The luxury Peninsula hotel chain plans to open properties in China and India, where expanding economies and rising consumer wealth promise demand for high-end lodging, said Clement Kwok, chief executive officer of owner Hongkong & Shanghai Hotels.

With nine locations around the world, Peninsula is also interested in a London location after making its Paris debut in 2012, Kwok said in an interview at the hotel’s Beverly Hills location. The company’s five- to 10-year plan calls for operating a maximum of 15 properties, he said.