Core Viewpoint - The launch of the book "The Power to Cross Cycles: My 18 Years of Entrepreneurship in China's Hotel Industry" by Cheng Xinhua, founder and CEO of Dongcheng Group, highlights the company's journey and insights into the hotel industry, emphasizing high cost-performance and long-termism as key strategies for navigating industry cycles [1][4][9]. Group 1: Book Launch and Event Highlights - The book was officially launched at the 19th China Brand Festival, attended by notable figures from cultural and business sectors, enhancing the event's significance [3]. - Cheng Xinhua's speech shared practical examples of Dongcheng's strategies for overcoming industry challenges, focusing on the company's evolution and strategic insights [4][7]. Group 2: Company Growth and Strategy - Dongcheng Group, founded in 2006, has achieved rapid growth, becoming one of the top five hotel groups in China and the top fourteen globally, recognized as a "dark horse" in the industry [4]. - The company has adopted a long-term perspective, emphasizing high cost-performance as a guiding principle for development, which resonates with current market trends [7][9]. Group 3: Industry Insights and Trends - The hotel industry is transitioning from rapid growth to stable growth, necessitating a shift in operational focus from expansion to efficiency and profitability [7]. - Cheng Xinhua's insights reflect a broader understanding of consumer trends, advocating for localized innovation and a commitment to balancing business growth with social responsibility [8]. Group 4: Brand Value and Recognition - Dongcheng Group has been recognized in the "Top Brand 2025 China Brand 500 Strong" list, achieving a brand value of 10.466 billion, indicating its strong market presence and potential for future growth [11].
东呈首发《穿越周期的力量》!中国品牌节论道“高性价比”
Nan Fang Du Shi Bao·2025-08-11 12:51