IHG signs 10 hotels across seven brands in western China
Intercontinental Hotels Group (IHG) has just signed deals for 10 new properties in western China across seven of its brands.
Intercontinental Hotels Group (IHG) has just signed deals for 10 new properties in western China across seven of its brands.
CapitaLand's wholly owned serviced residence business unit, The Ascott Limited (Ascott), is stepping up the expansion of its Citadines brand in China through a joint venture with one of China's leading hotel operators Huazhu Hotels Group (Huazhu) and Huazhu's subsidiary and an apartment rental firm, CJIA Apartments Group (CJIA). Listed on Nasdaq Stock Market since 2010, Huazhu has a market capitalisation of US$10.4 billion and the third largest market share in China's midscale hotel segment with a total portfolio of over 380,000 hotel rooms. CJIA, within a short span of over two years, has expanded quickly to collaborate with over 100 property management firms with 10,000 apartments. With an initial registered capital of RMB 100 million (S$21 million), Ascott, Huazhu and CJIA will hold 50%, 10% and 40% respective stakes in the partnership. The joint venture will focus on growing Citadines in the first-tier Chinese cities of Shanghai, Beijing and Shenzhen for the initial years. It has secured its first property in the Pudong district of Shanghai, which will come under the Citadines brand and enjoys easy access to the city's financial district.
CapitaLand's wholly owned serviced residence business unit, The Ascott Limited (Ascott), is stepping up the expansion of its Citadines brand in China through a joint venture with one of China's leading hotel operators Huazhu Hotels Group (Huazhu) and Huazhu's subsidiary and an apartment rental firm, CJIA Apartments Group (CJIA). Listed on Nasdaq Stock Market since 2010, Huazhu has a market capitalisation of US$10.4 billion and the third largest market share in China's midscale hotel segment with a total portfolio of over 380,000 hotel rooms. CJIA, within a short span of over two years, has expanded quickly to collaborate with over 100 property management firms with 10,000 apartments. With an initial registered capital of RMB 100 million (S$21 million), Ascott, Huazhu and CJIA will hold 50%, 10% and 40% respective stakes in the partnership. The joint venture will focus on growing Citadines in the first-tier Chinese cities of Shanghai, Beijing and Shenzhen for the initial years. It has secured its first property in the Pudong district of Shanghai, which will come under the Citadines brand and enjoys easy access to the city's financial district.
Released exclusively as an e-book, The Hotel Yearbook 2022 - Technology in China will appear in June 2018. It will feature editorial contributions from travel and hospitality technology opinion leaders in China and around the world, sharing insights on how technological trends in the hotel industry will affect China's burgeoning hospitality sector.
Tang's Living Group, a Hong Kong-based vibrant young group with a growing range of hospitality projects, is delighted to announce that Hotel Ease Access.Tsuen Wan, the second hotel under the Hotel Ease Access brand, opens today.
China's first Atlantis resort in the city of Sanya has officially opened, culminating four years of anticipation for a CNY 11 billon (close to US Dollar two billion) project, developed by owning company - Fosun International and managed by reputable and global hospitality leisure brand operator, Kerzner International. Atlantis Sanya promises to redefine holidaymaking and propel Hainan Island into a new era of world-class hospitality and tourism.
With the introduction of various family-oriented resorts in the Cotai Strip, more diversified tourist base is embracing Macau as a destination, as compared to the casino crowd in the downtown area of old. The wide range of activities offered in these resorts, from gaming to non-gaming, have led tourists to visit Macau. The newly-opened resorts induced demand, notably tourists from mainland China, South Korea, and Japan, which greatly improved hotel performance in both occupancy and average rate (ADR).
Four Seasons Hotel Shanghai welcomes Adrian Messerli as General Manager. Following his career journey with Four Seasons, Messerli makes the move from his most recent post at Four Seasons Resort Seychelles to Shanghai. Born and raised in Switzerland, Messerli has travelled widely over the course of his career, climbing in management at Four Seasons destinations in the Caribbean, South America, Europe, the Middle East and East Africa - where he was first appointed General Manager in Seychelles - en route to Shanghai. In addition to his current role as General Manager at Four Seasons Hotel Shanghai, Messerli was handed the newly created role of Global Spa & Wellness Lead with focus on People Development. The Shanghai property was Four Seasons first address in China. The historic city centre of Puxi outside has changed quite a bit since the hotel began welcoming guests in 2002 - especially over the last few years. "This area is now buzzing with dining, amusements and luxury shopping, and everyone on the streets seems so energetic and stylish," observes Messerli. "It has really been an amazing transformation."
