Accor basking in China's hospitality biz

Hotel chain's senior exec optimistic on country's economic trajectory

French hospitality company Accor is seeing increasing opportunities arising from China's flourishing tourism market amid the country's intensified efforts to further tap into the growth potential of domestic demand.

Gary Rosen, CEO of Accor Greater China, said the company remains optimistic about the country's economic trajectory and the potential it holds for its business operations. Rosen hailed China's stepped-up efforts to further prop up the economy and boost demand, particularly in the travel and tourism sector, which he believes remains resilient despite several headwinds and external uncertainties.

"The governments, both centrally and on the provincial level, are equally looking at multiple measures to stimulate the economy and demand," Rosen told China Daily in a recent exclusive interview.