Providing travelers with a superior quality Business & Leisure Experience
Shimao has been involved in the hotel industry since 2004. At present, it has 27 internationally renowned hotels (including those are planned) and 136 hotels under its own brands (including those are planned), with the total number of rooms exceeding 30,000, and the annual check-in exceeding 6.6 million. In 2019, the EBITDA rate was 30.9%, making it the industry leader.
Shimao Hotels & Resorts has successively established strategic cooperation with Marriott, Hyatt, Intercontinental, Hilton and other internationally renowned hotel management companies, bringing high-quality business travel and vacation experience to urban travelers. In 2017, Shimao joined hands with Starwood Capital to create a new joint venture hotel group, laying out the mid- to high-end hotel market, creating seven distinctive independent hotel brands, including Banyan Tree, Mao Yu, Shi Yu, Mao Yuju, Fan Xiang, Rui Xuan Shangpin and Rui Xuan, signing overseas projects in Bali, Malacca and Buntong etc., accelerating the export of independent brands with light assets, and aspiring to lead national hotel brands to the world.