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China's hotel investors and operators have mismatched expectations

China's middle classes are spending a growing portion of their hard-earned cash on travel, both domestically and internationally. Australia alone welcomed 650,000 Chinese visitors last year, where they spent more per person than tourists from any other country.

11 Sep 2013 - 4:58AM

China's middle classes are spending a growing portion of their hard-earned cash on travel, both domestically and internationally. Australia alone welcomed 650,000 Chinese visitors last year, where they spent more per person than tourists from any other country.

China's hotel investors and operators have mismatched expectations