modus PR Weekly: Le Méridien Qingdao Starts Auction at RMB 435 Million; Argyle Hotel Group Signs Project in Solomon Islands Capital

01Beijing Tongzhou Wanda Jin Hua Hotel to Open Soon, Empowering a New Landmark of Cultural, Commercial, and Tourism Integration in Beijing’s Sub-center

With the continued advancement of the “Station-City Integration” strategy in Beijing’s sub-center, the Wansheng West Transport Hub—a new engine for regional cultural, commercial, and tourism development—has entered its final operational preparation phase. Located at the core of the hub, the Beijing Tongzhou Wanda Jin Hua Hotel is also about to officially open its doors. With premium service experiences and multi-functional facilities, the hotel will deeply integrate into the “transportation + commerce + culture and tourism” ecosystem of the sub-center’s cultural and tourism zone, providing a new high-quality accommodation choice for business travel, family vacations, and Universal Studios visitors.

The Beijing Tongzhou Wanda Jin Hua Hotel is an important component of the “Station-City Integration” complex at the Wansheng West Transport Hub. This project represents a dynamic realization of Beijing’s urban renewal initiatives and the creation of a TOD (Transit-Oriented Development) demonstration benchmark. The hotel is seamlessly connected to Wansheng West Station on Metro Line 7; a 5-stop subway ride takes approximately 15 minutes directly to the Universal Beijing Resort. Simultaneously, it efficiently connects to the central urban area, Yizhuang New Town, and the broader Beijing-Tianjin-Hebei region via main arteries such as the Tongma Road expressway.

Under the grand blueprint of the coordinated development of the Beijing-Tianjin-Hebei region, the hotel leverages its strategic location—”facing the central city, connecting new towns, serving the sub-center, and radiating across the Beijing-Tianjin-Hebei area.” It not only provides citizens with a more convenient and comfortable cross-city accommodation option but also accurately captures the spillover tourist flow from the cultural and tourism zone, injecting new momentum into the upgrading of regional high-end service capabilities and supporting the construction of the Beijing-Tianjin-Hebei world-class city cluster.

02Wuxi Huishan New Town Yanqiao Station TOD Hilton Hotel Cluster Project Officially Breaks Ground

On March 23, the foundation laying and construction of the Wuxi Huishan New Town Yanqiao Station TOD Hilton Hotel Cluster project officially commenced. The project, which was signed and secured in May 2025, boasts a total construction area of over 137,000 square meters and plans for approximately 642 guest rooms.

The project is adjacent to Yanqiao Station on Wuxi Rail Transit Line 1 and Line S1, achieving seamless transit connectivity. Within the cluster, the Tapestry Collection by Hilton is scheduled to open by the end of 2027, the Hilton Garden Inn is expected to be operational by the end of 2028, and the flagship Hilton Hotel will be unveiled in the first half of 2029. Upon completion, the project will bridge the gap in international high-end hotels in Huishan and help elevate the urban capacity of northern Wuxi.

03Four Points by Sheraton Expands Greater Bay Area Footprint with the Grand Opening of Four Points by Sheraton Shenzhen Airport

Shenzhen, March 23, 2026 — Four Points by Sheraton, one of the more than 30 extraordinary brands under Marriott Bonvoy, recently announced the official opening of the Four Points by Sheraton Shenzhen Airport.

Situated in the core of the Shenzhen Greater Airport Area, the hotel is directly connected to Shenzhen Huaide MixC and is in close proximity to Shenzhen Bao’an International Airport. It offers easy access to business and leisure landmarks such as the Shenzhen World Exhibition & Convention Center and Nantou Ancient City. Continuing the brand’s classic modern aesthetic, the hotel features 206 rooms and suites, equipped with modern facilities including The Mesh (restaurant and bar), a 24-hour fitness center, meeting and event spaces, and a self-service laundry room. It provides a relaxed, comfortable, and modern accommodation choice for efficient business travelers, urban explorers, and guests traveling throughout the Greater Bay Area.

