TOURISM & AVIATION
Dusit venture to lure Chinese
15% increase targeted in next seven years
- Published: 28 Jan 2013 at 00.00
- Newspaper section: Business
Dusit International, a local hotel management company, is confident that the recent joint venture with Changzhou Qiao Yu Group will help to expand its Chinese customer base from the current 5% to at least 15% by 2020.
Dusit has seriously focused on the China market as it sees considerable room to grow in this market and believes that the expansion will strengthen the market network in the future.
Under the agreement signed last week, a new company, Dusit Fudu International Management (Shanghai) Co, was set up with registered capital of RMB30 million.
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