Europe's largest hotel group Accor SA (ACCP.PA) is among bidders for Shanghai Motel Management Co, a Chinese motel chain majority owned by Morgan Stanley (MS.N) which could fetch up to $1 billion, sources with direct knowledge of the matter said on Thursday. Chinese budget hoteliers Home Inns & Hotels Management Inc (HMIN.O) and Shanghai International Jin Jiang International Hotels Group Co are other bidders that might have expressed interest, they said. The company, which operates the Motel 168 budget Chinese motel chain, offers a rare chance to grab market share in China's booming internal travel industry.
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