china
Four Seasons and Vanzhong Group to Develop Four Seasons Hotel Xi’an in China
Four Seasons Hotel Xi'an | June 28, 2022
TORONTO, June 28, 2022 -- Leading luxury hospitality company, Four Seasons Hotels and Resorts and esteemed Chinese development firm, Spring Garden Company Limited, a subsidiary of Vanzhong Group, announce plans for the upcoming Four Seasons Hotel Xi'an. Four Seasons and Vanzhong Group Announce Luxury Hotel in Xi’an. "Xi'an is a dynamic destination known for its history, culture and incredible growth grounded in the city's flourishing tourism and technology sectors," says Bart Carnahan, President, Global Business Development and Portfolio Management, Four Seasons Hotels and Resorts. "We are thril...
Hyatt and Tianfu Minyoun Hospitality Join Forces for 50 Hyatt Place and Hyatt House in China Over the Next Five Years
Minyoun Hospitality | February 28, 2018
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. As leading hospitality companies in China and the United States, Tianfu Minyoun and Hyatt will bring together their resources and leverage their respective strengths for the development of Hyatt Place and Hyatt House hotels, with plans to bring ...
China – Hotel Asset Management in Numbers
Daniel J Voellm | December 28, 2017
By Daniel J Voellm ABSTRACT A period of irrational hotel development drive by ulterior motives has seen properties being built that are not economical in operations, use of real estate and ultimately investment. The industry must depart from its obsession with full-service hotels and embrace more realistic investment criteria, should hotels ever become a trading asset class with reasonable liquidity, attracting investors from around the globe. Controlling labor cost is paramount and too many properties cannot drive sufficient business to justify their expenses. Most hotels are too large, both in number of units and gross floor area and ...
