Jinjiang International

Jin Jiang International (Holdings) Co., Ltd.
锦江国际（集团）有限公司
Company typeState-owned
IndustryTourism
Hospitality
Founded2003
FounderShanghai Municipal People's Government
HeadquartersShanghai, China
Area served
Worldwide
Key people
Yu Minliang (CEO)
ServicesHotels, resorts, travel, transport, logistics
Revenue$8.68 billion (2017)
Total assets$6.16 billion (2017)
OwnerShanghai Municipal State-owned Assets Supervision and Administration Commission (上海市国有资产监督管理委员会)
Number of employees
100,000 (2017)
SubsidiariesJinjiang Hotels
Louvre Hotels Group
Groupe du Louvre
Chinese name
Simplified Chinese锦江国际（集团）有限公司
Traditional Chinese錦江國際（集團）有限公司
Transcriptions
Standard Mandarin
Hanyu PinyinJǐnjiāng Guójì (Jítuán) Yǒuxiàn Gōngsī
Websitewww.jinjiang.com

Jin Jiang International (Holdings) Co., Ltd. is a tourism and hospitality company headquartered in Shanghai, China, and owned by the Shanghai Municipal People's Government.

Corporate affairs

Its headquarters are in the Union Friendship Tower [zh] in Huangpu.[1]

The group operates Shanghai's Jinjiang Hotel, Peace Hotel, Park Hotel, and Metropole Hotel. Other chains operated by the group include the Jinjiang Inn[zh 1] and Bestay Hotel Express,[zh 2][2] and Magnotel.[zh 3][3] Interstate Hotels and Resorts manages 382 hotels and resorts in 10 countries in North America, Europe and Asia, in which Jinjiang International holds a 50 percent stake.[4]

In January 2015, Jin Jiang International Hotels Development Co. acquired Europe's Groupe du Louvre for 1.21 billion euros from U.S. investment firm Starwood Capital Group.[5] In September 2015, Jin Jiang International Hotels Development Co. acquired 81% of Keystone Lodging Holding, which owns Plateno Hotels Group, 7 Days Inn and ZMAX, creating one of the world's largest hotel groups.[6] Jinjiang International led a consortium to buy Radisson Hotel Group (former Carlson Rezidor Hotel Group) from fellow Chinese company HNA Group in 2018.[7][8]

Subsidiaries

A Jinjiang Inn in Xiamen
Peace Hotel in Shanghai

Jinjiang Hotels

Shanghai Jin Jiang International Hotels (Group) Company Limited (Jinjiang Hotels Group or Jinjiang Hotels in short) is the largest hotel group in China. It has more than 380 hotels and inns affiliated to it and under its management in major Chinese cities, including Peace Hotel and Jinjiang Inns.[zh 4] It is headquartered in Shanghai.

The Group's subsidiary company, Shanghai Jinjiang International Hotel Development Company Limited (SSE: 600754) was listed on the Shanghai Stock Exchange in 1996.[9] Its holding company, Shanghai Jinjiang International Hotels (Group) Company Limited H shares (SEHK: 2006) was listed on the Hong Kong Stock Exchange in 2006.[10] Jin Jiang International Hotel Management Company Ltd (锦江国际酒店管理有限公司) has its headquarters in Pudong.[11]

Jinjiang Inns

The Jinjiang Inn Co., Ltd. (锦江之星旅馆有限公司) division has its headquarters in Minhang.[12] The first two Jinjiang Inns in Metro Manila were scheduled to open in 2014.[13]

Jinjiang Travel

Shanghai Jin Jiang Tours Co., Ltd., also known as Jinjiang Travel,[zh 5] is headquartered in Huangpu.[14]

See also

Notes

Names in Chinese
  1. ^ simplified Chinese: 锦江之星连锁酒店; traditional Chinese: 錦江之星連鎖酒店; pinyin: Jǐnjiāng Zhīxīng Liánsuǒ Jiǔdiàn
  2. ^ 百时快捷酒店; 百時快捷酒店; Bǎishí Kuàijié Jiǔdiàn
  3. ^ 白玉兰酒店; 白玉蘭酒店; Bái Yùlán Jiǔdiàn
  4. ^ simplified Chinese: 锦江之星; traditional Chinese: 錦江之星; lit. 'Jinjiang star'
  5. ^ 锦江旅游; 錦江旅遊; Jǐnjiāng Lǚyóu

References

Citations
  1. ^ "English". Jinjiang International. Retrieved 2021-08-10. Jin Jiang International (Holdings) Co., Ltd. [...] Add: 23F No.100 Yan'an Rd.(E)Shanghai China，200002
    "Contact us". Shanghai Jinjiang Capital Company Limited. Retrieved 2021-08-10. Correspondence address: 26/F., Union Building, No. 100 Yan'an East Road, Shanghai, the PRC
    Chinese address: "地址：延安东路100号23楼"
  2. ^ Andersson, Alex. "Jin Jiang's J Club cooperates with Master Card" (Archived 4 May 2014]). Business Traveller Asia-Pacific. Panacea Publishing. February 5, 2014. Retrieved on August 17, 2014.
  3. ^ "Home Archived 2014-07-30 at the Wayback Machine." Magnotel. Retrieved on August 17, 2014.
  4. ^ "锦江国际（集团）有限公司". www.jinjiang.com. Retrieved 2022-11-20.
  5. ^ Reuters Editorial. "China's Jin Jiang to acquire Groupe Du Louvre for up to 1.2 billion..." U.S. Retrieved 2018-05-31. {{cite news}}: |author= has generic name (help)
  6. ^ "Jin Jiang International has acquired an 81% stake in the Plateno Hotels Group, creating one of the world’s largest hotel groups."
  7. ^ Wu, Kane (August 10, 2018). "HNA sells Radisson Holdings to Jin Jiang-led consortium". Reuters. Hong Kong. Retrieved January 17, 2019.
  8. ^ "Radisson Hospitality, Inc. Issues Statement Following Completion of Acquisition by Jin Jiang International Holdings Co., Ltd" (Press release). Minneapolis; Singapore: Radisson Hospitality, Inc. (Radisson Hotel Group). November 13, 2018. Archived from the original on January 19, 2019. Retrieved January 17, 2019.
  9. ^ Shanghai Jinjiang International Hotel Development Co Ltd
  10. ^ JIN JIANG HOTEL WENT PUBLIC IN HONG KONG[permanent dead link]
  11. ^ "Contact Us Archived 2014-08-19 at the Wayback Machine." Jin Jiang Hotels. Retrieved on August 17, 2014. "Headquarters Jin Jiang International Hotel Management Company Ltd 6/F, 889 South Yang Gao Road, Pudong Shanghai 200127, China" - Chinese: "锦江国际酒店管理有限公司 上海市浦东新区杨高南路889号6楼 邮政编码：200127"
  12. ^ 首页 › 联系我们. Jinjiang Inns. Archived from the original on 2014-08-19. Retrieved 2014-08-17. 锦江之星旅馆有限公司 地址：中国上海市吴中路259号汇锦商务大厦7楼()
  13. ^ Ocampo, Rosa. "Jin Jiang Inn breaks into the Philippines" (Archive). TTG Asia. May 27, 2013. Retrieved on August 17, 2014.
  14. ^ ""Contact us". Archived from the original on 2014-08-17. Retrieved 2014-08-17. 地址：中国上海市长乐路191号 200020 Add：No.191 Changle Road, Shanghai, 200020, PRC.()