Jinjiang International
| Company type | State-owned enterprise |
|---|---|
| Industry | Tourism and hospitality |
| Founded | 2003 |
| Headquarters | Shanghai , China |
Area served | China, North America, Europe, Asia |
| Products | Hotels, travel services |
| Owner | Shanghai Municipal People's Government |
Jin Jiang International (Holdings) Co., Ltd. is a tourism and hospitality company based in Shanghai, China, under the ownership of the Shanghai Municipal People's Government.
Corporate affairs
The company’s main office is situated in Huangpu, Shanghai. It manages several notable hotels within Shanghai, including the Jinjiang Hotel, Peace Hotel, Park Hotel, and Metropole Hotel. Its portfolio of hotel brands features Jinjiang Inn, Bestay Hotel Express, and Magnotel. Additionally, Jinjiang holds a 50% ownership in Interstate Hotels and Resorts, which oversees 382 hotels and resorts throughout North America, Europe, and Asia.
In January 2015, Jin Jiang International completed the acquisition of Europe's Groupe du Louvre for €1.21 billion, purchasing it from the U.S.-based investment firm Starwood Capital Group. Later that year, in September 2015, the company secured an 81% controlling interest in Keystone Lodging Holding, the proprietor of Plateno Hotels Group, 7 Days Inn, and ZMAX, creating one of the globe’s largest hotel conglomerates. In 2018, Jinjiang spearheaded a consortium to purchase Radisson Hotel Group from another Chinese entity, HNA Group, further broadening its international hospitality reach.
Jinjiang Hotels
Shanghai Jin Jiang International Hotels (Group) Company Limited (also known as Jinjiang Hotels Group or Jinjiang Hotels) stands as China's leading hotel group, operating more than 380 hotels and inns across major urban centers, including landmark properties such as the Peace Hotel and Jinjiang Inns. The group’s headquarters are located in Shanghai.
One of its subsidiaries, Shanghai Jinjiang International Hotel Development Company Limited (), has been publicly traded on the Shanghai Stock Exchange since 1996. The parent company, Shanghai Jinjiang International Hotels (Group) Company Limited, issued H shares on the Hong Kong Stock Exchange in 2006 (). Jin Jiang International Hotel Management Company Ltd (), based in Pudong, Shanghai, also forms part of this network.
Jinjiang Inns
The budget accommodation segment operates under The Jinjiang Inn Co., Ltd. (), with headquarters in Minhang District, Shanghai. Since 2014, Jinjiang Inns has extended its presence internationally by launching locations in Metro Manila.
Jinjiang Travel
Operating from Huangpu District in Shanghai, Shanghai Jin Jiang Tours Co., Ltd., known as Jinjiang Travel (), manages travel-related services.
See also
Notes
- Names in Chinese
References
- Citations
External links
- Articles with short description
- 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
- 2003 establishments in Shanghai