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China Hotel
China Hotel () is a 5-star hotel in Guangzhou, Guangdong, China. History China's first 5-star hotel and the first involving foreign capital, the China Hotel was built in 1984 by the Hong Kong-listed conglomerate Hopewell Holdings Ltd (controlled by Sir Gordon Wu) under a novel contractual agreement that came to be known as Build-Operate-Transfer, a means of building and operating joint ventures with local authorities in China. This arrangement allowed a foreign partner to build a facility at its own expense, operated it for an agreed length of time to generate a return on its investment, then hand it over to a local partner at no cost. New World Development, via its subsidiary New World Hotels (Holdings), also owned a minority stake. China Hotel became the first hotel managed by Marriott International, Marriott in Mainland China in 1998, under a 20-year contract and was renamed China Hotel, A Marriott Hotel. It left Marriott at the end of the contract on October 31, 2018. The ho ...
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China Hotel 1
China, officially the People's Republic of China (PRC), is a country in East Asia. With population of China, a population exceeding 1.4 billion, it is the list of countries by population (United Nations), second-most populous country after India, representing 17.4% of the world population. China spans the equivalent of five time zones and Borders of China, borders fourteen countries by land across an area of nearly , making it the list of countries and dependencies by area, third-largest country by land area. The country is divided into 33 Province-level divisions of China, province-level divisions: 22 provinces of China, provinces, 5 autonomous regions of China, autonomous regions, 4 direct-administered municipalities of China, municipalities, and 2 semi-autonomous special administrative regions. Beijing is the country's capital, while Shanghai is List of cities in China by population, its most populous city by urban area and largest financial center. Considered one of six ...
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Marriott International
Marriott International, Inc. is an American multinational corporation, multinational company that operates, franchises, and licenses lodging brands that include hotel, residential, and timeshare properties. Marriott International owns over 37 hotel and timeshare brands with 9,000 locations and 1,597,380 rooms across its network (as of 2023). Marriott International is headquartered in Bethesda, Maryland. The company is the successor to the hospitality division of the Marriott Corporation, founded by J. Willard Marriott (1900–1985) and his wife Alice Marriott (1907–2000). Profile Marriott International is the largest hotel company in the world by the number of available rooms. It has 36 brands with 9,361 properties containing 1,706,331 rooms in 144 countries and territories. Of these 9,361 properties 1,981 are managed but not owned by Marriott, 7,192 are owned and managed by independent hospitality companies under franchise agreements with Marriott, and 51 are both owned and ...
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Yuexiu District
Yuexiu District is one of 11 urban districts and the seat of the prefecture-level city of Guangzhou, the capital of Guangdong Province, China, located west of the Tianhe District and east of the Liwan District. It is the commercial, political and cultural centre of Guangdong and noted for its high-quality education. The area has served as a regional administrative center for nearly 2,000 years, and assumed its current boundaries in September 2005. The Guangdong provincial government and the Guangzhou city government are both located in the Yuexiu District. Yuexiu District has 18 subdistricts under its jurisdiction. The total area is . According to the 2020 Chinese Census, the permanent population of Yuexiu District was 1,038,643. Toponymy The name Yuexiu comes from Yuexiu Hill. History However, according to archaeological discoveries, it has been confirmed that there were inhabitants settled in Guangzhou region at least three to four thousand years ago. The area of pre ...
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CK Hutchison Holdings
CK Hutchison Holdings Limited () is a Hong Kong–based and Cayman Islands–registered multinational conglomerate corporation. The company was formed in March 2015 through the merger of Cheung Kong Holdings and its main associate company Hutchison Whampoa. It has four core businesses ports and related services, retail, infrastructure and telecommunications which operate in over 50 countries, as well as several other investments around the world. Holdings The company owns substantial holdings in businesses across a number of industries. Telecoms The Group's telecommunications division is a leading global operator and innovator of converged telecommunication and digital services around the world. * CK Hutchison Group Telecom – operates 3-branded mobile telephone networks in Austria, Denmark, Ireland, Sweden Sweden, formally the Kingdom of Sweden, is a Nordic countries, Nordic country located on the Scandinavian Peninsula in Northern Europe. It borders Norway to th ...
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Sun Hung Kai Properties
Sun Hung Kai Properties Limited (SHKP) is a listed corporation and one of the largest property developers in Hong Kong. The company's businesses include property sales, property rental, telecommunications (SmarTone, SUNeVision), hotel operation, transport and logistics, and others. The company is controlled by the Kwok family trust, largely the Kwok brothers. History Early years The predecessor of the group, Sun Hung Kai Enterprises Co., Ltd. (), was founded in 1963 by Kwok Tak-seng, together with Fung King-hey and Lee Shau Kee. The current legal entity of the holding company of the group, Sun Hung Kai Properties Limited, was incorporated on 14 July 1972 and was listed on the Hong Kong Stock Exchange, Hong Kong stock exchange on 23 August 1972. In 1973, SHKP acquired Hong Yip Service Company Limited. In 1977, SHKP moved its head office to Connaught Centre, Central (now known as Jardine House). In 1978, SHKP established Kai Shing Management Services Limited, a property manage ...
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Henderson Land Development
Henderson Land Development Co. Ltd. () is a listed property developer in Hong Kong and a constituent of the Hang Seng Index. The company's principal activities are property development and investment, project management, construction, hotel operation, department store operation, finance, investment holding and infrastructure. It is the third largest Hong Kong real estate developer by market capitalisation. The company is controlled by Lee Shau Kee, who owns approximately 70.17% of the share capital as of June 2015. History Founded by Li Shau-kee, the company was taken public in 1981 by Sun Hung Kai Securities. The shares were introduced at HK$4 by a novel, geared, method – there was to be an initial downpayment of HK$1 per share upon subscribing to the offer, with cash calls of another HK$1 six months later. The final HK$2 instalment would be due at the year end. In 2006, the State Administration of Foreign Exchange (SAFE) found that Henderson had breached the foreign-excha ...