Marriott International, Inc. (NASDAQ: MAR) announced its redesigned storefront on Fliggy, Alibaba's travel service platform, and the rollout of Post Post Pay (PPP) functionality across more than 1,000 Marriott hotels globally. Through the digital solutions, Marriott International elevates both the online and offline travel experience for Chinese consumers.
In the past few years, China has become a popular country for hotel investment. Hotel deals signed by international hotel management companies (HMCs) keep growing, especially midscale hotel deals. HMCs have adjusted their strategic layout and started to pay attention to the midscale hotel market. Meanwhile, more investors have started to focus on ROI instead of just chasing trophy assets that don't make money. In order to gain a better understanding of this latest trend, the team at Horwath HTL China Beijing, analyzes the data of midscale and above hotel brand deals, signed by international HMCs, to provide a comprehensive interpretation for investors and operators.
Hyatt Hotels Corporation (NYSE: H) announced today the opening of a Grand Hyatt hotel in one of China"s most ancient cities, Xi"an. Reinterpreting the city"s rich history and multicultural influences with a contemporary splendor, the Grand Hyatt Xi"an hotel places guests center stage for a memorable journey in this legendary destination and marks another important milestone for Hyatt"s continued brand expansion in Northwest China.
Gary Shao, from Horwath HTL, Shanghai, has produced the latest market report from China. Wuhan is the provincial capital of Hubei and the largest economy in central China. Given the city's rapid expansion powered by several major developments, the Wuhan hotel market is experiencing severe competition, coupled with a large number of new hotel additions expected to open in the near future.
Wharf Hotels is pleased to announce the promotion of Mr Jorgen Christensen as General Manager of Niccolo Changsha, slated to open towards the end of 2018, as the fourth contemporary urban chic hotel under the Niccolo Hotels collection. Prior to his appointment, Jorgen was the General Manager of the group's upscale deluxe property, Marco Polo Changzhou for 3 years. A seasoned hotelier with over 25 years of experience, Jorgen has held senior management positions with luxury hotel brands including Shangri-La Hotels and Resorts and The Langham Hotels and Resorts in Asia Pacific, as well as hospitality roles in Europe, and the United States. Over the years, Jorgen has opened four luxury hotels and repositioned four others, resulting in positive changes for the hotels and increased business with related returns for the owners.
ONYX Hospitality Group, one of the region's leading hotel management companies, is enhancing its commitment to China by strengthening its Shanghai-based team structure. In addition to creating a new Greater China regional base in Shanghai, the company has appointed Gina Wo to a newly-created role as Senior Vice President and Head of Greater China, effective 26 March 2018.Joining ONYX Hospitality Group after over 16 years at InterContinental Hotels Group, Gina will oversee all aspects of the company's ongoing growth and expansion in one of the world's fastest growing economies. To be based in Shanghai and reporting directly to President and CEO Douglas Martell, Gina will focus on further growth through the localisation of the company's long-term strategic road map, to solidify the positioning of ONYX Hospitality Group as the hospitality player of choice among travellers, team members, investors and partners in the Greater China region.One of Gina's first priorities at ONYX Hospitality Group would be to increase the company's corporate talent capabilities in Greater China by reviewing the existing manning and structure, as well as strengthening the company's regional operations, hotel openings and commercial expertise in order to ensure its sustained and continued growth in line with robust portfolio expansion in the coming years. The Shanghai regional headquarters will be complemented by a satellite office in Hong Kong, with team members dedicated to supporting the company's Hong Kong presence.This strategic move follows significant recent China development wins for ONYX Hospitality Group, including a China-wide strategic partnership with Sincere Holdings Group for both companies to exclusively develop and open multiple Shama serviced apartment properties across 12 key cities across China. Amari, the company's flagship hotel brand, also launched its first hotel in China in 2017 with the opening of Amari Yangshuo in Guilin.
