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Jin Jiang International Hotels Raises Stakes in Three Brands
Shanghai Jin Jiang International Hotels (600754.SH): Subsidiary Plateno Investment Limited plans to acquire minority shareholder equity in three of its holding subsidiaries.
On December 24th, Gelonghui reported that Shanghai Jin Jiang International Hotels (600754.SH) announced that based on the brand development strategy, Shanghai Jin Jiang International Hotels is continuously integrating Business in the China region, including business integration, management integration, and structural integration. Through this acquisition, the acquired company will become a wholly-owned subsidiary of Shanghai Jin Jiang International Hotels, and the brand of the acquired company will be one of the focal points of the company's brand development strategy, allowing for increased resource investment and support. By unifying resource allocation, complementing brands and channels, and merging corporate cultures, the company aims to further optimize the business structure, drive cost reduction and efficiency enhancement, and improve Operation levels. To deeply advance the company's brand development strategy and optimize enhancements.
Shanghai Jin Jiang International Hotels (600754.SH): Since the trial implementation of visa-free entry for South Korea on November 8, the number of South Korean tourists received by the company's hotels has significantly increased.
Glory Holdings announced on December 9 that shanghai jin jiang international hotels (600754.SH) stated on the interactive platform that since the trial of visa exemption for south korea on November 8, the number of south korean tourists received by the hotels under the company has significantly increased. shanghai jin jiang international hotels in china is committed to enhancing cross-border travel services by optimizing service processes, increasing multilingual services, and adjusting dining menus to cater to the tastes of international guests, striving to provide a more comfortable and convenient lodging experience for foreign tourists; at the same time, actively expanding cooperation with international tourism platforms and increasing exposure on globally renowned online booking platforms. The hotel management company has also promoted on social media platforms.
Has Shanghai Jin Jiang International Hotels Co., Ltd.'s (SHSE:600754) Impressive Stock Performance Got Anything to Do With Its Fundamentals?
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%
