Article - Hyatt, HTTG and The Dragon Group Announce Strategic Cooperation Agreement to Develop Hotels in China - The cooperation aims to drive the expansion of hotels under Hyatt s Independent Collection and select service brands in China and foster the strategic development of The Dragon Group and its hotel brands.
Hyatt inks deal to develop dozens of new China hotels – TravelMole travelmole.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from travelmole.com Daily Mail and Mail on Sunday newspapers.
Hangzhou Trade and Tourism Group (“HTTG”), Zhejiang Dragon Hotel Management Group Co., Ltd (“The Dragon Group”) and Hyatt Hotels Corporation (NYSE: H) today announced that affiliates of the three parties entered into a strategic cooperation agreement. The cooperation aims to drive the expansion of hotels under Hyatt’s distinguished Independent Collection and select service brands in China and foster the strategic development of The Dragon Group and its hotel brands. On the same day, it was announced that The Dragon Group was acknowledged by Hyatt as a third-party management company for franchised hotels across Hyatt’s portfolio under Independent Collection and select service brands within the territory of China.
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