01
BTG Hotels will take measures to improve quality, efficiency and returns
Recently, some investors asked BTG Hotels on the interactive platform about the decline in the stock price and what measures to take to boost the stock price in the future. BTG Hotels said that the company has always regarded good business operation as the core of value creation, and will give full play to the core competitive advantages of industry leaders, seize the opportunity of the improvement of the market situation, continue to unswervingly promote the four core strategies of "development first, product first, member-oriented, and efficiency empowerment", attach importance to sustainable development and the long-term interests of shareholders, and continuously improve the efficiency and quality of ESG governance. At the same time, we will continue to focus on value realization and do a good job in information disclosure and investor communication in an all-round way; Moreover, measures will be taken to effectively "improve quality and efficiency", and establish a good market image of the company. Learn more
02
Intercontinental and Marriott are in dispute over the registration of a brand name
Recently, Marriott filed an application with the U.S. Trademark Office to protect the trademark of City Express, a Mexican hotel brand it acquired last year, in the U.S. territory. However, IHG jumped out to oppose Marriott's application for the trademark, which IHG believed was similar to its own group's "Holiday Inn Express" brand, which it believed could cause confusion among consumers. In accordance with the rules of the Trademark Office, Marriott will respond by the end of June. Learn more
03
BTG signed a strategic cooperation agreement with Hangzhou Business Travel Group
Recently, the 5th Beijing-Hangzhou Dialogue on China's Grand Canal Cultural Belt was held in Hangzhou, and BTG and Hangzhou Commerce and Tourism Group Co., Ltd. signed a strategic cooperation agreement at the event. The cooperation aims to promote the industrial agglomeration, transformation and upgrading of the tourism and trade service industry in the Beijing-Tianjin-Hebei region, and expand BTG's business scope in the Yangtze River Delta region. The signing of this strategic cooperation agreement signifies that BTG and Hangzhou Commerce and Tourism Group will jointly promote the cultivation of new quality development of culture, business and tourism on the basis of resource sharing and complementary advantages. Learn more
04
Harbin signed 15 high-quality hotel projects, Hilton signed 11 new projects in Southeast Asia, and Changzhou High-speed Rail New City signed Sofitel/Novotel Hotels & Residences
Recently, Daoli District of Harbin City seized the opportunity of the explosion of winter ice and snow tourism to hold a high-quality hotel cluster investment promotion conference, releasing a list of nearly 60 billion yuan of investment opportunities from three levels: upgrading traditional business districts, extending the layout of important points, and characteristic regional plate clusters. In February this year, the high-quality hotel investment promotion action was launched, and more than 50 international and domestic well-known brand hotel companies threw an "olive branch" to Daoli District, and up to now, 15 high-quality hotel projects have been officially signed and started one after another. At present, high-quality hotels such as InterContinental Garden Hotel and Atour Hotel have started construction one after another, and the quality of urban functions in Qunli area will be greatly improved after the completion of the project. Learn more
Recently, Hilton announced the signing of 11 new hotels in Thailand, Vietnam and Indonesia. These new hotel projects use Hilton's various brands, including the debut of the Tapestry Collection in Southeast Asia. This expansion in Southeast Asia strengthens Hilton's position in the Asia-Pacific region. The expansion follows several successful openings by Hilton in Southeast Asia, including Vietnam's first Hilton Curio Collection hotel (La Festa Phu Quoc) and the debut of Hilton's flagship brand in Ho Chi Minh City (Hilton Saigon). Hilton also caters to the growing luxury travel market in Southeast Asia. Recent additions include Umana Bali, LXR Hotels & Resorts (LXR Hotels & Resorts) and Singapore's second Conrad Singapore Orchard. Upcoming projects include iconic Waldorf Astoria hotels in Jakarta, Kuala Lumpur and Hanoi. Learn more
Recently, Accor Greater China, together with Changzhou High-speed Rail New City and Changzhou High-tech Group, announced that the two parties have signed a contract to jointly build a number of hotel projects in Changzhou High-speed Rail New Town. Among them, Sofitel Changzhou Gaoxin will focus on French luxury, while Novotel Changzhou Gaoxin and Novotel Changzhou Gaoxin will focus on travel options. Accor Group and Changgaoxin Group will build a boutique hotel project in Changzhou that integrates luxury, mid-range and long-stay hotels. Accor has a strong market advantage, and the addition of Novotel Extended Stay will bring a modern touch and fresh experience to Changzhou's sojourn options. Learn more
05
The auction of 480 million yuan for Jinfeng Hotel in Inner Mongolia, the price of Tianjin Victoria Hotel has dropped for five consecutive auctions, and the construction project of commercial supporting service facilities of Baoshan Railway Station and some assets have started at 58.12 million yuan
