GUANGZHOU (Fund China) – The hotel industry to compete for foreign investment in China has already accelerated the pace of the market.

October 10, the United States Carlson global hotel group (Asia-Pacific) that with the newly established private investment funds – Lotus Hotel Investment Fund formed strategic alliances, joint development of China and India hotel market. Expected total investment could reach 3 billion US dollars.

Based on London, Lotus Hotel Investment Fund owned 1 billion US dollars of funds, target is China, India, Thailand, and Vietnam have high-growth markets in Asia looking for investment opportunities in the hotel business, and United States Carlson global hotel group (Asia-Pacific) will be responsible for the operation of these property.

Just this year on October 1 assumed office as United States Carlson global hotel group (Asia-Pacific) CEO Martin Rinck said Carlson owns a number of world-class hotel brands, he believes Lotus Hotel Investment Fund and the combination will be able to bring into full play in the market’s huge potential for development.

Approaching 2008 Beijing Olympic Games and the 2010 World Exposition, foreign hotel for the Chinese market acceleration. Carlson joined hands in private investment funds, the French Accor hotel group announced on September, 62 new hotels are under construction in various parts of China, but also the business in 2010 in China or the construction of hotels target raised to 180 above.

Copyright Fund China 2009.

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