DOCSLIB.ORG

ANNUAL REPORT 2017 201 7 Global Hotel Deployment

Total Page：16

File Type：pdf, Size：1020Kb

Download full-text PDF Read full-text
ANNUAL REPORT 2017 201 7 Global Hotel Deployment ANNUAL REPORT 2017 ANNUAL REPORT 2017 Global Hotel Deployment China Europe Africa Number of hotels: 5,495 Number of hotels: 1,020 Number of hotels: 50 Asia (excluding China) Americas Total Number of hotels: 197 Number of hotels: 32 Number of hotels: 6,794 Note: Above figures are owned or managed hotels in operation around the world. Annual Report 2017 Shanghai Jin Jiang International Hotels (Group) Company Limited 1 Contents Corporate Information 2 Group debts and financial conditions 33 Corporate Structure 3 Borrowings and pledge of assets 33 Information on Hotels of the Group 4 Treasury Management and Interest Rate Major Awards 9 Risk Management 35 Definitions and Glossary of Technical Terms 10 Available-for-sale financial assets 35 Financial Highlights 13 Human resources and training 35 Operational Statistics 14 Social responsibility 36 Chairman’s Statement 15 Corporate strategies and outlook for future development 36 Directors, Supervisors and Senior Management 18 Report of the Directors 38 Management Discussion and Analysis 23 Report of the Supervisory Committee 59 Business review 23 Corporate Governance Report 60 Full Service Hotels 24 Environmental, Social and Governance Report 74 Select Service Hotels 25 Independent Auditor’s Report 89 Food and Restaurants 26 Consolidated Balance Sheet 94 Passenger Transportation Vehicles and Logistics 26 Consolidated Income Statement 96 Travel Agency 27 Consolidated Statement of Comprehensive Income 97 Information Technology 28 Consolidated Statement of Changes in Equity 98 Financial review 28 Consolidated Statement of Cash Flows 100 Notes to the Consolidated Financial Statements 102 2 Shanghai Jin Jiang International Hotels (Group) Company Limited Annual Report 2017 CORPORATE INFORMATION THE FOURTH SESSION OF THE NOMINATION COMMITTEE H SHARE REGISTRAR AND BOARD Mr. Yu Minliang (Chairman) TRANSFER OFFICE EXECUTIVE DIRECTORS Dr. Rui Mingjie Computershare Hong Kong Investor Mr. Yu Minliang (Chairman) Dr. Tu Qiyu Services Limited Ms. Guo Lijuan (Vice Chairman) Shops 1712–1716, 17th Floor Mr. Chen Liming (Vice Chairman) AUDIT COMMITTEE Hopewell Centre Mr. Zhang Qian (Chief Executive Officer) Dr. Xu Jianxin (Chairman) 183 Queen’s Road East Mr. Han Min Mr. Ji Gang Wanchai, Hong Kong Dr. He Jianmin INDEPENDENT NON-EXECUTIVE INVESTOR AND MEDIA RELATIONS DIRECTORS REMUNERATION COMMITTEE CONSULTANT Mr. Ji Gang Mr. Ji Gang (Chairman) iPR Ogilvy & Mather Dr. Rui Mingjie Ms. Guo Lijuan Dr. Tu Qiyu Mr. Xie Hongbing PRINCIPAL BANKERS Dr. Xu Jianxin Industrial and Commercial Bank of Mr. Xie Hongbing STRATEGIC INVESTMENT China Dr. He Jianmin COMMITTEE Bank of China Ms. Guo Lijuan (Chairman) THE FOURTH SESSION OF THE Mr. Han Min LEGAL ADDRESS SUPERVISORY COMMITTEE Dr. Rui Mingjie Room 316–318 SUPERVISORS No. 24 Yang Xin Dong Road Mr. Wang Guoxing INTERNATIONAL AUDITOR Shanghai (Chairman of Supervisory Committee) PricewaterhouseCoopers The People’s Republic of China Mr. Ma Mingju (the “PRC”) Mr. Zhou Qiquan PRC AUDITOR Ms. Zhou Yi PricewaterhouseCoopers Zhong Tian LLP PRINCIPAL PLACES OF BUSINESS IN Mr. Chen Yinghao THE PRC Mr. He Yichi LEGAL ADVISERS 26/F., Union Building As to Hong Kong law & US law: No. 100 Yan’an East Road EXECUTIVE COMMITTEE Baker & McKenzie Shanghai, the PRC Ms. Guo Lijuan (Chairman) Mr. Chen Liming (Vice Chairman) As to PRC law: PRINCIPAL PLACES OF BUSINESS IN Mr. Zhang Qian King & Wood Mallesons HONG KONG Mr. Han Min Room 3203, 32nd Floor CHINESE NAME OF THE COMPANY Shun Tak Centre, West Tower AUTHORIZED REPRESENTATIVES 上海錦江國際酒店（集團）股份有限公司 200 