Guanshanhu, Hotel Indigo sign investment deal

Guanshanhu attends an investment promotion event to attract Guangdong enterprises to invest in Guiyang. [Photo/guanshanhu.gov.cn]

At an investment promotions event held on Sept 8 in Guangzhou – located in South China's Guangdong province  – Guanshanhu district of Guiyang, capital of Southwest China's Guizhou province, signed an investment agreement worth 500 million yuan ($77.26 million) with Hotel Indigo.

Hotel Indigo is an international boutique chain hotel brand owned by the InterContinental Hotels Group.

It is expected that the investment agreement will help boost the quality of Guanshanhu's hotel sector.

In the future, Guanshanhu is seen further expanding its sound business environment as a result of the deal.