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Lawless said Jumeirah plans to stand out in China's competitive luxury hotel market by providing diversified services in which each of its hotels "has to stay different". He also said the company is considering bringing more services, such as a restaurant business, to China in the future. Since taking this position in 2007, Maier has led his China group to increase the German luxury brand's annual sales in the nation from almost 20,000 units in 2006 to 140,000 units this year. As Mercedes-Benz is the fastest growing luxury brand in China for three consecutive years, Maier is confident to sell 300,000 cars until 2015 in the country. His efforts and achievements were highly recognized by being awarded the Executive of the Year and People of the Year by influential Chinese media National Business Daily and Guangzhou Daily respectively.The prizes once again prove Maier's outstanding leadership, management, performance and influence in China's prosperous automotive industry, as he has bear the palms of People of the Year since 2007 for several times, and Best Executive in China for two years.Being the car inventor with the longest history, Mercedes-Benz was courageous to build a Young Mercedes image on basis of a long-term icon of "Big Benz" in China.The German premium car provider completes its whole product lineup in China with the launch of its youngest model A-Class in November, successfully establishing a diversified brand image catering to varied demands of local customers.According to the company, its Young Mercedes models have contributed 40 percent of its total sales in China, indicating a huge success of Maier's innovative strategy.

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The Dubai luxury hotel company Jumeirah Group said it plans to significantly expand in China over the next couple of years, because the rising number of wealthier domestic consumers and international tourists are expected to create a huge demand for luxury hotels in the country.Gerald Lawless, executive chairman of Jumeirah Group, said the company plans to sign up approximately 12 new hotels in China by 2012, accounting for one fifth of the 60 new hotels that it hopes to sign up worldwide."There is a huge opportunity within the luxury hotel market in China," said Lawless. He said although Chinese customers only contributed a small part to Jumeirah's business, China is one of Jumeirah's biggest growth markets.Jumeirah have signed up hotels in several Chinese cities including Macao, Hangzhou, Guangzhou and Hainan, according to the company. Earlier this year, it introduced a new hotel brand, Venu, signing up the first one in Shanghai."Chinese customers are still too small relatively speaking (for our business), but it's one of the biggest growth markets we have," said Lawless.He said China contributed about 5 percent of Jumeirah Group's global revenues, up from less than 1 percent two to three years ago. "In places such as Dubai, I would see within five years our Chinese business would be at least 10 percent of our revenue, probably more," he added.China is likely to see the highest growth in Asia as domestic tourism has seen an unprecedented increase in the country. Tourism expenditure has risen on average 14 percent annually, according to the Chinese Academy of Social Sciences.The rapid growth has attracted many major hotel operators to open new hotels in the country. For example, Hilton announced in October that it plans to open 100 new hotels in China over the next five years. Marriott International said it plans to open 60 new hotels in China over the next five years.Michael D. Johnson, dean of Cornell University's School of Hotel Administration, was quoted by Shanghai Securities News as saying that China's hotel market will maintain rapid growth in the future despite the negative effects of the global financial crisis.Johnson holds a positive view towards China's hotel market and noted that it is very likely to surpass the US market in five to 10 years.