Recently, according to the production and investment data network, the Inner Mongolia Jinfeng Hotel on the South Second Ring Road of Saihan District, Hohhot City is being transferred and auctioned. The owner of the subject matter is Bayannur Hetao Rural Commercial Bank Co., Ltd., and the location of the subject matter has been the Inner Mongolia Jinfeng Hotel, South Second Ring Road, Saihan District, Hohhot City, Inner Mongolia Province. The auction runs from June 17 to June 24. The starting price of the project is 480 million yuan. Learn more
Recently, Tianjin Victoria Hotel held its fifth public auction, and since the first judicial auction in September 2023, the asset has been listed four times, with a total of four price adjustments. From the first listing of 514 million yuan to today's listing of 344 million yuan, a total price reduction of 170 million yuan, about 33%. The subject land of the asset is used for accommodation and catering, and the subject manager is Victoria (Tianjin) Hotel Management Services Co., Ltd., with a use period from July 21, 1975 to July 21, 2045. The assets cover an area of 6,062.3 square meters, with a construction area of 54,600 square meters. The planned use of the house is non-residential, and it is a steel-concrete structure. Learn more
Recently, the production and investment data network shows that the hotel and some assets of the commercial supporting service facilities construction project of Baoshan Railway Station have been listed for auction for the second time. The transferor is Baoshan Rail Transit Co., Ltd., which is a state-owned holding enterprise. The auction time of the project began on June 12 and ended on July 10, with a starting price of 58.12 million yuan. Learn more
06
Hilton Garden Inn opened in Chengdu Chenghua and Zhoushan Changqiao Pelican Resort Hotel opened
Amenities include an all-day dining restaurant on the 2nd floor of the hotel, featuring local flavors and Chengdu-style Sichuan cuisine. The adjacent lobby bar takes into account the multiple needs of guests for dining, socializing and meetings; A 24-hour convenience store, The Shop, a fitness center and a laundromat, are also available for guests' convenience. Mr. Xianfeng Li, Vice President of Operations, Greater China & Mongolia, Hilton, said, "We will bring guests a Hilton Garden Inn hotel tailored to the Chinese market. Learn more
Recently, Changqiao Pelican Resort Hotel was officially opened in Zhoushan Changqiao Ocean International Tourism Resort. The project is planned, designed, invested and operated by Hangzhou Changqiao Group, and entrusted to BTG Nanyuan Group for management. The hotel has 488 high-end theme rooms (sets), and has launched 28 sets of theme undersea rooms that rank first in the world. The hotel has created 460 themed guest rooms (sets) such as tropical rainforest rooms, river rooms, tree houses, fish houses, and cartoon houses. The hotel is equipped with 8 multi-functional conference halls, with a total area of 3,300 square meters, which can accommodate 2,000 people for meetings and meals at the same time. At the same time, the hotel also has the world's first collection of four real-life restaurants with the theme of undersea reality, rainforest animals, seabirds and fairy tales. The hotel also has its own Shark Bay Four Seasons Beach, Rainforest Animal Park, Ocean Park, and Dolphin Bay Water Park. The newly opened Changqiao Pelican Hotel in Zhoushan is the first hotel of Changqiao Group, and it is an innovative benchmark for international cultural tourism and vacation with polar ocean and rainforest biology as the core resources. Learn more
07
Henan has set up a government investment fund in the field of culture and tourism through financial contributions
On June 18, the General Office of the Henan Provincial People's Government issued the "Opinions on Promoting Financial Support for the Development of the Cultural Tourism Industry". The opinion aims to promote the development of the cultural tourism industry through the establishment of a government investment fund in the field of cultural tourism through financial contributions.
08
Qunar: Hotel bookings in Germany during the European Championship increased by 1.5 times year-on-year
On June 18, Qunar released data showing that during this year's European Cup, the number of international air ticket bookings to Germany doubled compared with the same period last year; Hotel bookings in Germany increased by 1.5 times compared to the same period last year, with prices rising by 25%. Judging from the number of hotel bookings on the platform, Berlin, Munich and Frankfurt are the most popular cities in the host cities of the European Cup. The Qunar Big Data Research Institute predicts that from July, the price of air tickets and hotels for travel to Europe will increase by 30% to 40%.
09
Ctrip report: With the summer vacation approaching, chartered car tour bookings have increased by more than 3 times compared to 2019
On June 18, Ctrip released the "2024 Summer Charter Travel Trend Insights" report, pointing out that with the approach of summer vacation, the demand for medium- and long-term travel is gradually increasing, and chartered tours have become the choice of many tourists. According to Ctrip, bookings for summer charter tours in 2024 increased by 44% compared to the same period in 2023 and nearly 303% compared to 2019. According to the report, summer vacations, wilderness tours, parent-child chartered buses and outbound chartered tours are popular trends in summer travel this year.
