Hilton (NYSE: HLT) today announced the opening of The Mermoon Resort Hainan Tufu Bay, Tapestry Collection by Hilton, marking the entry of Hilton s lifestyle brand into the unique vacation destination of Hainan Island, China s southernmost point. Inspired by a romantic local fishing legend, the hotel combines the island s fishing village culture and the natural beauty of Tufu Bay to create a modern tranquil paradise that enables travelers to explore and immerse themselves in a tropical paradise. The resort is owned by China Energy Construction Group Co., Ltd. and managed by Hilton.
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As China's rubber-stamp parliament gathers in Beijing this weekend, President Xi Jinping is expected to officially kick off his third term. China's Communist party will likely initiate further institutional reform.