MEDIA CENTER
JAN19

2015

Great China International Group and Starwood Hotels & Resorts International Group signed the ceremony

Source:Great China


On January 20, 2015 at 14:00, one of the important owners of Shenzhen CBD landmarks, with Hong Kong listed companies and many well-known projects of the Great China International Group, and the world's largest hotel and entertainment group, one of the Starwood Hotels & Resorts International Group, held in the heart of Shenzhen - the Great China Sheraton Hotel, sixth floor, held a "Great  China The One Mansion Project" and "Renhuai Great  China Liquor Center project" signing ceremony, the total cooperation in hotel construction area of 80,000 square meters, the amount is expected to reach billions of order of magnitude, to the current cold season is cold in the Chinese real estate market, blowing hot air into the market.

As the two parties signing the contracts are called real estate and hotels in the field of star enterprises, so the market and industry consensus on the large-scale cooperation between the two sides maintain close attention and keen interest. Based on the successful cooperation between the two parties, such as "Sheraton Shenzhen," the market agreed that the effective communication and interaction mechanism between the two parties is not a problem. The main question is that under the current form of real estate, whether the non-first-tier cities are still capable of support the large scale real estate market is of concern.

In this regard, the project development  investment that are scattered throughout Hong Kong, Beijing, Shanghai, Guangzhou, Shenzhen and other central cities of the Great China International Group believes that although the Chinese real estate market has cooled down, many real estate counterparts to stabilize, shrink to the front line in the city, But this does not mean that China's other cities and regions are not worth the investment, and even sometimes only in the winter to open the most beautiful snow lotus; some not the same unique vision and action, but also be able to draw a spring. Great China International Group, said the rapid development and great potential, the enormous impact of the Shanwei economic circle, and Guizhou Renhuai unique wine culture and history, in the future there is a lot of room for growth and development. The reason why Great China International Group, choose to invest in Shanwei and Renhuai, is to give priority to grasp the future direction, and for the local urban development, economic prosperity and make its contribution. After all, a developed China, cannot just rely on “Beijing” and “Shanghai” to compete with “London” and “New York,” but it should also rely on the developed China and other distinctive areas.

The Starwood Group, which owns brands such as Sheraton, St. Regis, Westin, and other leading hotel brands. For the partnership with Great China Group, apart from being by real interaction between the two sides, Starwood Group is also an important step in this large market layout in mainland China, Starwood Group is full of confidence about this cooperation.


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