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At present, there are 21 Ausotel brand hotels in China. The number of Ausotel brand hotels in China will exceed 150 till 2017. Argyle Hotel Management Group Australia which enters into high-end and luxury hotels sector will focus on its mid-range hotel brand – Ausotel in the future. In October 28, Ausotel Guangzhou Branch was established, while move its headquarters to Guangzhou. It is reported that previous Ausotel headquarter is established together with the headquarter of Argyle Group in Beijing. Zhang Liming, the CEO of Argyle hotel group China area, said to reporter that the problem that Chinese high-star hotel profitability is not strong is increasingly prominent. Many five-star hotels become the burden of local cities, but the mid-range hotel market shows a strong consumer demand.(Translation by Ella) |