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Hopewell Holdings
Hopewell Holdings Limited () is a major property developer in Hong Kong established in 1972 and headed by Sir Gordon Wu. History Hopewell Holdings was established on 17 October 1972. It was listed on the Hong Kong stock exchanges in 1972 and delisted when taken private in 2019. Hopewell Holding is a holding company for investments in infrastructure projects, property letting, property agency and management, hotel operations and management, restaurant operation and food catering, construction and project management. Its primary businesses are in Guangdong and Hong Kong. It was one of the first foreign companies to invest in infrastructure projects in China and a pioneer of infrastructure developments across Asia, including the failed Bangkok Elevated Road and Train System (BERTS) project in Bangkok. It held 68 percent of Hopewell Highway Infrastructure Ltd, which is spun off by Hopewell Holdings and listed on the Hong Kong Stock Exchange in early August, 2003. The company w ...
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Hotels In Guangzhou
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 refrigerator, and other kitchen facilities, upholstered chairs, a television, and en-suite bathrooms. Small, lower-priced hotels may offer only the most basic guest services and facilities. Larger, higher-priced hotels may provide additional guest facilities such as a swimming pool, a business center with computers, printers, and other office equipment, childcare, conference and event facilities, tennis or basketball courts, gymnasium, restaurants, day spa, and social function services. Hotel rooms are usually numbered (or named in some smaller hotels and B&Bs) to allow guests to identify their room. Some boutique, high-end hotels have custom decorated rooms. Some hotels offer meals as part of a room and board arrangement. In Japan, capsu ...
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Mainland China
"Mainland China", also referred to as "the Chinese mainland", is a Geopolitics, geopolitical term defined as the territory under direct administration of the People's Republic of China (PRC) in the aftermath of the Chinese Civil War. In addition to the geographical mainland, the geopolitical sense of the term includes islands such as Hainan, Chongming Island, Chongming, and Zhoushan. By convention, territories outside of mainland China include: * Special administrative regions of China, which are regarded as subdivisions of the country, but retain distinct administrative, judicial and economic systems from those on the mainland: ** Hong Kong, formerly a British Hong Kong, British colony ** Macau, formerly a Portuguese Macau, Portuguese colony * Taiwan, along with Penghu, Kinmen, Matsu Islands, Matsu and other minor islands, are collectively known as the Taiwan Area, where has been the major territorial base of the government of the Republic of China (ROC) since 1950. Though the ...
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New World Hotels (Holdings)
New World Hotels (Holdings) Limited, formerly known as Kai Tak Land Investment Limited, is a former Hong Kong-listed company and currently a wholly owned subsidiary of New World Development. History The company was incorporated as Victoria Park Hotel Limited in 1957 in British Hong Kong.Data in Hong Kong Companies Registry; mirrored data iopencorporates.com/ref> It soon renamed as Kai Tak Land Investment in 1961. Kai Tak Land Investment became a listed company in the and Kam Ngan Stock Exchange () in 1972. The exchanges were the predecessors of the Stock Exchange of Hong Kong. The company was the developer of a building of the same name, Kai Tak Commercial Building. However, it is located in Des Voeux Road Central, Sheung Wan, Hong Kong Island, instead of the area near the Kai Tak Airport, eastern Kowloon. The company also owned some leaseholds of crown land in Tai Kok Tsui, western Kowloon for development into residential buildings. In October 1976, the controlling stake of t ...
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Guangzhou
Guangzhou, Chinese postal romanization, previously romanized as Canton or Kwangchow, is the Capital city, capital and largest city of Guangdong Provinces of China, province in South China, southern China. Located on the Pearl River about northwest of Hong Kong and north of Macau, Guangzhou has a history of over 2,200 years and was a major terminus of the Silk Road. The port of Guangzhou serves as a transportation hub for China's fourth largest city and surrounding areas, including Hong Kong. Guangzhou was captured by the United Kingdom, British during the First Opium War and no longer enjoyed a monopoly after the war; consequently it lost trade to other ports such as Hong Kong and Shanghai, but continued to serve as a major entrepôt. Following the Second Battle of Chuenpi in 1841, the Treaty of Nanking was signed between Robert Peel, Sir Robert Peel on behalf of Queen Victoria and Lin Zexu on behalf of Daoguang Emperor, Emperor Xuanzong and ceded British Hong Kong, Hong Kon ...
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New World Development
New World Development Company Limited (NWD) is a Hong Kong–based company focused on property, hotels, infrastructure and services and department stores. It was established on 29 May 1970 by Cheng Yu-tung. The company is publicly listed on the Stock Exchange of Hong Kong Limited (SEHK: 17) since 23 November 1972 and was formerly a constituent stock of Hong Kong Hang Seng Index. Over the last four decades, the group has also actively participated in various businesses in Mainland China and established itself as one of the largest foreign direct investors in the country. The group's existing investments in Mainland China has exceeded US$16.5 billion, spreading across four municipalities and over 19 provinces. History New World Development was founded on May 29, 1970, with Dr. Ho Sin Hang as chairman and Cheng Yu-tung as Director and General Manager. The group went public on the Stock Exchange of Hong Kong Limited (SEHK) (SEHK: 17) in 1972. Group Reorganization To b ...
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