China's Central Enterprises To Divest Hotels
According to the official website of China's State-owned Assets Supervision and Administration Commission, in 2010 most central state-owned enterprises will start to divest their interest in, or reorganize the ownership of, hotels that are not part of their primary businesses.
Grand Soluxe Hotel Opens In Sanya
The Grand Soluxe Hotel & Resort Sanya, built for a total of CNY500 million, has opened in Sanya, Hainan.