Thailand-based, global hospitality company Dusit International has signed a strategic partnership with Dossen International Group, one of the fastest growing hotel groups in China, to operate and develop DusitPrincess resorts and residences in China. In line with Dusit's strategy for sustainable and profitable growth, which includes aggressive expansion in China, Dossen aims to sign at least 40 DusitPrincess properties in major leisure destinations throughout China within the next five years. Twenty-seven of these properties are expected to open before 2022, with the rest to follow in subsequent years.
To date, Dossen operates more than 1,200 hotels under eight brands in over 200 cities worldwide. China's tourism industry has seen unprecendented development in recent years following the continuous development of the country's ecomomy. The World Tourism Organization predicts China will become the largest travel destination by 2020, with an estimated 137.10 million international arrivals, equating to 8.6 per cent of the global share.