Jin Jiang International (Holdings) Co., Ltd. is a Chinese
state-owned tourism
Tourism is travel for pleasure or business; also the theory and practice of touring, the business of attracting, accommodating, and entertaining tourists, and the business of operating tours. The World Tourism Organization defines tourism mor ...
and
hospitality company headquartered in
Shanghai
Shanghai (; , , Standard Mandarin pronunciation: ) is one of the four direct-administered municipalities of the People's Republic of China (PRC). The city is located on the southern estuary of the Yangtze River, with the Huangpu River flowin ...
, China. The group operates Shanghai's
Jinjiang Hotel
Shanghai Jinjiang Hotel (a.k.a. Jin Jiang Hotel) is a luxury hotel in Shanghai. The main part of the hotel comprises two early 20th century apartment buildings, set around two lawns. The hotel contains 515 guest rooms, which include both mod ...
,
Peace Hotel
The Peace Hotel () is a hotel on The Bund in Shanghai, China, which overlooks the surrounding areas. The hotel has two different buildings. The Sassoon House, originally housed the Cathay Hotel and is today the Fairmont Peace Hotel run by Fairmon ...
,
Park Hotel, and Metropole Hotel. Other chains operated by the group include the Jinjiang Inn
and Bestay Hotel Express,
and Magnotel.
In January 2015, Jin Jiang International Hotels Development Co. acquired Europe's
Groupe du Louvre
Groupe du Louvre is a French company, headquartered in Village 5, La Défense in Nanterre, France. Groupe du Louvre and Louvre Hotels Group was sold to Shanghai Jin Jiang International Hotels Development Co., Ltd. in 2015. The company was owned ...
for 1.21 billion euros from U.S. investment firm
Starwood Capital Group. In September 2015, Jin Jiang International Hotels Development Co. acquired 81% of Keystone Lodging Holding, which owns Plateno Hotels Group,
7 Days Inn
7 Days Group Holdings Limited, operating as 7 Days Inn (), is a Chinese budget hotel chain. It was established in 2005. It has its headquarters in the Creative Industry Zone in Haizhu District, Guangzhou.
History
7 Days Inn was established in ...
and ZMAX, creating one of the world's largest hotel groups.
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.
Corporate affairs
Its headquarters are in the in
Huangpu District, Shanghai
Huangpu District (), makes up the eastern part of Shanghai's traditional urban core and is today the most central of Shanghai's 16 districts. Huangpu district is the seat of municipal government, includes key attractions such as The Bund and the ...
.
Subsidiaries
Jinjiang Hotels
Shanghai Jin Jiang International Hotels (Group) Company Limited (Jinjiang Hotels Group or Jinjiang Hotels in short) is the largest
hotel
A hotel is an establishment that provides paid lodging on a short-term basis. Facilities provided inside a hotel room may range from a modest-quality mattress in a small room to large suites with bigger, higher-quality beds, a dresser, a re ...
group in China. It has more than 380 hotels and
inns
Inns are generally establishments or buildings where travelers can seek lodging, and usually, food and drink. Inns are typically located in the country or along a highway; before the advent of motorized transportation they also provided accommo ...
affiliated to it and under its management in major Chinese cities, including
Peace Hotel
The Peace Hotel () is a hotel on The Bund in Shanghai, China, which overlooks the surrounding areas. The hotel has two different buildings. The Sassoon House, originally housed the Cathay Hotel and is today the Fairmont Peace Hotel run by Fairmon ...
and Jinjiang Inns.
[ zh, s=锦江之星, t=錦江之星, l=Jinjiang star] It is
headquartered
Headquarters (commonly referred to as HQ) denotes the location where most, if not all, of the important functions of an organization are coordinated. In the United States, the corporate headquarters represents the entity at the center or the top ...
in
Shanghai
Shanghai (; , , Standard Mandarin pronunciation: ) is one of the four direct-administered municipalities of the People's Republic of China (PRC). The city is located on the southern estuary of the Yangtze River, with the Huangpu River flowin ...
.
The Group's
subsidiary company
A subsidiary, subsidiary company or daughter company is a company owned or controlled by another company, which is called the parent company or holding company. Two or more subsidiaries that either belong to the same parent company or having a sam ...
, Shanghai Jinjiang International Hotel Development Company Limited () was listed on the
Shanghai Stock Exchange in 1996. Its
holding company
A holding company is a company whose primary business is holding a controlling interest in the securities of other companies. A holding company usually does not produce goods or services itself. Its purpose is to own shares of other companies ...
, Shanghai Jinjiang International Hotels (Group) Company Limited
H shares () was listed on the
Hong Kong Stock Exchange in 2006.
Jin Jiang International Hotel Management Company Ltd () has its headquarters in
Pudong
Pudong is a district of Shanghai located east of the Huangpu, the river which flows through central Shanghai. The name ''Pudong'' was originally applied to the Huangpu's east bank, directly across from the west bank or Puxi, the historic cit ...
, Shanghai.
Jinjiang Inns
![Peace Hotel](https://upload.wikimedia.org/wikipedia/commons/d/d8/Peace_Hotel.JPG)
The Jinjiang Inn Co., Ltd. () division has its headquarters in
Minhang District
Minhang District is a suburban district of Shanghai with a land area of and population of 2,429,000 residents as of 2010. The original Minhang consist of present-day Jiangchuan Road Subdistrict (Former Minhang Town) and the eastern strip of Wu ...
, Shanghai.
The first two Jinjiang Inns in
Metro Manila
Metropolitan Manila (often shortened as Metro Manila; fil, Kalakhang Maynila), officially the National Capital Region (NCR; fil, link=no, Pambansang Punong Rehiyon), is the seat of government and one of three defined metropolitan areas in ...
were scheduled to open in 2014.
Jinjiang Travel
Shanghai Jin Jiang Tours Co., Ltd., also known as Jinjiang Travel,
is headquartered in
Huangpu District, Shanghai
Huangpu District (), makes up the eastern part of Shanghai's traditional urban core and is today the most central of Shanghai's 16 districts. Huangpu district is the seat of municipal government, includes key attractions such as The Bund and the ...
.
Other investments
Jinjiang International led a consortium to buy
Radisson Hotel Group
Radisson Hospitality, Inc. (trading as Radisson Hotel Group) is an American multi-national hospitality company. It started as a division of Carlson Companies, which owned Radisson Hotels, Country Inns & Suites and other brands. In 1994, Carlson s ...
(former Carlson Rezidor Hotel Group) from fellow Chinese company
HNA Group in 2018.
See also
*
Notes
; Names in Chinese
References
; Citations
External links
Shanghai Jin Jiang International Hotels (Group) Company LimitedJinjiang HotelsJinjiang Inns
{{authority control
Hospitality companies established in 2003
Companies based in Shanghai
Companies listed on the Shanghai Stock Exchange
Companies listed on the Hong Kong Stock Exchange
H shares
Hospitality companies of China
Hospitality companies
Hotel chains in China
Government-owned companies of China
Chinese brands