WANDA GROUP / 万达酒店及度假村

MAIN BRANDS IN CHINA

HARD DATA

NUMBERS

TOTAL OUTLETS91
WANDA REIGN3
WANDA VISTA19
WANDA JIN1
WANDA REALM30
WANDA MOMENTS3

COMPANY DETAILS

ORIGINChina
FOUNDED1996
LISTEDListed HK
WEBSITEwww.wandahotels.com
REGIONAL HQShanghai
CHINA HQShanghai
FOUNDERWanda Commercial
CEO (CHINA)Ning Qifeng

SOFT DATA

Founded in 1996, Wanda Hotels & Resorts has three core business sections – hotel design, hotel construction and hotel management. Wanda Hotels & Resorts has five hotel brands: the ultra-luxury hotel brand Wanda Reign, the luxury hotel brand Wanda Vista, the premium hotel brand Wanda Realm, the select-service hotel brand Wanda Jin, and Wanda Moments, an ultra mid-scale brand. At present, Wanda Hotels & Resorts is managing 79 opened hotels, as well as more than 90 hotels to be opened, in more than 100 cities all over the world.

ANALYSIS & PURCHASING INSIGHTS

  • Wanda Group (simplified Chinese: 万达集团; or Dalian Wanda (Chinese: 大连万达), is a Chinese multinational conglomerate based in Beijing. It is the world's biggest private property developer and owner of the world's largest cinema chain, Wanda Cinemas and the Hoyts Group, as well as a majority shareholder of AMC Theatres.
  • In 2017, its assets amounted to 700 billion yuan and an annual revenue 227.4 billion yuan ($35.29 billion). Wanda Cultural Industry Group is China’s largest cultural enterprise, which includes movie theaters, sports and film-production assets, contributed 28% or $10.85 billion to overall revenue.
  • In July 2017 it was reported that the group was selling a number of theme parks and hotels for $9.3 billion to Chinese property developer Sunac.

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