PARIS Accor is to become a joint partner in Zenith (formerly KYZ) Hotels International, one of Chinas most successful hotel management companies. Zenith currently operates nine hotels, including eight in China, and has another four hotels under development.
Accor believes China has enormous growth potential in its tourism and hospitality sector. Possibilities for further cooperation between Accor and Zenith hotels will be evaluated within the coming three months. (1/3/01)