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Research reports on digging for gold丨swhy: The operational performance of shanghai jin jiang international hotels has significantly improved both domestically and internationally, and a "buy" rating is given for the first time.
Swhy research pointed out that post-epidemic, grasping the industry's warming trend, steady operation, Shanghai Jin Jiang International Hotels (600754.SH) significantly improved its domestic and international operations. In 24 years, the company's domestic and international hotel RevPAR exceeded the level of the same period in the 19th year, showing steady growth. For domestic business, in the first three quarters of 24 years, the absolute value of domestic hotel RevPAR showed a steady upward trend, but compared to the same period, due to changes in supply and demand and the rational recovery of tourism consumption, RevPAR was slightly under pressure. Looking ahead, the overall industry demand warming trend is expected to drive continuous repair of Occupancy, further driving RevPAR improvement, empowering profit level growth.
Private Companies Account for 45% of Shanghai Jin Jiang International Hotels Co., Ltd.'s (SHSE:600754) Ownership, While Individual Investors Account for 43%
Beijing Shiji Information Technology (002153.SZ): Wholly-owned subsidiary signed a strategic cooperation framework agreement with Shanghai Jin Jiang International Hotels (China Region).
Graceful News on November 10th: Beijing Shiji Information Technology (002153.SZ) announced that on November 8, 2024, its wholly-owned subsidiary Hangzhou Xiruan Information Technology Co., Ltd. (referred to as 'Xiruan Information') signed a 'Global Strategy Cooperation Framework Agreement of Hotel Management System for shanghai jin jiang international hotels (China Region)' with the Nanshan Branch of Shenzhen Jinjiang Hotel Management Co., Ltd. (representing shanghai jin jiang international hotels (China Region), referred to as 'Shenzhen Jinjiang'), stipulating that Xiruan Information will provide digital hotel management software products and services for member hotels of shanghai jin jiang international hotels (China Region), including those already established or to be established in conjunction with Xiruan.
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Jinjiang Hotels: Jinjiang Hotels Third Quarter Report 2024
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