Connaught Road Central Ms. Guo Lijuan Hong Kong Special Administrative Region Mr. Zhang Qian ENGLISH NAME OF THE COMPANY of the PRC (“Hong Kong”) Shanghai Jin Jiang International Hotels JOINT COMPANY SECRETARIES (Group) Company Limited STOCK EXCHANGE ON WHICH H Ms. Zhang Jue SHARES OF THE COMPANY (“H Ms. Mok Ming Wai SHARES”) ARE LISTED Main Board of The Stock Exchange of QUALIFIED ACCOUNTANT Hong Kong Limited (the “Stock Dr. Ai Gengyun Exchange”) Abbreviation of H Shares: JINJIANG HOTELS 錦江酒店 Stock code: 02006 Website: www.jinjianghotels.com.cn Tel: (86-21) 6326 4000 Fax: (86-21) 6323 8221 Annual Report 2017 Shanghai Jin Jiang International Hotels (Group) Company Limited 3 CORPORATE STRUCTURE The following graph sets out the major business segments of the Company as at 31 December 2017: Public Shareholders Jin Jiang International 25% 75% The Group Full Service Hotels 100% Select Service Hotels Jin Jiang GDL Asia 100% 50.32% Select Service Hotels GDL Select Service Hotels Jin Jiang Hotels Development and Food and (600754.SH/900934.SH) Restaurants 93% Select Service Hotels Plateno Group 39.26% 80% Select Service Hotels Passenger Vienna Hotels Jin Jiang Investment Transportation (600650.SH/900914.SH) Vehicles and Logistics 50.21% Jin Jiang Travel Travel Agency (900929.SH) Finance Other Business Company, etc. 4 Shanghai Jin Jiang International Hotels (Group) Company Limited Annual Report 2017 INFORMATION ON HOTELS OF THE GROUP INFORMATION ON HOTELS OF THE GROUP Full Service Hotels Select Service Hotels Total Number of Total number Number of Total number Number of Total number hotels of rooms hotels of rooms hotels of rooms China 100 30,479 5,395 540,747 5,495 571,226 Asia (excluding China) — — 197 22,228 197 22,228 Europe — — 1,020 72,799 1,020 72,799 Americas — — 32 6,406 32 6,406 Africa — — 50 7,452 50 7,452 Total 100 30,479 6,694 649,632 6,794 680,111 Note: 1. As at 31 December 2017, the Group owned or managed 6,794 hotels with a total of 680,111 guest rooms located in 68 countries around the world, including 5,495 hotels in operation with a total of 571,226 guest rooms owned or managed in China. Annual Report 2017 Shanghai Jin Jiang International Hotels (Group) Company Limited 5 INFORMATION ON HOTELS OF THE GROUP INFORMATION ON HOTELS OF THE GROUP 1 — STATISTICS OF ALL HOTELS Hotels in which the Hotels in which the Hotels owned by Group held Hotel Group held Hotel Hotels owned by third parties but Interests and Interests but third parties but operated under All hotels (As of 31 managed by the managed by third managed by the franchises granted Total number of December 2017) Group parties Group by the Group hotels Total Total Total Total Total Number number Number number Number number Number number Number number of hotels of rooms of hotels of rooms of hotels of rooms of hotels of rooms of hotels of rooms Hotel Category Full Service Hotels — 5-star Luxury Hotels 5 2,250 2 940 65 21,284 — — 72 24,474 — 4-star Luxury Hotels 10 3,323 2 665 44 9,563 — — 56 13,551 Sub-total 15 5,573 4 1,605 109 30,847 — — 128 38,025 Commercial Hotels 2 274 — — 2 366 — — 4 640 Total Number of Full Service Hotels 17 5,847 4 1,605 111 31,213 — — 132 38,665 Select Service Hotels — Jin Jiang GDL Asia 310 43,071 — — — — 1,140 124,586 1,450 167,657 — GDL 282 21,581 — — — — 1,096 98,293 1,378 119,874 — Plateno Group 442 46,084 — — — — 4,493 370,121 4,935 416,205 — Vienna Hotels 55 13,872 — — — — 1,551 213,518 1,606 227,390 Total Number of Select Service Hotels 1,089 124,608 — — — — 8,280 806,518 9,369 931,126 Total 1,106 130,455 4 1,605 111 31,213 8,280 806,518 9,501 969,791 6 Shanghai Jin Jiang International Hotels (Group) Company Limited Annual Report 2017 INFORMATION ON HOTELS OF THE GROUP INFORMATION ON