Core Insights - The hospitality industry is increasingly adopting "accommodation+" models to enhance consumer experience and meet new demands during holiday periods [1][2][3] Group 1: Accommodation+ Initiatives - Various hotels are launching unique "accommodation+" experiences, such as the Shangri-La Hotel in Hohhot offering a "stay + Mongolian robe experience" and the Marriott in Lijiang providing a "stay + intangible cultural heritage woodblock printing experience" [1] - Jinjiang Hotels is promoting "hotel + destination" packages, including a Disney shuttle service at the Shanghai Baolong Radisson Hotel and a maritime-themed room package at the Shanghai Lingang Jinjiang International Hotel [2] - The Ultraman-themed hotel at Shanghai Haichang Ocean Park is experiencing high demand, indicating a shift towards experiential consumption in the hotel sector [3] Group 2: Consumer Trends and Engagement - The transition from traditional accommodation to experiential consumption reflects consumers' pursuit of enhanced quality in their spending [3] - Hotels are integrating various aspects of consumer experience, such as dining, travel, and entertainment, to create a cohesive consumption environment, which fosters stronger emotional connections with customers [3] - Jinjiang Hotels is incorporating unique experiences into its membership system, such as a touring comedy show across 12 cities, enhancing member engagement through experiential offerings [3] Group 3: Policy Support and Industry Growth - The accommodation sector plays a crucial role in stimulating domestic demand and is expected to benefit from supportive policies aimed at high-quality development [4][5] - Future policies are anticipated to focus on diversifying product offerings, revitalizing existing resources, and promoting innovative business models, including the conversion of idle commercial properties into hotels [5] - The push for digitalization and standardization in the accommodation industry is expected to enhance operational efficiency and service quality, leveraging technologies like AI and IoT [5]

Market Overview - The hotel and catering sector experienced a decline of 0.54% on September 30, with Junting Hotel leading the drop [1] - The Shanghai Composite Index closed at 3882.78, up 0.52%, while the Shenzhen Component Index closed at 13526.51, up 0.35% [1] Individual Stock Performance - Key stocks in the hotel and catering sector showed varied performance, with Tongqinglou up 0.20% and Junting Hotel down 2.00% [1] - The closing prices and changes for notable stocks include: - Tongqinglou: 19.94, +0.20% - Junting Hotel: 22.52, -2.00% - Xianyin Food: 86.8, -0.77% [1] Capital Flow Analysis - The hotel and catering sector saw a net outflow of 118 million yuan from main funds, while retail investors contributed a net inflow of 104 million yuan [1] - The capital flow for individual stocks indicates significant outflows for several companies, including: - Junting Hotel: -20.59 million yuan from main funds - Xianyin Food: -20.04 million yuan from main funds [2] - Retail investors showed a positive net inflow in stocks like Xianyin Food, with 23.14 million yuan [2]

证券代码：600754/900934 证券简称：锦江酒店/锦江B股 公告编号：2025-054 重要内容提示： （网址：https://roadshow.sseinfo.com/） 会议召开方式：上证路演中心视频直播和网络互动 投资者可于 2025 年 9 月 30 日（星期二）至 10 月 14 日（星期二）16:00 前登 录 上 证 路 演 中 心 网 站 首 页 点 击 " 提 问 预 征 集 " 栏 目 或 通 过 公 司 邮 箱 JJIR@jinjianghotels.com 进行提问。公司将在说明会上对投资者普遍关注的问题 进行回答。 上海锦江国际酒店股份有限公司 关于召开 2025 年半年度业绩说明会的公告 上海锦江国际酒店股份有限公司（以下简称"公司"）已于 2025 年 8 月 28 日发布《上海锦江国际酒店股份有限公司 2025 年半年度报告》，为便于广大投资 者更全面深入地了解公司 2025 年半年度的经营成果、财务状况，公司计划于 2025 年 10 月 15 日上午 10:30-11:30 举行 2025 年半年度业绩说明会，就投资者关心的 问题进行交流。 本公司董事会及全体董事保 ...

