首单酒店文旅持有型不动产ABS项目获受理

Core Viewpoint - The Dato-AVIC-Yiyun Four Seasons Hotel tourism holding real estate ABS project has been officially accepted for application, marking a significant development in the hotel real estate ABS market in China [1] Group 1: Project Overview - The project has an issuance scale of 465 million yuan [1] - It is the first hotel holding real estate ABS project in the market and the second tourism-related holding real estate ABS project in the market [1] - The underlying assets include the Wyndham Hotel and Yiyun Four Seasons Hot Spring located in Huizhou, which is Wyndham's first hot spring hotel in China [1] Group 2: Market Context - The project is positioned in a key development area in Guangdong Province, which is part of the "Hundred Counties, Thousand Towns, and Ten Thousand Villages High-Quality Development Project" [1] - The project is recognized as a benchmark for high-quality development in the region [1] Group 3: Future Implications - By the end of 2025, the hotel assets will be officially included in the REITs category, opening doors for both public infrastructure REITs and commercial real estate REITs [1] - This project signifies the formal entry of domestic hotel assets into a dual-track system of public REITs and inter-institutional REITs [1]