10
Tuniu's 2024 Summer Travel Trend Forecast: Domestic long-haul and outbound travel bookings are hot, and small group and in-depth travel products are sought after
Tuniu's booking data so far shows that domestic long-haul and outbound travel dominate this year's summer travel market, with bookings peaking earlier than in previous years. The demand for parent-child tours, summer vacations, graduation trips and other trips has increased significantly, and the number of bookings for pure play groups, private tours, exquisite small groups, and in-depth tours in one place has increased significantly year-on-year. The first wave of travel this summer is expected to arrive at the end of June. Shanghai, Beijing, Nanjing, Guangzhou, Wuhan, Hangzhou, Tianjin, Shenzhen, Wuxi, Chengdu and other places have the highest demand for tourists. Among the travel users, the post-80s and post-90s generations occupy a higher proportion, accounting for 44% and 21% of the trips respectively. Learn more
11
Xinyang Construction Investment plans to transfer 100% of the equity of Nanwan Lake Scenic Tourism Development
Recently, Xinyang Construction Investment Group Co., Ltd. announced that in order to further improve asset quality and operational efficiency, according to the "Letter of Xinyang State-owned Capital Operation Co., Ltd. on the Equity Transfer of Xinyang Nanwan Lake Scenic Tourism Development Co., Ltd.", the company intends to adjust 100% of the equity of Xinyang Nanwan Lake Scenic Tourism Development Co., Ltd. (net assets of -46 million yuan) held by Xinyang Nanwan Lake Scenic Tourism Development Co., Ltd. to the Management Committee of Xinyang Nanwan Lake Scenic Area. The equity adjustment led to an increase of 46 million yuan in the net assets of Xinyang Construction Investment in a single consolidated caliber, and after the adjustment, Xinyang Construction Investment will no longer include Xinyang Nanwan Lake Scenic Tourism Development Co., Ltd. in the scope of consolidated financial statements. Learn more
12
Thailand plans to invest 1 billion baht to develop new tourist routes
Thailand's Ministry of Tourism and Sports plans to allocate 1 billion baht (about 200 million yuan) for the development of new routes connecting major cities and 55 famous tourist destinations, Thai media "Thaiger" reported on June 17. The move aims to attract more foreign tourists to increase tourism revenue. Learn more
13
Ya'an, Sichuan: The construction of the country's first giant panda-themed amusement park is progressing in an orderly manner
It was learned from the official WeChat of "Sichuan Ya'an" that the construction of the 1869 China Giant Panda Ecological World project, located at the north entrance of Chengya Expressway, is progressing in an orderly manner, and it will be fully built into the country's first giant panda-themed amusement park. It is reported that the project is divided into four major business sectors: Qiyu City, Pan Le Valley, Xiaoyao Village, and Xiong Expo Park, and the main construction content includes 1869 Performing Arts Center, "Fat Planet" Park, Tourist Distribution Center, Automobile Camp and related supporting facilities. Learn more
14
With a total investment of about 262 million yuan, the Guangzhou Aquarium upgrading project has passed the completion acceptance
According to the Guangzhou Municipal Bureau of Planning and Natural Resources, the Guangzhou Aquarium Upgrading Project has completed the construction and completion acceptance tasks, and will be reopened soon. It is understood that Guangzhou Aquarium has a history of about 25 years since it was officially opened to the public in 1998. The total construction area of the renovated aquarium is 20,000 square meters, with a total investment of about 262 million yuan. Learn more
15
With a total investment of 10.8 billion yuan, the construction of the Wencheng Tianding Lake International Tourism Resort project has been accelerated
According to the "Wencheng Release", the Tianding Lake International Tourism Resort project with a total investment of 10.8 billion yuan is progressing in an orderly manner. At present, the start-up area is the first phase of the Tianhu Group, and there are 4 industrial sub-projects that have been planned and started, among which the World Cloud Tourism Center (Tianhu Boat) and Tianhu Wharf have been put into operation; Genting Ocean World and Commercial Street, Super Five-Star Resort Club Med (Club Med and other projects) have started construction, and the second phase of Geyun Tianhu Group has been approved, and construction is expected to start in mid-June 2024. Learn more
16
Best Oriental joined hands with Zhijiang College of Zhejiang University of Technology to successfully hold the "Intelligent Integration, Common Future" Collaborative Education Forum
In order to deeply explore the new model and new path of talent training in the digital cultural tourism industry, the "Best Oriental & Digital Cultural Tourism Industry College Collaborative Education Forum" jointly sponsored by Best Oriental and Zhijiang College of Zhejiang University of Technology was successfully held on June 14, 2024. With the theme of "Intelligent Integration, Common Future", the forum brought together industry elites, experts and scholars, business representatives, teachers and students from colleges and universities to discuss the future development of the digital cultural tourism industry and the way to cultivate talents. The content of this forum covers two theme sharing: "Interpretation of Talent Supply and Demand and New Trends in Recruitment", "Introduction and Sharing of Digital Cultural Tourism Industry College", and "Seminar on the Training Program of Tourism College of Zhijiang University of Zhejiang University of Technology". Learn more
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