国庆佳节将至，在海南自贸港建设迎来关键节点之际，由珠海国资旗下珠海投资控股有限公司与珠海珠 免集团股份有限公司(下称"珠免集团")联袂打造的三亚湾壹号文商旅综合体，将于10月1日正式开业。 作为连续4年海南省重点项目，三亚湾壹号无疑是自贸港政策红利与卓越营商环境深度融合的标杆成 果，是三亚在建设国际旅游消费中心核心区征程中的一次重要实践，项目顺利开业为自贸港发展注入强 劲的商业与文化动能。 当艺术遇见海浪，一场关于海南的文化漫游 要将一次性的旅游"流量"转化为可持续经营的"留量"，离不开为国际旅游消费中心注入文化厚度，助力 提升海南的"文化软实力"。据项目方介绍，三亚湾壹号在开业时将同步呈现三大先锋艺术展，搭建起国 际对话、在地寻根与潮流表达并行的多层次文化体验场。 据项目方提前透露，开业呈现的三大三亚首展将各具定位。其中，艺术家袁泽铭打造的热门潮流IP"大 卫猿"为主角的《平行"猩"空：大卫猿×三亚湾壹号艺术展》，通过"白云绿植""黑夜星海"日夜主题交 替，打造沉浸式艺术空间；《南溟逐梦｜在地文化寻迹之旅》联合"梅联村MEILIANCūN"，邀请9位青 年艺术家发起共生艺术计划，立足海南本土叙事，围绕"植、 ...

Core Insights - Hotel prices are significantly increasing ahead of the National Day holiday, with some hotels raising prices from approximately 90 yuan to around 1000 yuan, representing a more than tenfold increase [2] Price Trends - The overall price trend for hotels in major cities like Beijing, Shanghai, Guangzhou, and Shenzhen shows a notable increase during the National Day period, with a significant differentiation among various hotel brands [2] - Economy and mid-range hotel brands are the most sensitive to the holiday price surge, generally achieving double-digit percentage increases [2] Economy Segment Performance - Among economy brands, Home Inn saw an average price increase of 27.1%, the highest in this category [2] - Hanting followed with a price rise of 20.6%, while Jinjiang Inn experienced a 25.9% increase [2] Mid-Range Segment Performance - In the mid-range category, Vienna Hotels recorded the largest price increase at 32.0% [2] - Other mid-range brands also showed strong performance, with All Seasons increasing by 21.3%, Atour by 18.3%, and Lavande by 15.8% [2] - Orange Crystal exhibited a more moderate increase of 6.2%, indicating its closer positioning to the high-end market [2]

Market Overview - The hotel and catering sector experienced a decline of 1.19% on September 26, with Junting Hotel leading the drop [1] - The Shanghai Composite Index closed at 3828.11, down 0.65%, while the Shenzhen Component Index closed at 13209.0, down 1.76% [1] Individual Stock Performance - ST Yunwang (002306) closed at 1.80, up 0.56% with a trading volume of 139,900 shares and a turnover of 25.04 million yuan [1] - Huazhen Hotel (000428) closed at 3.31, down 0.60% with a trading volume of 313,900 shares and a turnover of 104 million yuan [1] - Shoulv Hotel (600258) closed at 14.79, down 0.60% with a trading volume of 148,600 shares and a turnover of 220 million yuan [1] - Jinling Hotel (601007) closed at 7.38, down 0.67% with a trading volume of 63,600 shares and a turnover of 47.06 million yuan [1] - Jinjiang Hotel (600754) closed at 23.23, down 1.15% with a trading volume of 95,100 shares and a turnover of 222 million yuan [1] - Quanjude (002186) closed at 11.45, down 1.21% with a trading volume of 53,600 shares and a turnover of 61.68 million yuan [1] - Tongqinglou (605108) closed at 19.61, down 2.24% with a trading volume of 31,800 shares and a turnover of 62.63 million yuan [1] - Xianyinshi (000721) closed at 8.97, down 2.39% with a trading volume of 239,900 shares and a turnover of 217 million yuan [1] - Junting Hotel (301073) closed at 23.08, down 2.53% with a trading volume of 64,700 shares and a turnover of 152 million yuan [1] Capital Flow Analysis - The hotel and catering sector saw a net outflow of 109 million yuan from main funds, while retail investors had a net inflow of 126 million yuan [1] - The following stocks experienced significant net outflows from main funds: - ST Yunwang: -1.04 million yuan [2] - Tongqinglou: -2.29 million yuan [2] - Jinling Hotel: -2.33 million yuan [2] - Quanjude: -4.65 million yuan [2] - Huazhen Hotel: -7.27 million yuan [2] - Jinjiang Hotel: -15.70 million yuan [2] - Junting Hotel: -18.53 million yuan [2] - Shoulv Hotel: -24.43 million yuan [2] - Xianyinshi: -32.72 million yuan [2]

