How many hotels does Wanda have?

How many hotels does Wanda have? Revealing the global layout of China’s hotel industry giants

In recent years, Wanda Group, as a giant in China's commercial real estate and hotel industry, has attracted much attention for the development of its hotel business. This article will provide you with a detailed analysis of the number, distribution and latest developments of Wanda Group’s hotels based on the hot topics and hot content on the Internet in the past 10 days.

1. Overview of Wanda Hotels and Resorts

Wanda Hotels and Resorts is one of the important business segments of Wanda Group, covering various types such as luxury hotels, high-end hotels, and theme hotels. As of 2023, Wanda Hotels and Resorts' global layout has begun to take shape.

2. Latest developments of Wanda Hotels

1.Asset-light transformation accelerates: In recent years, Wanda Hotels and Resorts has continued to promote an asset-light strategy and rapidly expanded its hotel network through brand output and management models. According to the latest news, Wanda plans to add 20 management export hotels in 2024.

2.Overseas layout adjustment: Affected by the global epidemic, Wanda has optimized some overseas hotel assets. There have been recent reports that Wanda is considering selling some of its overseas hotel projects to focus on the domestic market.

3.digital transformation: Wanda Hotel recently launched a new membership system and digital service platform to improve customer experience and operational efficiency.

3. Comparison between Wanda Hotels and other international hotel groups

4. Development Prospects of Wanda Hotels

1.Deeply cultivate the domestic market: With the recovery of China's tourism market, Wanda Hotels will continue to deeply explore the domestic market, especially in second- and third-tier cities, and will further expand its presence.

2.Brand upgrade: Wanda plans to comprehensively upgrade its hotel brand in the next three years to improve service standards and customer experience.

3.Cross-border cooperation: Recently there is news that Wanda Hotels is negotiating cooperation with a number of technology companies and plans to innovate in areas such as smart guest rooms and unmanned services.

5. Expert opinions

Hotel industry analyst Zhang Ming said: "Wanda Hotels has obvious advantages in the domestic high-end hotel market, and its asset-light strategy helps rapid expansion. However, compared with the world's leading hotel groups, Wanda still has room for improvement in terms of internationalization and brand influence."

Tourism industry expert Li Hua believes: "In the post-epidemic era, China's hotel industry will usher in a new round of reshuffle. If Wanda Hotels can seize the opportunity of the upgrade of domestic tourism consumption, it is expected to further consolidate its market position."

Conclusion

To sum up, Wanda Hotels & Resorts currently has more than 100 hotels around the world, most of which are located in China. Although there is still a gap in scale compared with international hotel giants, Wanda is expanding rapidly with its local advantages and light asset strategy. In the future, as China's tourism market continues to develop and consumption upgrades, Wanda Hotels is expected to achieve higher-quality growth.

The data in this article are as of the latest statistics in 2023, and the specific numbers may be adjusted due to project changes. For the latest information, it is recommended to pay attention to the official release of Wanda Group.