Shangri-La Expansion in China
Introduction Shangri-La Company is a hotel group of Asian origin. It is the fastest growing hotel in the region. It is still spreading its wings across different regions. It has exploited the European and North America markets. In the recent past, it also opened new hotels in the Middle East, Dubai, and Maldives to be precise. The mainland of China is the heart- throb of this company with over twenty hotels and fifteen more expected to be set up by the enterprise. Shangri-La is a public company that was incorporated in 1971 and by 2004; its sales had reached $ ...