A German national, Boris was raised in Germany and Japan. He holds a Bachelor Degree in Hospitality Management from Purdue University, USA and is currently a part-time Executive MBA Scholarship Student at the Mannheim Business School in Germany.Boris possesses extensive work experience throughout China. He started his career in Asia as a front office nanager at Grand Hyatt Beijing in 2002 before taking the next step on the ladder as director of rooms at Hyatt Regency Hangzhou in 2004. Another couple of years later, he moved back to Grand Hyatt Beijing in the same capacity.In 2008, Boris became director of operations at the Conrad Shanghai and shortly thereafter was appointed resident manager and subsequently resort manager of the Conrad Maldives Rangali Island. An assignment at the Hilton Hua Hin Resort & Spa in Thailand was followed by Boris joining Wanda Hotels & Resorts. He managed with great success the Wanda Vista Changsha as well as the Wanda Reign Wuhan which, in 2015, led to him earning the responsibility to open their flagship Wanda Reign on the Bund, Shanghai and a promotion to managing director of East China.
After the opening of its flagship Golden Tulip Shanghai Rainbow, the brand Golden Tulip reveals its new hotel, ideally situated in the famous Bund's district. Based in the heart of Shanghai, the Golden Tulip Bund New Asia hotel proudly wears the brand's new positioning «PLAYTIME. ANYTIME». It will be operated under jin Jiang Louvre Asia Management contract.
Analysts at Lodging Econometrics (LE) report that according to the recent China Construction Pipeline Trend Report, the Total Pipeline has 2,471 Projects/548,628 Rooms, up 6% by project Year-Over-Year (YOY).There are 1,743 Projects/374,156 Rooms Under Construction, up 4% by projects YOY. Projects Scheduled to Start Construction in the Next 12 Months are at 365 Projects/80,216 Rooms, up 28% by project YOY, while projects in Early Planning at 363 Projects/94,256 Rooms are down 5%.The top hotel companies in China's Construction Pipeline are: Hilton Worldwide with 327 Projects/77,270 Rooms, InterContinental Hotels Group (IHG) with 281 Projects/69,893 Rooms and Marriott International with 268 Projects/75,472 Rooms. The largest brand in the Pipeline for each of the these companies are: Hilton's Hampton Inn & Suites with 145 Projects/22,412 Rooms, IHG's Holiday Inn Express with 124 Projects/24,285 Rooms and Marriott's full-service hotel with 60 Projects/18,671 Rooms.Cities in China with the largest pipelines are: Shanghai with 132 Projects/25,367 Rooms, Guangzhou with 106 Projects/25,015 Rooms, Chengdu with 93 Projects/20,788 Rooms, Hangzhou with 79 Projects/17,996 Rooms, Suzhou with 75 Projects/14,360 Rooms and Beijing with 72 Projects/13,009 Rooms.
CHICAGO -- Tianfu Minyoun Hospitality (Tianfu Minyoun) and Hyatt Hotels Corporation (NYSE: H) today announced that Hyatt and Tianfu Minyoun entered into a strategic development agreement to drive the expansion of Hyatt Place and Hyatt House hotels in China. The franchise agreements for the first three Hyatt-branded hotels under this strategic development agreement were also signed on the same day.
One of the strongest drivers of global economic growth isn't factories or financial services or internet startups, it's what we do when we're not working. We are becoming a planet of tourists.
Top Speakers from major travel companies, such as Ctrip, one of the biggest online travel agencies in China, as well as Google, Expedia Affiliate Network, VisitFinland, Wyndham Hotels, Tencent, Meituan, China Tourism Academy will provide exciting insights into their expanding markets in the conference of the second edition of ITB China (16 – 18 May 2018 in Shanghai). This think tank of Chinese travel, co-hosted by TravelDaily will provide up-to-date key insights of these seven areas: 'Destination', 'Travel Tech', 'Corporate Travel & MICE', 'Online Travel', and – for the first time – 'Unique Travel', 'Business Travel' and 'Education & Job'.