Jinjiang International Explained

Jin Jiang International (Holdings) Co., Ltd.
Type:State-owned
Foundation:2003
Founder:Shanghai Municipal People's Government
Location:Shanghai, China
Key People:Yu Minliang (CEO)
Area Served:Worldwide
Industry:Tourism
Hospitality
Services:Hotels, resorts, travel, transport, logistics
Revenue:$8.68 billion (2017)
Assets:$6.16 billion (2017)
Num Employees:100,000 (2017)
Subsid:Jinjiang Hotels
Louvre Hotels Group
Groupe du Louvre
Owner:Shanghai Municipal State-owned Assets Supervision and Administration Commission (上海市国有资产监督管理委员会)
Module:
Child:yes
Order:st
S:锦江国际（集团）有限公司
T:錦江國際（集團）有限公司
P:Jǐnjiāng Guójì (Jítuán) Yǒuxiàn Gōngsī

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 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 and Bestay Hotel Express,[2] and Magnotel.[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

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.[9] It is headquartered in Shanghai.

The Group's subsidiary company, Shanghai Jinjiang International Hotel Development Company Limited was listed on the Shanghai Stock Exchange in 1996.[10] Its holding company, Shanghai Jinjiang International Hotels (Group) Company Limited H shares (HKEX:) was listed on the Hong Kong Stock Exchange in 2006.[11] Jin Jiang International Hotel Management Company Ltd (Chinese: 锦江国际酒店管理有限公司) has its headquarters in Pudong.[12]

Jinjiang Inns

The Jinjiang Inn Co., Ltd. (Chinese: 锦江之星旅馆有限公司) division has its headquarters in Minhang.[13] The first two Jinjiang Inns in Metro Manila were scheduled to open in 2014.[14]

Jinjiang Travel

Shanghai Jin Jiang Tours Co., Ltd., also known as Jinjiang Travel, is headquartered in Huangpu.[15]

Notes

Names in Chinese

References

Citations

External links

Notes and References

  1. Web site: English. Jinjiang International. 2021-08-10. Jin Jiang International (Holdings) Co., Ltd. [...] Add: 23F No.100 Yan’an Rd.(E)Shanghai China，200002.
    Web site: Contact us. Shanghai Jinjiang Capital Company Limited. 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
  3. "Home ." Magnotel. Retrieved on August 17, 2014.
  4. Web site: 锦江国际（集团）有限公司 . 2022-11-20 . www.jinjiang.com.
  5. News: China's Jin Jiang to acquire Groupe Du Louvre for up to 1.2 billion.... Reuters Editorial. U.S.. 2018-05-31. en-US.
  6. https://www.traveldailymedia.com/jin-jiang-acquires-plateno-to-create-chinese-hotel-giant/ "Jin Jiang International has acquired an 81% stake in the Plateno Hotels Group, creating one of the world’s largest hotel groups."
  7. News: HNA sells Radisson Holdings to Jin Jiang-led consortium. August 10, 2018. January 17, 2019. Reuters. Hong Kong. Kane. Wu.
  8. Radisson Hospitality, Inc. Issues Statement Following Completion of Acquisition by Jin Jiang International Holdings Co., Ltd.. November 13, 2018. January 17, 2019. Radisson Hospitality, Inc. (Radisson Hotel Group). Minneapolis; Singapore. January 19, 2019. https://web.archive.org/web/20190119121245/https://www.radissonhotelgroup.com/media_press-releases%26article%3Dradisson-hospitality-inc-issues-statement-following-completion-of-acquisition-by-jin-jiang-international-holdings-co-ltd. dead.
  9. Chinese: s=锦江之星|t=錦江之星|l=Jinjiang star
  10. http://www.alacrastore.com/company-snapshot/Shanghai_Jinjiang_International_Hotel_Development_Co_Ltd-1086734 Shanghai Jinjiang International Hotel Development Co Ltd
  11. http://findarticles.com/p/articles/mi_hb5562/is_/ai_n22738394 JIN JIANG HOTEL WENT PUBLIC IN HONG KONG
  12. "Contact Us ." 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: "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"
  13. Web site: http://www.jinjianginns.com/WebInfo/contact.html . zh:首页 › 联系我们 . Jinjiang Inns . Chinese: 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 . 2014-08-17 . https://web.archive.org/web/20140819082249/http://www.jinjianginns.com/WebInfo/contact.html . 2014-08-19 . dead .
  14. Ocampo, Rosa. "Jin Jiang Inn breaks into the Philippines" (Archive). TTG Asia. May 27, 2013. Retrieved on August 17, 2014.
  15. "Web site: Contact us . "Chinese: 地址：中国上海市长乐路191号 200020 Add：No.191 Changle Road, Shanghai, 200020, PRC." . 2014-08-17 . https://www.webcitation.org/6Rthh8HOG?url=http://www.jjtonline.com/inbound/contact.html . 2014-08-17 . dead .

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