Wanda Hotel Development Company Ltd

Detailed Description

Wanda Hotel Development Company Limited, an investment holding company, engages in the property development, investment, leasing, and management activities in the People's Republic of China. The company operates through three segments: Hotel Operation and Management Services, Hotel Design and Construction Management Services, and Investment Properties Leasing. It develops, leases, and sells commercial and residential properties. The company also engages in the design, development, construction, operation, and management of hotels, as well as provides construction consulting services; and sells goods. As of 31 December 2020, it manages, leases, operates, and franchises 94 hotels that consists of 25,473 rooms under the Wanda Reign, Wanda Vista, Wanda Realm, Wanda Jin, Wanda Yi, Wanda Moments, and Wanda Yue brands in the People's Republic of China. The company was formerly known as Wanda Commercial Properties (Group) Co., Limited and changed its name to Wanda Hotel Development Company Limited in October 2014. The company is based in Central, Hong Kong. Wanda Hotel Development Company Limited is a subsidiary of Wanda Commercial Properties Overseas Limited.