Core Points - The company has provided a guarantee of €55 million for its wholly-owned subsidiary, Shanghai Jin Jiang Holdings (Hong Kong) Co., Ltd. [2][3] - The guarantee is part of a comprehensive credit facility agreement with China Minsheng Bank for restructuring existing Euro-denominated bank loans and supporting the daily operations of Group du Louvre [6] Summary by Sections Guarantee Overview - On September 25, 2025, the company signed a "Maximum Guarantee Contract" with China Minsheng Bank for a credit facility of €55 million for Jin Jiang Hong Kong [3] - The board of directors and the annual shareholders' meeting approved the guarantee, allowing management to operate within a limit of €150 million for related borrowings [3][6] Basic Information of the Guaranteed Entity - Jin Jiang Hong Kong has a registered capital of €350,108,782 and is fully owned by Shanghai Jin Lu Investment Management Co., Ltd. [4] - As of June 30, 2025, Jin Jiang Hong Kong reported total assets of €35,212,000 and total liabilities of €398,000, with no bank loans or related party loans [4] Main Contents of the Guarantee Contract - The guarantor is Jin Jiang Hotel, and the creditor is Minsheng Bank [5] - The guarantee amount is €55 million, with a term of one year, covering principal, interest, penalties, and costs related to enforcing the guarantee [6] Necessity and Reasonableness of the Guarantee - The guarantee is deemed necessary for restructuring existing loans and supporting the daily operations of Group du Louvre, with risks considered manageable and not detrimental to the company's operations [6] Board of Directors' Opinion - The authorized guarantee amount aligns with the company's operational needs, and the risks associated with the guarantee are controllable, ensuring no adverse impact on normal operations [6] Total External Guarantees - As of the announcement date, the company and its wholly-owned subsidiaries have total external guarantees amounting to approximately RMB 963.72 million, with no overdue guarantees reported [6]

（记者 曾健辉） 每经AI快讯，锦江酒店9月25日晚间发布公告称，截至本公告披露日，公司及下属全资子公司实际发生 的对外担保总额为人民币约96.37亿元（其中欧元担保约为10.72亿元，折合人民币约为89.67亿元；人民 币担保为6.7亿元），占公司最近一期经审计的归母净资产的62.54%，不存在逾期担保。 每经头条（nbdtoutiao）——"9·24"一周年，A股总市值破116万亿元！四大变革重塑中国资本市场新生 态 每日经济新闻 免责声明：本文内容与数据仅供参考，不构成投资建议，使用前请核实。据此操作，风险自担。 ...

证券代码：600754/900934 证券简称：锦江酒店/锦江B股 公告编号：2025-053 上海锦江国际酒店股份有限公司 关于为全资子公司锦江香港提供担保的公告 本公司董事会及全体董事保证本公告内容不存在任何虚假记载、误导性陈述 或者重大遗漏，并对其内容的真实性、准确性和完整性承担法律责任。 重要内容提示： 被担保人名称：上海锦江股份（香港）有限公司（以下简称"锦江香港"） 一、担保情况概述 于 2025 年 9 月 25 日，上海锦江国际酒店股份有限公司（以下简称"锦江酒 店"、"本公司"或"公司"）与中国民生银行股份有限公司上海自贸试验区分 行（以下简称"民生银行"）就锦江香港申请 5,500 万欧元综合授信合同签署《最 高额保证合同》。 上述担保事项已经公司第十届董事会第三十八次会议、2024年年度股东会审 议通过。股东会批准并授权公司经营管理层在不超过150,000万欧元的额度范围内 操作锦江香港、Sailing Investment Co, S.à r.l.（卢森堡海路投资有限公司， 以下简称"海路投资"）及 Group du Louvre（卢浮集团，以下简称"GDL"）借 款或透支的担保的具体 ...

证券代码：600754/900934 证券简称：锦江酒店/锦江B股 公告编号：2025-052 上海锦江国际酒店股份有限公司 注册资本：652,037,000欧元 注册地址：Tour Voltaire 1 Place des Degrés 92800 Puteaux 经营范围：经营酒店及餐饮 关于为全资子公司GDL提供担保的公告 本公司董事会及全体董事保证本公告内容不存在任何虚假记载、误导性陈述或者重大遗漏，并对其内容 的真实性、准确性和完整性承担法律责任。 重要内容提示： 一、担保情况概述 于2025年9月23日，上海锦江国际酒店股份有限公司（以下简称"锦江酒店"、"本公司"或"公司"）与中 国工商银行股份有限公司上海市外滩支行（以下简称"工商银行"）就GDL申请7,350万欧元（系借新还 旧）流动资金借款合同签署《保证合同》。 上述担保事项已经公司第十届董事会第三十八次会议、2024年年度股东会审议通过。股东会批准并授权 公司经营管理层在不超过150,000万欧元的额度范围内操作上海锦江股份（香港）有限公司（以下简 称"锦江香港"）、Sailing Investment Co, S.à r.l.（卢森堡海 ...