Crisis in the Chinese hotel industry (on)

 Crisis in the Chinese hotel industry
Zhao Huan Yan to speak at two conferences on the part of the summary

First, the Chinese hotel industry with the Chinese economy is promising as
(a) of the Chinese hotel industry investment is still in progress
(b) the management of China's hotel industry is still very optimistic about the market
(c) After a catastrophe for the Chinese hotel industry growing
Second, the choice of new opportunities
(a) new Airport and area attractions the highway is a good opportunity for investment
(b) Resort bullish
(c) of the exhibition is to bring the power of the hotel industry boom
(d) Incentive Travel is the next largest potential
three elements
four hotel marketing, hotel industry to seek external support
(a) the implementation of industry damage assessment
(b) calls on the Government provides incentive travel into the cost of doing business
(c) the call to the industry's lowest protective price
(d) calls for consideration of tax cuts
I were invited to participate in the 2008 November 28 to November 30 in Beijing Gehua New Century Hotel at the session) of China Hotel Industry Marketing Conference a meeting as guests attended the seminar.
part of my speech is as follows.
First, China as China's economy hotel industry is promising with the
(a) investment in China's hotel industry is still in progress in
1. 2008 年 9 23, the Land Bureau in Nanjing public sale of land use rights at the scene, Nanjing 12 block public sale, Hong Kong Kerry Properties Kerry Group China Co., Ltd., Shangri-La China Limited, together with the reserve price carbendazim Investment Co., Ltd. won the Drum Tower District 2 billion Central Road, G226 block. The land is located in the Central Road,UGG boots clearance, No. 331, to sell an area of 17,000 square meters, the nature of the hotel industry, land, commercial office space . Hong Kong Kerry Group's direct investment in the land of more than 10 billion yuan, is by far the largest foreign investors in Nanjing a single investment in tourism, is a famous hotel management groups overseas investment in high-star hotel in Nanjing, the first case , open foreign owned high-star hotel was built in Nanjing, a precedent.
2. 2008 年 10 16, Dubai World Group Co., Ltd. Li Mansi it belongs Li Mansi joint company in Hong Kong a total of 10,400 yuan per square meter 4.368 billion yuan in the price of competing wheat Island reconstruction project in Qingdao City, the right to development and construction, will build five-star hotels and tourism, exhibition and other integrated projects, will start building in 2009, duration 5 years. This is the Dubai World Group in mainland China investment The first hotel complex class project.
3. 11 29, Shanghai Tower project started, the investment 14.8 billion. 632 meters of the Shanghai Center will be the tallest building,UGG boots cheap, is expected in 2010 when the underground part of the cap Expo, cap structure and part of 2012, put into operation, completed in 2014 delivered. one of the hotel will be the introduction of top international hotel management company.
(b) the management of China's hotel industry is still very optimistic about the market
Beijing Olympic Games, the international hotel management began a fierce brand of no less than the stadium in the management of China's competition for the new hotel.
2008 年 8 24, the Beijing Olympic Games closed. the world's top ten international hotel management company and the composition of the two seeded rookie management market in China, the race began.
1. intercontinental
9 6, Crowne Plaza Paragon Xiamen opened 327 rooms.
9 12, InterContinental Wuhan, Wuhan New City Holiday hotel management contract signed by the Wuhan New City International Expo Centre Limited investment.
10 15, Shimao Group has signed agreements with Continental, the Shimao Group in Beijing, Shanghai, Fuzhou, Shaoxing and Mudanjiang in 5 cities of 6 hotels with InterContinental Hotels and Resorts, Crowne Plaza Hotels & Resorts and Holiday Inn Hotels & Resorts three brands, the Shanghai Songjiang District, Shanghai Shimao new experience Intercontinental Hotel has 17 layers deep underground, after the completion of the hotel is expected to become the world's lowest elevation of all hotel will be opened by 2013. Shimao Group plans to the number of hotels in China increased more than 20 high-end, a total of 7,000 rooms, and huge amounts of money needed for investment than self, the hotel through the Shimao IPO market to raise, plan the second half of 2009, after the Separation of this part of the business listed in Hong Kong, in September 2008 assessed value of its hotel business assets 34 billion yuan, of which 3 in Shanghai, more than 1,000 5-star hotel Shanghai high-end hotel rooms account for more than 10% market share. InterContinental Hotel in Greater China, the opening number of more than 2,100 rooms, opened in late 2008 the number of hotels in Greater China will exceed 100, while more than 100 hotels under construction .
10 16, Intercontinental in Hong Kong announced the introduction of its first five stylish hotel brands Indigo, and China's Hong Kong, Shanghai, and Singapore and Tokyo as the first to enter the city.
10 21, Shimao Group and Continental sign on the city of Fuzhou Shimao days, this is the first time into Fujian Intercontinental brand.
11 5 April, Intercontinental Hotel, Dalian Ocean opened 508 rooms, 13 meeting rooms, Dalian is fighting for Summer Davos Management Limited, its membership development and construction of cross-strait investment in Shanghai, Shen Jiang (Group) Co., Ltd. is a wholly owned subsidiary of Shenjiang. Hotel Indigo price and four-star, five-star hotels rather, the existing residential or to transform the commercial buildings would be a major Asia-Pacific Hotel Indigo practice.
11 25, by the Overseas Investment Hangzhou Overseas Shipping Group Shanghai Express by Holiday Inn opened, the hotel formerly Hangzhou Overseas Sea Hotel.
November, Qingdao Haier Intercontinental Hotel opened, there were 438 rooms.
2. Wyndham
8 24, from Inner Mongolia in the margin of real estate development companies to invest 5,000 million hotel project Ailidaisi Binhai New Area of Jinzhou in Liaoning started with 181 rooms, plans Nov. 30 completion of the main project, August 1, 2009 opening.
9 26, Days Inn Teng Cheong Industrial Co., Ltd. and Chongqing in Chongqing on the state to Days Hotel signed agreement.
9 26, the first Howard Johnson Hotel Guiyang contract.
10 23, North Town,Bailey UGG boots, Shunde, five-star Plaza Hotel Jinmao Hua Meida cap investment over 500 million element.
11 10 May, Howard Johnson Hotel Tangshan, Nanjing Metro Group Project contracted investment by Shanghai Investment Co., Ltd. existence, with a total investment of 1.8 billion, will build five-star platinum standards, respectively, five-star, four-star grade 3 garden-style hotel group, with a total construction area of 200,000 square meters, the project also includes the size of the East China region to fill gaps in the conference room can accommodate 1,200 people multifunctional meeting rooms,Discount UGG boots, the entire construction project in two phases, 3 years to complete.
3. Marriott
11 early April, Zhengxiang real estate for Fuzhou Jinshan Central Business District hotel management contract with Marriott.
Shenzhen The Ritz - Carlton, 15 February 2009 opening, there are 273 Rooms from Shenzhen Galaxy Real Estate Development Co., Ltd. investment is Marriott Ritz - Carlton Hotel Group in China, 6 hotels, top 5 hotels are located in Beijing, Shanghai, Guangzhou and Sanya, which Beijing 2.