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Thursday, 16 July 2026

2 hours ago

SM Prime opens first China hotel, bets on $3.5-trillion tourism market

By: Miguel R. Camus

Xiamen City , CHINA —SM Prime Holdings Inc. is making its biggest tourism bet in China yet, opening its first hotel as the country's travel market is projected to become the world's largest, with tourism spending expected to reach $3.5 trillion by 2036.

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