Jin Jiang is China's largest hotel group and the world's second-largest, according to a statement on Oct 23 by Ascott, citing third-party data.
Ascott is the lodging business unit of CapitaLand Investment.
The partnership was unveiled at an event celebrating Ascott's 40th anniversary on Oct 23.
Under the joint venture, more apartment hotels under Ascott's Quest and Jin Jiang's Tulip Lodj brands will be developed and managed in China.
The expansion, which will take place under a primarily franchise model, is expected to serve an unmet demand in China for more upscale and upper-midscale apartment hotels, Ascott said.
この記事は The Straits Times の October 24, 2024 版に掲載されています。
7 日間の Magzter GOLD 無料トライアルを開始して、何千もの厳選されたプレミアム ストーリー、9,000 以上の雑誌や新聞にアクセスしてください。
すでに購読者です ? サインイン
この記事は The Straits Times の October 24, 2024 版に掲載されています。
7 日間の Magzter GOLD 無料トライアルを開始して、何千もの厳選されたプレミアム ストーリー、9,000 以上の雑誌や新聞にアクセスしてください。
すでに購読者です? サインイン
Percival Everett wins US National Book Award for fiction
American author Percival Everett won the US National Book Award for fiction on Nov 20 for his novel James, a propulsive and slyly funny retelling of American writer Mark Twain's Adventures Of Huckleberry Finn (1884) from the perspective of Huck's companion, an enslaved man named James.
Actor Jussie Smollett's conviction for staged attack overturned
American actor Jussie Smollett's conviction for fabricating a racist and homophobic hate crime in Chicago in 2019 was overturned on Nov 21 on due process grounds.
K-pop CD output draws fire as plastic waste talks loom
SEOUL - K-pop music may be South Korea's buzziest export, but the industry needlessly creates mountains of plastic in its home market by churning out CDs that most fans do not even listen to, critics say.
Actress Yvonne Lim returning to Singapore after 10 years in Taiwan
Singaporean actress Yvonne Lim is ready for a new chapter in her life. The 48-year-old announced on social media on Nov 21 that she has opened a YouTube channel.
Striking scenes from abstract triptych in Puppet Origin Stories
A wilfully abstract triptych of stories that make up the third edition of Puppet Origin Stories will frustrate the theatregoer in search of meaning, but delight those who can surrender to the weird and affecting visual scenes crafted on stage.
Kim Soo-hyun samples local food and finds it 'very satisfying'
The K-drama star is here to promote his new series as part of Disney's showcase of upcoming Asian titles
Entrepreneur rediscovers her need for speed
Ms Janice Oo lives out the famous line from the 1986 Hollywood flick, Top Gun, when the lead character \"Maverick\", played by Tom Cruise, declared: \"I feel the need, the need for speed.\"
Timeless Velar refreshed with hybrid engine
The model by Range Rover is relaxing to drive, but the controls feel lighter and less direct than those of its rivals
Wish come true for BYD buyers with families
The M6 is the first mid-sized electric seven-seater to be available here
Subtle serenity
Newly-weds pick clean, functional Japandi aesthetic for their HDB flat
