Among the more than 70 hotels that Wanda sold to R&F in July 2017, in addition to the Wanda Reign Hotel in Wuhan, which tops the list, the Wanda Westin Hotel in the same city is also in the contract, but the latter is not as lucky as the former, and can still use Wanda's signboard to complete the deal
2017 was a year of twists and turns for Wanda, with events such as acquisition blockages and painful sell-offs causing the once unrivaled Wang Shoufu to lose a lot of money in a short period of time. On July 10 of the same year, Wanda sold its 13 cultural tourism projects and 76 hotels at a price of more than 60 billion yuan
Unlike most of the hotels on the list, New World Hotels is still a little-known in the circle, but the strength of New World Development behind the hotel should not be underestimated, it is one of the constituent stocks of Hong Kong's Hang Seng Index, the group's main focus on the department store industry, and its subsidiary Xinshi
Shangri-La, originally a fictional paradise in Tibetan, was named the first Shangri-La hotel in Singapore in 1971 by Malaysian-Chinese businessman Kwok Hok Nian, known as Asia's sugar king. Today, Shangri-La is Asian
Sheraton Wuhan Hankou Hotel is located in the central business district of Wuhan, developed by Oceanwide Holdings and operated by the Sheraton brand. Sheraton is the earliest brand of Starwood Group to enter the Chinese market, and it is also the oldest and most distributed hotel brand under Starwood
Opened in 2008, Marco Polo Wuhan is part of Hong Kong's Wharf Group, a household name in Hong Kong, which was originally the largest cargo port in Tsim Sha Tsui, but in 1980 the Chinese ship king Bao Yugang increased his shares to gain control, making it a British-owned foreign company to Chinese
Like Hyatt and InterContinental on the list, Hilton is also a world-renowned hotel brand, but Hilton International is actually a British company that manages Hilton hotels and Scandic hotels outside of North America. And the Hilton trademark in North America makes
Opened in 2006, Ramada Optics Valley is one of the earliest foreign five-star hotel brands in Wuhan and belongs to Wyndham, the world's largest hotel group. Wyndham was founded in 1954, and as of the first quarter of 2018, it has 8,300 hotels,
With more than 5,000 hotels in nearly 100 countries and regions around the world, with a total of more than 600,000 rooms, the above is the strong overall strength of InterContinental Hotels Group PLC (IHG). In 1946, Pan Am launched the continent in Brazil
In 1957, Hyatt House opened at Los Angeles International Airport, the first step in Hyatt's development. Today, Hyatt has six hotel brands, more than 200 hotels and more than 90,000 rooms in more than 40 countries around the world. A five-star brand of the Hyatt Group