From Yahoo Finance:
No Plans to Invest Capital in Country
Hyatt Hotels Corp is bullish on China's long-term growth prospects after signing 11 management deals for new hotels to open in the next two years, but remains cautious in the near term because of the risk of oversupply and fluctuations in the country's capital market, an executive said on Wednesday. Stephen Haggerty, global head of real estate and development, said Hyatt's newly announced deals would not be delayed despite global economic headwinds and tight credit availability in China, but added that future projects may slow or be delayed. Click here for the full story.