HOTELS OF THE GROUP 2 — STATISTICS OF HOTELS IN OPERATION Hotels in which the Hotels in which the Hotels owned by Group held Hotel Group held Hotel Hotels owned by third parties but Interests and Interests but third parties but operated under In operation (As of 31 managed by the managed by third managed by the franchises granted Total number of December 2017) Group parties Group by the Group hotels Total Total Total Total Total Number number Number number Number number Number number Number number of hotels of rooms of hotels of rooms of hotels of rooms of hotels of rooms of hotels of rooms Hotel Category Full Service Hotels — 5-star Luxury Hotels 5 2,250 2 940 43 15,138 — — 50 18,328 — 4-star Luxury Hotels 10 3,323 2 665 35 7,833 — — 47 11,821 Sub-total 15 5,573 4 1,605 78 22,971 — — 97 30,149 Commercial Hotels 2 274 — — 1 56 — — 3 330 Total Number of Full Service Hotels 17 5,847 4 1,605 79 23,027 — — 100 30,479 Select Service Hotels — Jin Jiang GDL Asia 292 40,356 — — — — 928 103,032 1,220 143,388 — GDL 281 21,458 — — — — 1,014 88,859 1,295 110,317 — Plateno Group 432 44,639 — — — — 2,993 236,302 3,425 280,941 — Vienna Hotels 50 12,341 — — — — 704 102,645 754 114,986 Total Number of Select Service Hotels 1,055 118,794 — — — — 5,639 530,838 6,694 649,632 Total 1,072 124,641 4 1,605 79 23,027 5,639 530,838 6,794 680,111 Annual Report 2017 Shanghai Jin Jiang International Hotels (Group) Company Limited 7 INFORMATION ON HOTELS OF THE GROUP INFORMATION ON HOTELS OF THE GROUP 3 — STATISTICS OF HOTELS UNDER DEVELOPMENT Hotels in which the Hotels in which the Hotels owned by Group held Hotel Group held Hotel Hotels owned by third parties but Interests and Interests but third parties but operated under Under development (As of managed by the managed by third managed by the franchises granted Total number of 31 December 2017) Group parties Group by the Group hotels Total Total Total Total Total Number number Number number Number number Number number Number number of hotels of rooms of hotels of rooms of hotels of rooms of hotels of rooms of hotels of rooms Hotel Category Full Service Hotels — 5-star Luxury Hotels — — — — 22 6,146 — — 22 6,146 — 4-star Luxury Hotels — — — — 9 1,730 — — 9 1,730 Sub-total — — — — 31 7,876 — — 31 7,876 Commercial Hotels — — — — 1 310 —
Load more

Recommended publications
  • China Lodging Group, Ltd
    CHINA LODGING GROUP, LTD FORM 20-F (Annual and Transition Report (foreign private issuer)) Filed 04/17/14 for the Period Ending 12/31/13 Telephone (86) 21 6195-2011 CIK 0001483994 Symbol HTHT SIC Code 7011 - Hotels and Motels Industry Hotels & Motels Sector Services Fiscal Year 12/31 http://www.edgar-online.com © Copyright 2014, EDGAR Online, Inc. All Rights Reserved. Distribution and use of this document restricted under EDGAR Online, Inc. Terms of Use. Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 20-F (Mark One) REGISTRATION STATEMENT PURSUANT TO SECTION 12(b) OR (g) OF THE SECURITIES EXCHANGE ACT OF 1934 OR ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2013 OR TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to OR SHELL COMPANY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Date of event requiring this shell company report . Commission file number: 001-34656 China Lodging Group, Limited (Exact name of Registrant as specified in its charter) Not Applicable (Translation of Registrant ’s name into English) CAYMAN ISLANDS (Jurisdiction of incorporation or organization) No. 2266 Hongqiao Road Changning District Shanghai 200336 People’s Republic of China (86) 21 6195-2011 (Address of principal executive offices) Min (Jenny) Zhang Chief Financial Officer Telephone: +86-21-6076-0606 E-mail: [email protected] Facsimile: +86-21-6195-9586 No.
