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With urbanization expansion in China, second and third-tier cities are becoming increasingly important, which are attracting more attention from Hyatt management, said Udell, adding that Tianfu Minyoun has rich experience in operating in such areas.
In addition to the partnership with Hyatt, Tianfu Minyoun has its own proprietary brand portfolio to run.
"The partnership with Hyatt will help us to expand in China, yet quality assurance is a prerequisite for the expansion," Zhang said. "Cooperating overseas is also part of our plan."