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Greenland Hotels signs management contracts for six new brand-output projects

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Shanghai, September 19, 2018 — On September 17, 2018, Greenland Hotels accelerated its "asset-light" strategy development by successfully signing contracts for five overseas projects, including the Pullman Kaloum Conakry in Guinea, the Pullman Vientiane and the Ibis Styles Apartments in Vientiane, Laos, the Ibis Styles Phuket Resort in Phuket, Thailand, the Fortune Park Premier in Haiphong, Vietnam, as well as one domestic project, the Ibis Styles Shanghai Jinshan. This signing marks the widest geographic coverage since Greenland International Hotel Management Group began its asset-light expansion and signifies a phased achievement in its layout along the Belt and Road. According to plan, these six hotel projects will open successively within the next one to two years.

  Executive management of Greenland International Hotel Management Group celebrates the signing of hotel management agreements with six property owners

  Mr. Li Xiaopeng, Chairman of Kaloum Hotels Co., Ltd. and President of Dewei Group; Mr. Huang Guoping, Chairman of Wanfeng Group; Mr. Phopphon Sriwiha, Marketing and Sales Director of Emerald Development Group; Mr. Ji Yongbin, CEO of Qiaofeng Group; Mr. Wu [Name Redacted], Chairman of Shanghai Jinshan New City Industrial Co., Ltd.; Mr. Pang [Name Redacted], Executive Vice President of Greenland Real Estate Investment Group; and Mr. Zhu Zhiying, General Manager of Greenland Hotel Management Co., Ltd., attended the contract signing ceremony.

  This signing represents the widest geographic coverage since Greenland Hotels Group began its asset-light expansion and marks a phased victory in the group’s strategic layout along the Belt and Road. With this signing, Greenland Hotels has now signed contracts for over 40 hotel projects internationally, totaling more than 9,500 rooms. The brand has successfully established a presence in key cities along the Belt and Road, including Phnom Penh in Cambodia, Kuala Lumpur in Malaysia, Bangkok, Pattaya, and Phuket in Thailand, Vientiane in Laos, and Haiphong in Vietnam, as well as in Guinea in Africa, which lies within the natural extension zone of the Belt and Road.

  The Pullman Kaloum Conakry in Guinea is the first and only hotel in Africa built and managed by a Chinese company. Its signing marks Greenland Hotels Group as the first Chinese hotel management company to enter the African continent.

  Speech by Ms. Zhang Yun, Executive Vice President of Greenland Holding Group

  “As an important part of the consumption sector of Greenland Group, the Greenland hotel and tourism business will be further expanded and strengthened,” said Ms. Zhang Yun, Executive Vice President of Greenland Holding Group. The Greenland hotel and tourism sector boasts significant scale and strength, with a presence in 70 cities across 12 countries on five continents, operating over 160 hotels and managing nearly 80 billion yuan in assets. In the future, Greenland International Hotel Management Group will leverage its strengths to accelerate its layout in hotels, conventions and exhibitions, destination management, and travel platforms, creating a comprehensive tourism industry cluster covering the entire upstream and downstream ecosystem.

  Due to its outstanding performance in asset-light expansion and strong brand influence, Greenland Hotel Management Group was recently awarded “Asia’s Most Investment-Valuable Hotel Management Group” at the award ceremony of the 11th International Hotel & Tourism Investment Summit, known as the “Davos of Asian Travel & Tourism.” It also received the “2018 China’s Most Investment-Valuable Hotel Management Company” at the 15th “China Hotel Golden Pillow Awards.”

  Greenland Hotels awarded “Asia’s Most Investment-Valuable Hotel Management Group”

  Details of the newly signed hotel projects:

  Africa, Guinea — Pullman Kaloum Hotel

  The Pullman Kaloum Hotel in Guinea is located in the very center of Conakry, the capital city, and is positioned as a large-scale comprehensive business hotel. With a total construction area of 38,000 square meters, it will include 291 guest rooms and 40 executive apartments, and is expected to open by the end of September 2018.

  Laos, Vientiane — Pullman Hotel and Ibis Styles Apartments

  Located in the That Luang Lake Special Economic Zone in Vientiane. The project is 2 km from the Prime Minister’s Office, 6 km from the airport, and 3 km from That Luang Stupa. The site serves as a gateway hub connecting the eastern and western parts of the city, integrating major functions such as financial offices, commercial spaces, residential areas, and entertainment, supplemented by municipal services, hospitals, educational and religious facilities. The Ibis Styles Apartments have completed civil construction and are currently in the interior design phase, with a construction area of approximately 25,000 square meters and around 250 rooms. The Pullman Hotel is currently under civil construction, with a building area of about 35,000 square meters and approximately 300 rooms.

  Thailand, Phuket — Ibis Styles Phuket Resort

  The project is located on Kamala Beach, a pristine private beach area in Phuket, covering a total area of 30,000 square meters. It consists of 200 independent villas with direct sea views. The resort is equipped with a swimming pool, gym, restaurant, and is built to a five-star standard. It is a rare luxury villa-style resort in Phuket and will serve leisure travelers from around the world in the region upon completion.

  Vietnam, Haiphong — Fortune Park Premier Hotel

  Invested and developed by Qiaofeng Group, the project is located within the OUR CITY complex and will feature 85 guest rooms. It is expected to open in December 2018.

  China, Shanghai — Ibis Styles Shanghai Jinshan

  The project is situated on Xincheng Road in Jinshan District, located at the core of the Urban Beach scenic area, and will be the only five-star standard hotel in the vicinity. With a construction area of approximately 40,000 square meters and 302 guest rooms, it is expected to open in 2019.

(This article is reprinted from Youddoo Travel Network)

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