Core Viewpoint - The Guangzhou Kaixuan Huameida Hotel has officially opened its "Sky Rose Garden" on August 29, coinciding with the Qixi Festival, aiming to create a romantic and immersive experience for guests [2][3][6]. Group 1: Hotel Overview - The Kaixuan Huameida Hotel was established in 1991 and was rated a four-star foreign-related hotel by the National Tourism Administration in 1994 [7]. - Located in the Zhujiang New Town business district, the hotel offers convenient transportation and beautiful surroundings, with views of the Guangzhou landmark "Little Waist" [8]. - The hotel caters to mid-to-high-end consumers, featuring over 370 well-equipped rooms and various multifunctional conference halls for large meetings and training sessions [9][10]. Group 2: Sky Rose Garden Features - The newly opened Sky Rose Garden on the fourth floor covers an area of 500 square meters, providing a venue for weddings, team-building activities, private dining, and entertainment events [11][16][18]. - The garden offers panoramic views of the "Little Waist," Zhujiang River, and Zhujiang New Town, positioning itself as a new attraction in Guangzhou [12][19]. Group 3: Collaboration with Guangdong Sanbao - Guangdong Sanbao, a series of products representing traditional culture, made its debut at the Sky Rose Garden opening, allowing guests to experience and learn about local specialties like Xinhui Chenpi, Chunsanren, and Huazhou Juhong [21][24][39]. - The collaboration aims to promote Guangdong's rich cultural heritage and enhance the hotel’s offerings, attracting more young visitors [33][41]. Group 4: Upcoming Promotions - As the Mid-Autumn Festival approaches, the hotel is promoting mooncake gift boxes and sets, focusing on low-oil, low-fat, and low-sugar health flavors [28][32]. - The Guangdong Sanbao classic gift box will be paired with the hotel’s mooncake offerings, available for purchase across various hotel channels [29][30].

7月末向公众提供住宿服务的酒店业场所共147间，同比增加3间，可提供客房数目增加1.0%至4.5万间。 7月客房平均入住率同比上升1.9个百分点至91.0%，其中五星级(94.2%)及四星级(86.4%)酒店的入住率分 别增加2.3和及2.6个百分点，三星级酒店的入住率(86.3%)则下跌0.2个百分点。 今年首七个月酒店业场所的客房平均入住率同比上升4.7个百分点至89.4%。住客同比减少0.3%至848.6 万人次，平均留宿时间则维持在1.7晚。另一方面，首七个月的随团入境旅客总数同比下降4.5%至111.2 万人次，国际团客则增加12.6%至13.2万人次。 7月酒店业场所住客同比上升4.0%至128.3万人次；中国内地住客(95.8万人次)上升3.9%，国际住客(8.2万 人次)增加7.3%，当中韩国(2.5万人次)、泰国(0.6万人次)、美国(0.5万人次)及印尼(0.4万人次)住客分别 增加5.5%、41.7%、16.1%及3.4%，而日本(0.6万人次)、印度(0.4万人次)及马来西亚(0.4万人次)住客则 分别减少3.1%、7.9%及2.9%。7月住客平均留宿时间维持在1.6晚。 今年7月的随 ...

智通财经APP获悉，8月29日，中国证监会公布《境外发行上市备案补充材料要求(2025年8月22日— 2025年8月28日)》。中国证监会对锦江酒店等10家企业出具补充材料要求。其中，证监会要求锦江酒店 说明公司及境内子公司取得烟草零售许可相关情况等事项。据悉，锦江酒店(600754.SH)已于2025年6月 29日向港交所主板提交上市申请，东方证券国际为独家保荐人。 证监会请锦江酒店补充说明以下事项，请律师核查并出具明确的法律意见： 一、进一步说明公司的子公司是否存在《境内企业境外发行证券和上市管理试行办法》第八条规定的不 得境外发行上市的情形。 二、请对照《监管规则适用指引——境外发行上市类第2号》有关规定，说明公司股本中国有股份相关 情况。 据招股书披露，截至2024年12月31日，锦江酒店已经开业的酒店家数达到13,416家，客房间数1,290,988 间。根据弗若斯特沙利文，按已经开业的酒店家数计算，公司是中国及全球最大的酒店集团；截至同 日，按已经开业的客房间数计算，亦是中国最大、全球第二大的酒店集团。 三、公司及下属公司开发、运营的网站、APP、小程序、公众号等产品情况，收集和存储用户信息规 模 ...

