Posted 12/19/2023, 12:00:17 AM
Wharf Hotels Plans Asia Expansion with New Luxury and Lifestyle Hotels
- Wharf Hotels expanding in China and abroad, considering new Niccolo, Marco Polo, and Maqo hotels in China, Japan, and Thailand
- Anticipating rise in corporate travel and tourism in China after reopening from COVID restrictions
- Opened first Maqo lifestyle hotel brand in Changsha, China in September, plans 25 by 2025
- Niccolo luxury brand seen as having potential for further growth
- China's hotel industry benefiting from rebound in domestic travel and expected growth of middle class consumer market to $166B by 2028