market. At present, it is also strengthening the protection of intellectual property rights and actively improving the business environment of foreign businessmen. Many high-pollution factories in China have been closed down. Foreign investors should adopt an optimistic attitude to seek more cooperation. Ding Yuan said that in the process of becoming a core position in the world, China needs to shoulder more responsibilities - to be open and to be equal.
Hotels: Occupancy Rate decreased 1.2% Year-over-year
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From STR: U.S. hotel results for week ending 27 April
As expected with Passover, U.S. hotel performance came in lower than the
previous week and comparable...
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