    [Show full text]
  • Hotels Near Shanghai Cruise Terminal
    Hotels Near Shanghai Cruise Terminal Cheston is isochasmic: she lendings aback and recede her burgage. Sagittiform Jo enervate some primesadhesive any and interfacing! misestimate his totalisator so iconically! Fluctuant or hard-fought, Theophyllus never Baoshan district government arranged three hotels offering nearly 1000 beds for putting into quarantine any detained passengers In addition e-. Former iron and hotel near office in terminal hotels and exquisite spanish line that offer great food news about specific guidance around. Shanghai Cruise Port Transfer Cruise Terminal Transfer. There a hotel shanghai hotels cheap hotel. See shanghai hotels near shanghai specialty dining and. An email was wall to crew members to inform them their Royal Caribbean expects to vaccinate its expenditure once sailings restart. Most hotels shanghai cruise terminal to shengsi from luxury gods one choice for? Celebrated across from? If you of both ports with your itinerary is extremely infrequently, in the cruise terminal and a little off of the request has cost in to piazzale roma. Only at valid United States address can be used for this booking. Your hotel near shanghai hotels to provide private bathroom. Hotels near Shanghai International Cruise Ship Terminal. What conduct a good meet in Shanghai? Where should try live in Shanghai? Report update the Development of Cruise Industry in China 201. View deals for Vienna Hotels Shanghai Baoshan Wusong including fully. Avoid queues and waitings at Istanbul Airport. First wireless network interface on tax system. Feature captivating viking history is one free internet on where to leave your personal information regarding your return for more! Hotel makes it offers for you shanghai hotels cruise terminal in the top luxury boats are strictly objective and put terminal from taxis for this extra discount! However China is shade from immune to poultry the weather can affect travel plans there though some health risks that guide be new knowledge you and accidents do happen.
    [Show full text]
  • China Lodging Group, Ltd
    CHINA LODGING GROUP, LTD FORM 20-F (Annual and Transition Report (foreign private issuer)) Filed 04/21/17 for the Period Ending 12/31/16 Telephone (86) 21 6195-2011 CIK 0001483994 Symbol HTHT SIC Code 7011 - Hotels and Motels Industry Hotels, Motels & Cruise Lines Sector Consumer Cyclicals Fiscal Year 12/31 http://www.edgar-online.com © Copyright 2017, EDGAR Online, Inc. All Rights Reserved. Distribution and use of this document restricted under EDGAR Online, Inc. Terms of Use. Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 20-F (Mark One) o REGISTRATION STATEMENT PURSUANT TO SECTION 12(b) OR (g) OF THE SECURITIES EXCHANGE ACT OF 1934 OR x ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2016 OR o TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to OR o SHELL COMPANY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Date of event requiring this shell company report . Commission file number: 001-34656 China Lodging Group, Limited (Exact name of Registrant as specified in its charter) Not Applicable (Translation of Registrant’s name into English) CAYMAN ISLANDS (Jurisdiction of incorporation or organization) No. 2266 Hongqiao Road Changning District Shanghai 200336 People’s Republic of China (86) 21 6195-2011 (Address of principal executive offices) Min (Jenny) Zhang Chief Executive Officer Telephone: +86-21-6076-0606 E-mail: [email protected] Facsimile: +86-21-6195-9586 No.