Core Viewpoint - The China Securities Regulatory Commission (CSRC) has requested additional documentation from Jin Jiang Hotels (600754) and nine other companies regarding their overseas listing applications, particularly focusing on the company's tobacco retail license and data protection measures [1][2]. Group 1: Regulatory Requirements - CSRC has asked Jin Jiang Hotels to clarify whether its subsidiaries fall under the prohibitions outlined in Article 8 of the "Interim Measures for the Administration of Overseas Issuance and Listing of Securities by Domestic Enterprises" [2]. - The company is required to provide information on its shareholding structure in accordance with the "Guidance on Regulatory Rules for Overseas Issuance and Listing - No. 2" [2]. - Jin Jiang Hotels must detail the development and operation of its digital platforms, including user data collection and storage practices, and measures for personal information protection [2]. Group 2: Business Operations and Growth - As of December 31, 2024, Jin Jiang Hotels has opened 13,416 hotels with a total of 1,290,988 guest rooms, making it the largest hotel group in China and the second largest globally based on room count [3]. - The company operates hotels through two business models: owned and leased hotels, and franchised and managed hotels, effectively expanding its network through a light asset model [3]. - The number of franchised and managed hotel rooms increased from 1,025,618 on December 31, 2022, to 1,214,788 by December 31, 2024, representing a compound annual growth rate of 8.8% [3].

本报讯 （记者李乔宇）8月28日晚间，北京首旅酒店（集团）股份有限公司（以下简称"首旅酒店"）公 布2025年半年度报告。2025年上半年，首旅酒店实现营业收入36.61亿元，同比下降1.93%；其中公司酒 店业务营业收入33.65亿元，景区运营业务营业收入2.96亿元。 同期，首旅酒店实现利润总额为5.49亿元，其中公司酒店业务利润总额为3.95亿元；景区运营业务利润 总额为1.53亿元。首旅酒店实现归属于上市公司股东的净利润3.97亿元，同比增长11.08%。 上半年，首旅酒店不含轻管理酒店的全部酒店RevPAR（每间可售房收入）为153元，同比下降4.3%， 其中，第一季度RevPAR为141元，同比下降4.6%；第二季度RevPAR为165元，同比下降4.1%。 公告显示，首旅酒店秉承"发展为先、产品为王、会员为本、经营至上"等核心战略，对内实施了一系列 强化精细化管理的举措，重视数字化能力建设，致力于管理效率的持续提升与优化；对外继续加快市场 拓展步伐，保持高度的市场洞察能力，灵活调整经营策略以精准对接市场变化。 首旅酒店坚持酒店规模化扩张战略，稳步推进全年开店计划，标准管理酒店开店保持较高增速。 ...

Financial Performance - In the first half of 2025, the company's operating revenue was approximately 3.661 billion yuan, a year-on-year decrease of 1.93% [2] - The net profit attributable to the parent company was approximately 397 million yuan, a year-on-year increase of 11.08% [2] - The net profit attributable to the parent company after deducting non-recurring gains and losses was approximately 336 million yuan, a year-on-year increase of 3.81% [2] Market Trends - The domestic economy showed steady improvement, with a gradual recovery in business travel demand and sustained strong leisure travel demand [2] - During the "May Day" holiday, the tourism consumption market was vibrant, leading to better hotel industry performance compared to the same period last year [2] RevPAR and Hotel Performance - The RevPAR for all hotels under the company, excluding light management hotels, was 153 yuan, a year-on-year decrease of 4.3% [2] - In the second quarter, the RevPAR for all hotels was 143 yuan, a year-on-year decrease of 5.7% [3] - The average room rate in the second quarter was 225 yuan, a year-on-year decrease of 2.8% [3] - The occupancy rate was 63.9%, a year-on-year decrease of 2 percentage points [3] Expansion and Development - In the first half of 2025, the company opened 364 new hotels, including 5 direct-operated and 359 franchised hotels [3] - The number of newly opened mid-to-high-end hotels was 189, a year-on-year increase of 11.8% [3] - As of the end of the reporting period, the total number of hotels was 7,268, with 2,132 mid-to-high-end hotels accounting for 29.3% of the total [4] - The number of signed but not yet opened and in-signing hotels was 1,750 [4]

格隆汇8月28日丨首旅酒店(600258.SH)发布2025半年度报告，公司上半年实现营业收入36.61亿元，同比 下滑1.93%；归母净利润3.97亿元，同比增长11.08%；扣非归母净利润3.36亿元，同比增长3.81%。 ...

