After MGM Hotel turned its back on a partnership with Hyatt and went to the Marriott camp, Global Hotel Management company Swiss-Belhotel International had another big announcement today in the global hospitality industry world.
Swiss-Belhotel International, based in Indonesia, signed a significant MOU with CTG Hotel, part of China Travel Group.
The MOU will explore dual branding of hotels, and diversified development opportunities in both the China and international markets.
This alliance is seen as an opportunity for Swiss-Belhotel International to accelerate its global expansion and strengthen its presence worldwide.