About CN Jinling Hotels Houhengzhai
Jinling Hotels is managed by Jinling Holdings Ltd., and was established in December 2002. They made an impressive feat in being listed on the Shanghai Stock Exchange just 5 years after their first public opening. With this strong suit in business, Jinling Hotels gained recognition in various fields beyond the hospitality industry it was initially born into. The Jinling hotel chain is the “additional elements to our core,” according to the Jinling Holdings Ltd. itself. The significance of that phrase refers to how the corporation continues to guide the hotel chain with Hotel Investment Management, Tourism Resource Development, and Trading Hotel Goods. Due to the hard work and strict guidance over this hotel chain, it was able to contribute to the corporation’s 2.55 billion RMB and net assets of 1.33 billion in 2013.
It all began when the pattern of the corporation’s revenue between 2003 to 2012 was recorded to have increased by 165% net profits. Their net profits also skyrocketed by 810% and their net assets by 462%. This is the time when Jinling Hotels was becoming more and more well-known to both local and international customers. The corporation was even ranked 48th in the World’s 50 Largest Hotel Groups for their excellent popularity through the Jinling Hotels.
