Langham shrugs off glut worries amid expansion

Langham Hospitality Group, owned by Hong Kong developer Great Eagle, has quickened its expansion as it takes on international rivals Marriott and Sheraton in the increasingly competitive mainland hotel market.

Worries about a room glut are mounting but chief executive Brett Butcher said the company, which aimed to have 50 mainland properties under its stewardship, could gain the upper hand over its Western competitors as it offered better food and services to Chinese customers.

via Business feed http://www.scmp.com/business/companies/article/1096056/langham-shrugs-glut-worries-amid-expansion