    [Show full text]
  • Shanghai Jin Jiang International Hotels
    Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited take no responsibility for the contents of this announcement, make no representation as to its accuracy or completeness and expressly disclaim any liability whatsoever for any loss howsoever arising from or in reliance upon the whole or any part of the contents of this announcement. Shanghai Jin Jiang International Hotels (Group) Company Limited* 上 海 錦 江 國 際 酒 店（ 集 團 ）股 份 有 限 公 司 (a joint stock company incorporated in the People’s Republic of China with limited liability) (Stock Code: 02006) DISCLOSEABLE TRANSACTION EXECUTION OF THE VIENNA HOTELS EQUITY TRANSFER AGREEMENT AND THE BAISUICUN RESTAURANTS EQUITY TRANSFER AGREEMENT The Board is pleased to announce that, on 28 April 2016, Jin Jiang Hotels Development, a subsidiary of the Company, entered into the Vienna Hotels Equity Transfer Agreement with Mr. Huang Deman, pursuant to which Jin Jiang Hotels Development agreed to acquire 80% equity interest in Vienna Hotels held by Mr. Huang at a cash consideration of RMB1,748,800,000.00; on the same date, Jin Jiang Hotels Development entered into the Baisuicun Restaurants Equity Transfer Agreement with Mr. Huang, pursuant to which Jin Jiang Hotels Development agreed to acquire 80% equity interest in Baisuicun Restaurants held by Mr. Huang at a cash consideration of RMB800,000.00. In respect of the Vienna Hotels Equity Transfer Agreement, as the applicable percentage ratios exceed 5% but are less than 25%, the transaction under such agreement constitutes a discloseable transaction of the Company under Chapter 14 of the Listing Rules and is subject to the reporting and announcement requirements under Chapter 14 of the Listing Rules.
    [Show full text]
  • Tourism Review
    Tourism Review The Chinese Hospitality Industry: A perspective article Journal: Tourism Review Manuscript ID TR-05-2019-0196.R3 Manuscript Type: Research Paper Keywords:TourismInstitutional Logic Review Perspectives, evolution, hotel industry, China Page 1 of 11 Tourism Review 1 2 3 4 The Chinese Hospitality Industry: A perspective article 5 6 1,2 1,2 1,2 3 7 Yu Qin , Huimin Gu , Bin Li and Daisy Fan 8 9 1 School of Tourism Sciences, Beijing International Studies University; People’s Republic of China, 10 11 12 100024 13 14 2 Beijing Tourism Development Research Center, Beijing, People’s Republic of China, 100024 15 16 17 3 Faculty of Management, Bournemouth University, UK 18 19 20 21 Tourism Review 22 Abstract: This paper illustrates the logics shifting in the Chinese hotel industry since1949 and offers a 23 24 25 better understanding of how and why the Chinese hotel industry has evolved into its present situation. 26 27 The logic evolution and future trends in this market were also discussed. 28 29 30 Keywords: Institutional Logics Perspective, evolution, hotel industry, China 31 32 33 34 35 1. Introduction 36 37 38 In the past 75 years, Chinese hospitality industry experienced fundamental changes. The 39 40 main body of the extant literature tends to focus on micro-level analyses, such as human 41 42 43 resource management, marketing, consumer behaviour and information technology 44 45 46 (Burkeet al., 2009; Law et al., 2014; Tasci and Guillet, 2012). Only a few studies have 47 48 aimed at a macro-level and described the structural change (Gu et al., 2012; Yu and Gu, 49 50 51 2005; Pine et al., 2013; Yu, 1992).
    [Show full text]
  • The Lobby As a Living Room: What Interior Design Innovations and Products Do Luxury Hotels Implement to Attract Guests to Their Lobby?
