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Hotel Management Giants Increase Presence in Shanghai
BASS, a well-known multinational hotel management group, has signed an agreement recently to manage the New Asia Tomson Hotel in Shanghai.
This is the 24th hotel managed by BASS in China.
A BASS source said that his group is confident in the local market as the Chinese economy develops rapidly.
BASS is managing a total of about 1,900 hotels in some 60 countries.
Currently about 20 multinational hotel management giants, including Hotel & Resorts, Accor, and Okura, are managing more than 30 of Shanghai's hotels.
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