Jin Jiang International Hotels Signs MOU with Hanwha Hotels & Resorts

Shanghai, 18 April, 2014

On 18 April, a Memorandum of Understanding (MOU) signing ceremony between two leading hospitality groups, Jin Jiang International HOTELS AND Hanwha Hotels & Resorts, was held at Jin Jiang’s flagship business hotel, Jin Jiang Tower in downtown Shanghai. The signing of the MOU on behalf of the respective organizations were Mr. Simon Zhang, Chief Executive Officer at Jin Jiang International Hotels and Mr. Won-Ki Hong, Chief Executive Officer of Hanwha Hotels & Resorts and Vice Chairman of Hanwha Group.
The MOU will commit the two parties to collaborate closely together as business partners and to work towards achieving common strategic goals and objectives to ensure the successful performance of both companies. The MOU will provide frameworks for new and potential opportunities for cooperation between the corporate offices and SELECTED HOTELS. Each side will pursue significant activities and actively cooperate to strengthen the competitiveness of its products and services through various marketing alliances and business collaborations. The top priority items in the MOU agenda include the cross cooperation between the global sales and PR teams, the offering of special rates to both companies’ members and clients, promoting of the companies’ loyalty programs, hotel operational support including employee cross training and exchange programs, and affiliate food and beverage promotional programs. 
The signing of this MOU represents Jin Jiang International Hotel’s continued efforts in establishing formal links with strategic travel and hospitality partners overseas in order to enhance the development of the groups’ operational and marketing efforts for the benefit of its staff and guests. 
“This cooperative partnership with Hanwha Hotels & Resorts is of great significance to us, and we look forward to this close cooperation, I am confident that through our joint efforts and commitment, we will be able to build a prosperous future and develop a strong and mutually beneficial relationship between the two companies. The Korean market is an important one to us and this opportunity is a chance to broaden our brand awareness and expand our activities into this new and exciting market,” stated Mr. Simon Zhang, Chief Executive Officer at Jin Jiang International Hotels. 
China and South Korea are popular and important travel destinations for both countries. Korea has recently seen a rapidly increasing growth of Chinese inbound travelers and last year alone Korea had over 4 million visitors from China, making them the country’s largest inbound tourist market. Conversely, Korean tourist arrivals to China last year had reached almost 4 million. 
Vice Chairman of Hanwha Hotels & Resorts, Mr. Won-Ki Hong commented, “Considering the Korea-China relationship as a strategic partnership, this cooperation between these two leading hospitality companies within their respective countries, Hanwha Hotels & Resorts and Jin Jiang International Hotels, is a significant and valuable one.” He adds, “Through the agreement, Hanwha Hotels & Resorts will closely cooperate with Jin Jiang International Hotels to grow together as the world’s best leisure service provider and will also take the opportunity to expand its presence into the Chinese market.” 

About Jin Jiang International HOTEL Management Company Ltd.

Jin Jiang International Hotel Management Company Ltd. (Jin Jiang International Hotels), the largest star rated hotel management company in China, has a portfolio of over 123 distinctive star RATED HOTELSwith a room inventory of over 35, 000 HOTEL ROOMS spread across 77 cities in China. Under the Jin Jiang branding concept, the company has a new premium “J” hotel brand, five star properties which include the renowned heritage collection and their four star Jin Jiang properties. 
Jin Jiang International Holdings Company Ltd. (“Jin Jiang” or the “Group”), is China’s premier hospitality conglomerate, owner, developer and operator of hotels across all market segments. The Group manages, through its wholly owned subsidiary Jin Jiang International Hotel Management Company Ltd., the entire portfolio of owned and/or operated four and five-star hotels and its sister company Jin Jiang Inn which focuses on budget hotels. Jin Jiang International Hotels (Group) Company Ltd. is the leading operator and manager of HOTELS IN China. Overall, the Group owns and operates a collection of over 1,460 distinctive hotels and inns in more than 230 cities and towns within 31 provinces, autonomous regions and municipalities across China with a total room inventory in excess of 223,000 and is ranked as the 9th largest hotel company globally. 
Every Jin Jiang hotel is a memorable reflection of its destination’s unique style and culture. Jin Jiang International Hotels, with its qualified hotel management background and passion for excellence, dedicates itself to offering reputable hospitality services to its valued customers. With experience originating from the 1920s, its core competitiveness has accelerated in recent years. Together, the professional corporate and hotel management teams have extensive international hospitality experiences and backgrounds. This renowned company is rapidly growing and continues to strengthen and build its brand presence in China in addition to building into a strong internationally known brand. For more information or reservations, please visit: 
www.jinjianghotels.com 

About Hanwha Hotels & RESORTS

Hanwha Hotels & Resorts, a major player in Korea’s hospitality industry, owns and operates Seoul’s 410-guestroom luxury BOUTIQUE HOTEL, THE PLAZA, and Korea’s largest condominium chain across 12 properties with a total of over 4,800 guestrooms. In the leisure industry, Hanwha Hotels & Resorts operates a number of themed destinations and resort attractions across 63 City attractions, Seorak Waterpia, Royal Saddle equestrian society, and Jade Garden in Chuncheon. Hanwha Aqua Planet is now a global player in the aquarium industry not only in Korea, but also in the world. In overseas market, Hanwha Hotels & Resorts operates the Ocean Palace Golf Club and Resort in Nagasaki, Japan and the Saipan World Resort. The company owns and operates premier public and private golf courses in Japan and Korea with a total of 126 holes. Hanwha Hotels & Resorts has its own dining, catering and banquet businesses by managing over 300 dining facilities across Korea under the Foodist brand. www.hwrc.co.kr 

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For more information, please contact: 
Aline Siobhan Davies , Senior Manager, Corporate Communications, 
Tel: +86 21 2037 5024
Email: aline.davies@jinjianghotels.com