    The Lobby as a Living Room: What Interior Design Innovations and Products do Luxury Hotels Implement to Attract Guests to their Lobby? Bachelor Thesis for Obtaining the Degree Bachelor of Business Administration Tourism and Hospitality Management Submitted to Prof. Dr. Dagmar Lund-Durlacher Roxane Braun 0811533 Vienna, April 15th, 2011 - 2 - Affidavit I hereby affirm that this Bachelor’s Thesis represents my own written work and that I have used no sources and aids other than those indicated. All passages quoted from publications or paraphrased from these sources are properly cited and attributed. The thesis was not submitted in the same or in a substantially similar version, not even partially, to another examination board and was not published elsewhere. __________________________ _________________________ Date Signature - 3 - - 4 - Executive Summary The contemporary hotel is a current design development since the beginning of the 21st century, which considers the needs and demands of today’s customers. This thesis concentrates on hotel lobby design in this current aspect. The paper illustrates the modern hotel lobby’s definition, purposes, impacts, developments, design strategies and future trends. Furthermore, it will be elaborated how hotel managers and interior designers apply strategies and methods to make the hotel lobby a comfortable, attractive, and focal area for all hotel guests and visitors. Moreover, it will be found out how important the hotel lobby is to both the customer and the hotel, and how the hotel’s brand can be experienced on the basis of the lobby design. It will be considered to which extent brands influence the lobby design strategy, in what way the designer him/herself is a brand, and what good hotel lobby design actually means.
    [Show full text]
  • The Dragon Has Awoken Investors and Operators from the Far East Conquer the European and German Hotel Market
    The Dragon has awoken Investors and Operators from the Far East conquer the European and German Hotel Market December 2015 € The dragon has awoken Number of Asian visitors on the increase For ages, the East has strived towards accommodating the needs of the Many Asian travellers are keen on exploring Europe and Germany in particular. West. But with Asian outbound tourism on the rise and more Asian, According to the German statistical office, Statistisches Bundesamt, Germany’s especially Chinese, travellers venturing abroad, this is beginning to change. hospitality sector saw recently growing demand from Asian guests, registering an In fact, China has become the world’s largest outbound tourism market. As increase of 9.2 per cent in arrivals and 11.2 per cent in overnight stays in 2014 – with the China National Tourism Administration reports, Chinese travellers made travellers from China, including Hong Kong, making up the largest share. Arrivals from 107 million outbound trips in 2014, while China Confidential, a Financial Times this region had already picked up by 15 per cent in 2013 and almost 19 per cent in 2014, research service, estimates that Chinese travellers spent $498 billion on while overnight stays witnessed an increase of 11 per cent in 2013 and some 17 per cent outbound trips in 2014. This development is even more remarkable as in 2014, compared to the previous year. experts agree that the Chinese outbound tourism trend is at a rather early stage since it only covers a relatively small group of the population: As China Confidential found out, only six per cent hold a passport.
    [Show full text]
  • Hotel Guide 2013
    Hotel Guide 2013 Hotels, Pensions & Apartments Deutsch · English · Français · Italiano · Español ER EMP T S N A I T HRIS C / S URISMU O T IEN W © Wien à la carte um nur 19,90 € Vienna à la carte for only € 19.90 Mit dieser Vorteilskarte This discount card allows Cette carte-avantages vous Con questa carta dei vantag- Con esta tarjeta puede entdecken Sie 72 Stun- you to travel around Vienna permet de découvrir la ville gi potete scoprire la città per descubrir gratuitamente la den lang die Stadt mit for 72 hours on the sub- pendant 72 h en métro, en 72 ore con metropolitana, ciudad durante 72 horas en U-Bahn, Bus oder Tram way, bus or streetcar, and bus et en tram, et vous offre bus e tram e ottenere più metro, autobús o tranvía. und erhalten mehr als 210 gives you a discount on des réductions dans plus di 210 riduzioni visitando Además obtiene más de Ermäßigungen in Sehens- more than 210 sights, cafés de 210 établissements : bellezze artistiche, nei 210 des cuen tos en lugares würdigkeiten, Cafés und and restaurants, shops and curiosités, cafés, restaurants, Caffè, ristoranti e Heuriger turísticos, cafés, restau- Restaurants, beim Shop- heurigers. magasins ou tavernes de e faccendo shopping. rantes, tiendas y tabernas ping und beim Heurigen. heuriger. Heuriger. Purchase the Vienna Card Potete aquistarla nella Tou- Kaufen Sie die Wien-Karte from the Tourist Info in En vente à la Tourist-Info rist-Info Vienna, nel vostro Cómprela en el Tourist-Info in der Tourist-Info Wien, in Vienna, at your hotel, or Vienne, à votre hôtel et aux albergo o presso le rivendite de Viena, en su hotel o en Ihrem Hotel oder bei den from Vienna Transport guichets des transports delle Linee Viennesi.
