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A small number of so-called hotel chains or hotel systems own a sizable number of properties. One indication that hotel systems have entered the globalization phase is the quick rise of large hotel corporations. The People's Republic of China (PRC) has had businesses among the top hotel systems in the world since 2006. The beginning of a new phase in the history of the biggest hotel systems can be viewed as symbolically occurring this year. This study identifies two key tendencies. On the one ha
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Jul 2022