Hashtag
The Times

The partnership is set to significantly boost the Swiss-Belhotel International’s portfolio.

Making the announcement Mr. Gavin M. Faull, Chairman and President of Swiss-Belhotel International, said, “The MOU with CTG Hotel will serve as a gateway for rapid growth for us in China and other international markets. The strength of the robust Swiss-Belhotel International brand, owned and nurtured by our International Group for over two decades, coupled with CTG Hotel’s vast resources and sterling reputation, will act as a catalyst for continued expansion.”

CTG Hotel, with its impressive portfolio of over 200 owned or managed properties, and parent company China Travel Group, wielding assets to the tune of RMB120.4 billion (US$16.9 billion) and providing services for over 60 million tourists annually, creates a formidable platform for Swiss-Belhotel International to amplify its presence globally.

Mr. Faull revealed, “CTG, attracted by the strength and credibility of the Swiss-Belhotel International brand, has been engaged in talks with us for nearly two years. We foresee this partnership to evolve and strengthen in the coming years, propelled by the ongoing resurgence of the travel industry.”

The strategic collaboration, imbued with a profound international perspective, aims to foster mutual trust and benefits between the two companies, exploring dual branding business cooperation and diversified business development both in China market and international markets.

Leveraging on CTG's well-established track record of successful collaborations with other leading international hotel groups such as IHG, Marriott, Hilton, and Wyndham, this alliance represents a pivotal opportunity for Swiss-Belhotel International to accelerate its global expansion. The partnership will also furnish Swiss-Belhotel International with deep insights into the burgeoning Chinese market and potential collaborative opportunities with other China Travel Group entities, including China Travel Service.

Established in Hong Kong in 1987, Swiss-Belhotel International has grown to manage 125 hotels and projects under 16 brands across 19 countries, with regional management hubs. Currently, it manages 15,000 rooms, with an additional 20,000 in the pipeline.
Hashtag: #SwissBelhotel #SwissBelhotelinternational #CTGhotel #hospitality





The issuer is solely responsible for the content of this announcement.

Swiss-Belhotel International

Swiss-Belhotel International is currently in 19 countries, managing a portfolio of more than 125* hotels, resorts, and projects.

Turn Weekends into Getaways with Caravan Sales in Newcastle

You do not always need a long holiday to feel like you have properly escaped. A free weekend can be enough to pack up, hitch up...

Shutters and Blinds to Complement Different Interior Styles

Interior design choices work best when appearance and function support each other. Window coverings can frame a view, soften inc...

Understanding Important Family Law Decisions with Family Lawyers in Melbourne

Family law decisions can have lasting effects on relationships, children, finances, and future living arrangements. PCL Lawyers ...

How to Choose an Expert Mortgage Broker in Camberwell?

What is a Mortgage Broker? A mortgage broker is a helping hand that helps in making the right decisions when considering a home ...

Concrete Repairs Melbourne: Planning Durable Repairs for Buildings and Surfaces

Concrete repairs Melbourne projects can range from localised surface damage to more complex deterioration that needs careful asses...

Buying Wheels Online: Comparing Roh Wheels Australia and Fuel Wheels

Shopping for wheels online makes it easier to compare styles, sizes and specifications before visiting a retailer or arranging fit...

IN THE NEWS

The 22nd International Medical, Hospital And Pharmaceutical Exhibition in Ho Chi Minh city – Vietnam…

HANOI, VIETNAM - Media OutReach Newswire - 9 July 2024 - As the most anticipated annual event in the He.

How To Have A Successful Marketing Campaign

When it comes to your marketing campaign, you are going to want it to be as successful as possible. Oth.

Five key themes in workplace design for 2019

We hear a lot about technological advances in the workplace, making life easier and more productive for.

The Role of Precedent in Litigation

In the world of law, precedent plays a pivotal role, particularly in litigation. For those seeking just.

Zest Clinic Celebrates New Location At Parkway Medical Centre

Embracing a new focus, Zest Clinic provides transformative journeys with personalised treatments to enhan.

Little Things to Boost your Business Engagement

Every business owner worth their salt understands the importance of ongoing customer engagement as a corn.

Health & Wellness

Looking After a Hearing Aid: The Small Daily Habits That Matter

Hashtag.net.au - avatar Hashtag.net.au

A hearing aid is a small electronic device worn close to skin, sweat and earwax, and it needs regular care to keep working as it should. Most of that care is simple and takes only a minute or two, b...

What to Look for When Choosing a Dental Clinic Melbourne Patients Can Rely On

Hashtag.net.au - avatar Hashtag.net.au

Look at the Range of Dental Care Available Choosing a dental practice is easier when patients can access different types of care in one place. A dental clinic Melbourne patients visit may provide gen...

What Do Clinical Teams Need from Their Surgical Supply Partners?

Hashtag.net.au - avatar Hashtag.net.au

In clinical settings, surgical supply partners aren’t just vendors. They sit quietly behind the scenes of operating lists, specialist consultations, treatment rooms and recovery workflows. When they...

hacklink esim usazlibraryzlibraryz-libraryFanatikbetjojobetjustintvjojobetcasinolevantcasinolevantcasinolevantcasinolevantcasinolevantcasinolevantcasinolevantcasinolevanttaraftariumjojobethacklink panelmarsbahisjojobetnot on gamestopuk casinos not on gamstopyasal bahis siteleri