Wanda Hotels 2014 revenue dropped HK$1.162 billion and the value of its property investments in Fujian Province decreased HK$147 million.
Vienna Hotel wants a Series C financing round this year to raise at least RMB1 billion and pave the way for an IPO in 2017.
Jones Lang LaSalle (JLL) forecast that Chinese companies will invest an estimated US$5.1 billion in US hotel assets this year.
Chinese investments are set to grow rapidly thanks to long-term investment strategies and therelaxation of cross-border capital flow control.
Jinjiang Inn’s Metropolo Hotel brand will set a milestone for globalization in 2015, its biggest challenge now is to build a talented team to move forward.
The high growth period for China's domestic property market has past and Chinese companies are now forced to invest in overseas real estate.
The Sages Hotel Group received a joint investment of RMB30 million from Time Warner Capital and Shanghai Xianyi Capital
The new Home Inn Plus was featured alongside Home Inn’s existing mid-range hotel brands, Yitel, in the last Shanghai Biennale.
