The largest five-star luxury hotel in Chengdu city center.
Beijing Oriental Yuhong Waterproof Technology Co., Ltd. applied to the Beijing Second Intermediate People's Court. The Beijing Second Intermediate People's Court conducted public auctions on the Jingdong Judicial Auction Platform for the Global Center real estate at "No. 1700, 6D unit 1, 11D unit 1, 12D unit 1, 13D unit 1, 6D unit 111 on the 1st floor, 1st floor, 1st floor, 1st floor, 1st floor, 1st floor of Building 10" on January 25th and February 26th, 2024, respectively. The auction was unsuccessful on February 26, 2024, at a price of 1 billion.
The Global Center project, currently known as the 'Chengdu Global Center InterContinental Hotel,' was auctioned. According to the ruling issued by the Beijing Second Intermediate People's Court on March 26, 2024, the corresponding rights to the land use rights and above-ground assets are to be transferred to Beijing Oriental Yuhong Waterproof Technology Co., Ltd., making them the new owner of the 'Chengdu Global Center InterContinental Hotel.'
It is reported that after becoming the new owner, Beijing Oriental Yuhong Waterproof Technology Co., Ltd. is actively negotiating with hotel management groups such as Accor Hotels Group, Hilton Hotels, Marriott International, and Hyatt Hotels to introduce new hotel brand operators.
According to the data, the Chengdu Global Center InterContinental Hotel is the largest five-star luxury hotel in Chengdu, with a total construction area of 0.105 million square meters, including an above-ground area of 0.102 million square meters and an underground area of 0.003 million square meters. The hotel has 975 guest rooms, a 1150-square-meter meeting room, and a 2500-square-meter swimming pool. The room occupancy rate in 2023 was approximately 57%, with an operational revenue of around 0.23 billion yuan and an owner-assessed profit of 80 million yuan.
Recently, it was revealed by Beijing Oriental Yuhong Waterproof Technology Co., Ltd. personnel that they plan to conduct a security inspection of the InterContinental Hotel to ensure the smooth continuation of hotel operations after taking over.