China hotels consolidate in wake of zero-COVID lockdowns


Source: nikkei.com nikkei.com

Key Topics in this News Article:

News Snapshot:

Oriental Pearl Tower in Shanghai. China's largest city had been placed under a two-month lockdown due to a surge in coronavirus cases. © AP YUSUKE HINATA, Nikkei staff writer July 3, 2022 05:34 JST | China Copy Copied GUANGZHOU -- China's hotel industry has entered a wave of consolidation as domestic tourism struggles to find its feet after lockdowns in Shanghai and other affluent cities. Read Next