Hashtag
Men's Weekly

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.

Specialist Disability Accommodation Explained: What It Is, Who Qualifies, and How to Access It in Perth

For many Australians living with significant disability, the question of where to live — and how to live there safely and comfor...

How Smart Site Managers Source Wholesale Medical Supplies to Keep Their Teams Safe and Compliant

If you're running a construction site, a civil project, or a trade-based operation anywhere in Australia, first aid preparedness...

Unlocking Opportunities: The Power of Digital Advertising for Trades

The trades industry has long relied on traditional methods like word-of-mouth referrals, flyers, posters, and business cards. Whil...

Why Air Conditioner Sales Melbourne Are Growing With Demand for Energy-Efficient Cooling

As temperatures continue to rise in many regions, the demand for reliable cooling systems has increased significantly. Homeowner...

Building Resilient IT Support Models for Large Enterprise Environments

At scale, IT support services can't be designed around best-case scenarios. Environments managing thousands of endpoints across ...

How to choose and buy original Nemiroff vodka

Nemiroff Vodka: an assortment worth paying attention In the world of alcoholic beverages, vodka continues to be a symbol of tr...

IN THE NEWS

How Long-Distance Moving Services Make Your Move Less Stressful

Moving can be a stressful experience. Whether you are moving across Australia or just across town, th.

Singapore - A Trusted Global Supply Chain Management Hub

SINGAPORE - Media OutReach Newswire - 8 November 2024 - Singapore is strengthening its position as a glo.

Common Tree Job Accidents and How Insurance Helps

Tree work ranks among the most hazardous occupations, combining work at heights, heavy equipment operatio.

Everything You Must Understand Before Investing Your Finances

If you were to sit down and have a conversation with a wealthy person, the chances are high that they.

Sydney's Drain Crisis to Worsen

It has been over a year since record flooding across Sydney, and though we haven't experienced a repeat.

DBS Hong Kong and edge Lead Dialogue on Cross-Border Growth at "Gateway to Indonesia"

Empowers businesses to explore expansion across Indonesia, Hong Kong, and other Greater Bay Area to thriv.

Health & Wellness

Specialist Disability Accommodation Explained: What It Is, Who Qualifies, and How to Access It in Perth

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

For many Australians living with significant disability, the question of where to live — and how to live there safely and comfortably — is one of the most important and most complex they will ever f...

How Smart Site Managers Source Wholesale Medical Supplies to Keep Their Teams Safe and Compliant

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

If you're running a construction site, a civil project, or a trade-based operation anywhere in Australia, first aid preparedness probably sits somewhere near the bottom of your planning checklist — ...

Experience ultimate comfort: the health benefits of an adjustable bed and mattress

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

Imagine waking up each morning feeling truly refreshed, without the usual aches and stiffness. For many, a traditional flat bed can fall short in providing the tailored support needed for optimal rest...