    [Show full text]
  • European Hotel Valuation Index 2003
    HVS INTERNATIONAL EUROPEAN HOTEL VALUATION INDEX 2003 This edition is produced by the London Office of HVS International March 2003 Justin Lanzkron and Russell Kett Highlights ∑ The European Hotel Valuation Index (HVI) shows that hotel values (expressed in euro) decreased on average by 1.5% across Europe in 2002 compared with a decrease of 1.9% in 2001, and increases of 10.5% in 2000, 3.8% in 1999 and 5.8% in 1998. ∑ The majority of European markets experienced a decline in rooms revenue per available room (RevPAR), led largely by a decrease in occupancy. However, it was noted that, in the case of most European markets, average room rates increased above the rate of inflation. The decline in values has been fuelled primarily by this decrease in RevPAR. ∑ During 2002, European hotel markets felt the combined effects of the events of 11 September 2001 and the general slowdown in the global economy. These have now been compounded by the uncertainty surrounding a possible war with Iraq, which, at the time of writing (February 2003), seems imminent. ∑ For the second year running, hotels in Moscow recorded the highest growth in value per room with an increase of 13.2%. ∑ For the second year running, hotels in Istanbul recorded the largest fall in value per room with a decrease of 19.5%. Table 1: Winners and Losers in 2002 – Top 5 and Bottom 5 markets – % Change in Hotel Value 20% 10% 0% –10 % –20% rich ü Athens Milan Z Munich Brussels Warsaw Moscow Paris Geneva Istanbul Source: HVS International sample of four-star and five-star hotels.
    [Show full text]
  • China's Largest Hotel Operator Currently Undervalued, “Buy” 中国最大的酒店运营商被低估，“买入”
    股 票 研 [Table_Title] Noah Hudson 究 Company Report: Jin Jiang Hotels (02006 HK) (86755) 2397 6684 Equity Research 公司报告： 锦江酒店 (02006 HK) [email protected] 19 September 2017 [Table_Summary] China's Largest Hotel Operator Currently Undervalued, “Buy” 中国最大的酒店运营商被低估，“买入” Shanghai Jin Jiang International Hotels is the largest hotel company in [Table_Rank] 公 China and the 5th largest hotel company worldwide in terms of number Rating: Buy Initial of rooms. As at 30 June 2017, the Company had 6,398 hotels in operation 司 and another 2,336 hotels under development. 报 评级： 买入 (首次覆盖) We forecast 2017-2019 total revenue of RMB 19.5 billion, RMB 21.1 告 billion and RMB 23.0 billion, representing growth of 14.7%, 8.1% and [Table_Price] 6-18m TP 目标价: HK$3.20 Company Report 8.9%, respectively. Select-service hotels in mainland China is the Company's largest business segment in terms of revenue, and contributed 40.5% of total revenue in 2016. In 2016 the Company acquired Keystone Share price 股价： HK$2.730 Lodging and Vienna Hotels. We forecast 2017-2019 adjusted EBITDA of RMB 3.3 billion, RMB 3.4 Stock performance billion and RMB 3.6 billion, reflecting growth of 8.6%, 3.7% and 5.2%, 股价表现 respectively. For 2017-2019, we forecast net profit of RMB 792 million, RMB [Table_QuotePic25 % change ] 834 million and RMB 886 million, reflecting growth of 4.5%, 5.3% and 6.2%, 20 respectively, and EPS of RMB 0.1424, RMB 0.1499 and RMB 0.1592, 15 representing growth of 4.5%, 5.3% and 6.2%, respectively.