首旅酒店公告，2025年上半年营业收入为36.61亿元，同比下降1.93%；净利润为3.97亿元，同比增长 11.08%。公司将继续推进"发展为先、产品为王、会员为本、经营至上"等核心战略，紧抓暑期旺季，以 优质服务体验、更突出的数字化效率，提质增效，促进经营业绩提升。 ...

Group 1 - The core viewpoint of the articles highlights that Japan is implementing or planning to implement an "accommodation tax" in response to the surge in foreign tourists, which is putting pressure on local infrastructure [1][2][3] - Currently, 42 local governments in Japan have started or are planning to impose this accommodation tax, with over 90 local governments seriously considering it [2] - The tax rates are set at approximately 200 yen (about 10 RMB) per person per night for many areas, while some high-end accommodations may charge up to 1000 yen (about 49 RMB) or more per person per night [3] Group 2 - The increase in accommodation costs due to the new tax is leading some potential tourists, like a family from Guangzhou, to reconsider their travel plans to Japan in favor of domestic travel [3] - The Japanese government has already taken various measures to address issues related to overtourism, including considering the cancellation of tax-free shopping for foreign tourists and increasing departure taxes [3][16] - The rise in the yen's exchange rate has made purchasing luxury goods like LV less advantageous for tourists compared to previous years, with a 9% increase in the yen against the dollar since early 2025 [5][6] Group 3 - Japan's core Consumer Price Index (CPI) excluding fresh food rose by 3.1% year-on-year in July, marking an increase for eight consecutive months, with significant price hikes in food and accommodation [7] - Specific examples of price increases include a 30 yen rise in the price of a common rice product and a 400 yen increase for canned coffee, indicating a broader trend of rising living costs in Japan [8][9] - Despite the rising costs, the number of foreign tourists visiting Japan continues to grow, with 2024 projected to see 36.86 million visitors, a record high [11][13] Group 4 - The Japanese government is considering increasing the "International Tourist Tax" from 1000 yen (about 48.5 RMB) to between 3000 and 5000 yen (about 145.6 RMB to 242.7 RMB) per person [19] - A proposal suggests that increasing the departure tax could raise government revenue from 49 billion yen to approximately 250 billion yen (about 121.4 million RMB) [20] - While these measures aim to alleviate overtourism issues, there are concerns among local businesses that such policies could negatively impact Japan's tourism and retail sectors [20]

Core Viewpoint - Jinjiang Hotels reported a decline in revenue and net profit for the first half of 2025, attributing the downturn to weakened market demand and strategic exits from certain hotel properties [1][3]. Financial Performance - The company achieved operating revenue of 6.53 billion yuan, a year-on-year decrease of 5.3% [1] - Net profit attributable to shareholders was 371 million yuan, down 56.3% year-on-year [1] - Excluding non-recurring items, net profit was 409 million yuan, an increase of 5.2% [1] - Operating cash flow net amount was 1.331 billion yuan, a decline of 35.1% year-on-year [1] - In Q2, operating revenue was 3.58 billion yuan, down 2.7% year-on-year, and net profit was 335 million yuan, down 49.1% [1] Hotel Business Performance - The hotel business generated approximately 6.423 billion yuan in revenue, a decrease of 5.14% year-on-year [3] - Net profit from the hotel business was about 240 million yuan, down 66.16% [3] - Domestic hotel revenue was approximately 4.575 billion yuan, down 4.25%, while overseas revenue was about 1.848 billion yuan, down 7.27% [3] - RevPAR for full-service hotels was 215.67 yuan, down 10.23%, and for limited-service hotels was 145.99 yuan, down 5.1% [3] Expansion and Strategic Partnerships - Jinjiang Hotels announced a strategic partnership with Malaysia's RIYAZ Group to expand over 180 hotel projects in Southeast Asia over the next five years [2][5] - The company aims to enhance hotel operational efficiency and management efficiency while expanding into lower-tier markets [1] - As of June 30, 2025, Jinjiang Hotels had a total of 13,796 operating hotels and 1,332,853 guest rooms [4] Southeast Asia Market Strategy - The company is focusing on penetrating high-growth markets in Southeast Asia, including Malaysia, Indonesia, Vietnam, Laos, Cambodia, and the Philippines [5][6] - Jinjiang Hotels plans to establish a self-circulating management mechanism in Southeast Asia, combining local and Chinese teams to enhance operational capabilities [6]