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flag Ascott China and Jin Jiang Hotels form 50:50 JV to expand apartment hotel brands in China.

flag Ascott China and Jin Jiang Hotels have formed a 50:50 joint venture to expand their apartment hotel brands, Quest and TULIP LODJ, in China. flag This partnership aims to address the rising demand for upscale and upper midscale apartment hotels using a franchise model. flag Leveraging Jin Jiang's infrastructure and Ascott's experience, the JV will enhance property distribution and loyalty programs, marking a significant step in Ascott's growth strategy in the region.

6 months ago
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