    [Show full text]
  • ANNUAL REPORT 2020 2020 Global Hotel Deployment
    ANNUAL REPORT 2020 ANNUAL REPORT 2020 Global Hotel Deployment China Europe Africa Number of hotels: 8,226 Number of hotels: 1,008 Number of hotels: 37 Asia (excluding China) Americas Total Number of hotels: 206 Number of hotels: 17 Number of hotels: 9,494 Note: The above figures indicate owned or managed hotels in operation around the world. Annual Report 2020 Shanghai Jin Jiang Capital Company Limited 1 Contents Corporate Information 2 Group debts and financial conditions 36 Corporate Structure 3 Borrowings and pledge of assets 36 Information on Hotels of the Group 4 Treasury Management and Interest Rate Major Awards 9 Risk Management 38 Definitions and Glossary of Technical Terms 13 Financial Assets at Fair Value through Financial Highlights 16 Other Comprehensive Income 38 Operational Statistics 17 Financial Assets at Fair Value through Profit or Loss 38 Chairman’s Statement 18 Human resources and training 38 Directors, Supervisors and Senior Management 20 Social responsibility 39 Management Discussion and Analysis 24 Corporate strategies and outlook for future development 39 Business review 24 Report of the Directors 41 Full Service Hotels 27 Report of the Supervisory Committee 67 Select Service Hotels 28 Corporate Governance Report 68 Food and Restaurants 29 Environmental, Social and Governance Report 81 Passenger Transportation Vehicles and Logistics 29 Independent Auditor’s Report 105 Travel Agency 29 Consolidated Balance Sheet 112 Information Technology 30 Consolidated Income Statement 114 Financial review 31 Consolidated Statement of Comprehensive Income 115 Consolidated Statement of Changes in Equity 116 Consolidated Statement of Cash Flows 118 Notes to the Consolidated Financial Statements 120 2 Shanghai Jin Jiang Capital Company Limited Annual Report 2020 CORPORATE INFORMATION THE FIFTH SESSION OF THE BOARD REMUNERATION AND APPRAISAL INVESTOR AND MEDIA RELATIONS EXECUTIVE DIRECTORS COMMITTEE CONSULTANT Mr.
    [Show full text]
  • Hotel Guide 2014 Hotels, Pensions & Apartments Deutsch · English · Français · Italiano · Español
    Hotel Guide 2014 Hotels, Pensions & Apartments Deutsch · English · Français · Italiano · Español Blick auf den Volksgarten und das Naturhistorische Museum Besuchen Sie Wien! www.wien.info www.facebook.com/WienTourismus www.facebook.com/GayCity Wien www.socialmedia.wien.info Visit Vienna! www.vienna.info www.facebook.com/ViennaTouristBoard www.facebook.com/GayfriendlyVienna www.youtube.com/Vienna www.socialmedia.vienna.info USEUMS M HEN HEN C IS R ANT IM KUPPELSAAL DES KUNSTHISTO DES KUPPELSAAL IM ANT R CAFÉ-RESTAU 2/3 Inhalt Contents Sommaire Indice Índice Lagepläne 6 Hotel maps 6 Plans 6 Planimetrie 6 Mapas 6 Luxusklasse 12 Deluxe 12 Luxe 12 Lusso 12 Lujo 12 Erstklassig 13 First class 13 Première classe 13 Prima categoria 13 Primera categoría 13 Mittelklasse 26 Standard 26 Classe moyenne 26 Seconda categoria 26 Turista 26 Einfach 38 Moderate 38 Simple 38 Semplice 38 Sencillo 38 Bescheiden 42 Modest 42 Modeste 42 Modesto 42 Modesto 42 Ohne Klassifizierung 44 Without Classification 44 Hors classification 44 Senza classificazione 44 Sin clasificar 44 Alphabetischer Index 50 Alphabetical index 50 Index alphabétique 50 Indice alfabetico 50 Índice alfabético 50 Bitte beachten Sie. Hotels: meist Please note. Hotels: usually À noter. Hôtels : en général un Vi preghiamo di prendere nota. Por favor, tengan en cuenta lo ein ganzes Gebäude. Pensionen: an entire building. Pensions: immeuble entier. Pensions : Hotel: in genere un unico siguiente. Hoteles: suelen ser oft Teil eines Wohnhauses. often part of a residential souvent une partie d’immeuble. edificio. Pensioni: spesso un edificio entero. Pensiones: ! Appartements: Wohn- und building. Apartments: sep- Appartements : chambre et parte di una casa di abitazione.
    [Show full text]