Following its opening, the hotel will leverage its prime geographical location and sincere, friendly service to serve as an ideal staging post for guests exploring Shenzhen and touring the Greater Bay Area, helping them embark on an exciting journey.

04Xiamen Fliport Lanyue Hotel Celebrates Grand Opening, Starting a New Chapter for Sojourns in Xiamen

On March 20, the Xiamen Fliport Lanyue Hotel, invested and operated by Fliport Hotels & Resorts under the Xiamen Iport Group, celebrated its grand opening. Towering 169 meters into the clouds, the hotel integrates Neo-Chinese elegance, tea appreciation culture, smart technology, and local Minnan cultural heritage. It invites guests from all over to experience a new lifestyle of refined wisdom, accompanied by lakes and mountains right in the city center.

Headquartered in Xiamen, China, Fliport Hotels & Resorts was established in 2009. It is a wholly-owned hospitality enterprise under the Xiamen Iport Group, specializing in the self-construction, operation, brand development, and management output of mid-to-high-end hotels. It currently operates diverse brands including Fliport Hotels, Fliport Resorts, Fliport Kunshu, Fliport Garden, and Fliport Jingshang.

To date, the hotel projects invested, constructed, and managed by the group are distributed across Chinese provincial-level administrative regions such as Shanghai, Jiangsu, Anhui, Hubei, Tibet, Inner Mongolia, and Fujian. Upholding the core brand value of “Urban Oasis, The Highest Excellence is like Water,” Fliport Hotels & Resorts is dedicated to creating stay experiences rich in regional humanistic characteristics. By providing warm, considerate, meticulous, and seamless service, guests can fully enjoy a relaxing and revitalizing Fliport journey.

05Shangri-La Discloses 2025 Final Results: Consolidated Revenue Increases Slightly, Profit Declines

On March 26, Shangri-La (Asia) Limited (00069.HK) announced its final results for the year 2025. Data indicates that consolidated revenue for 2025 was approximately US$2.23 billion, a year-on-year increase of 2.2%; the consolidated profit attributable to owners of the Company was approximately US$123 million, a year-on-year decrease of 30.4%.

Regarding revenue composition, room revenue was approximately US$1.108 billion, up 3.6% year-on-year; food and beverage sales were approximately US$767 million, down 0.2% year-on-year; total revenue from hotel management and related services was approximately US$259 million, up 0.2% year-on-year; and investment property revenue was approximately US$140 million, up 10.9% year-on-year. The consolidated revenue of the hotel property business was approximately US$1.974 billion, up 1.5% year-on-year. Of this, mainland China contributed approximately US$628 million (down 4.2% year-on-year), while the Japan region saw the highest growth rate at 17%, generating US$60 million. The combined revenue for mainland China and Hong Kong was approximately US$966 million. Meanwhile, revenue from properties for sale saw a massive surge of 304.3% year-on-year to US$9.3 million, primarily driven by sales in Colombo, Sri Lanka, and Dalian, China.

In terms of accommodation metrics, the weighted average occupancy rate of its hotels at the end of the period was 65%, an increase of 2 percentage points year-on-year; RevPAR was US$111, up 2.8% year-on-year; and ADR was US$172, up 1.18% year-on-year.

As of the close of the Hong Kong stock market on March 26, Shangri-La’s stock price stood at HK$4.7 per share, down 0.21%.

06Le Méridien Qingdao to Face Judicial Auction, Starting Price at RMB 435 Million

Recently, the JD Asset Trading Platform issued a judicial auction announcement stating that Le Méridien Qingdao is scheduled for its first auction on April 13. The starting price is set at RMB 345 million*, representing a steep 30% drop from its appraised value, translating to a unit price of approximately RMB 6,700 per square meter of construction area. Although the hotel currently maintains normal operations, the driving force behind this judicial auction is a dispute over notarized debt documents involving the Guangzhou Branch of China Merchants Bank and related parties, including Guangzhou Zhaoxi Investment Co., Ltd. and Guangzhou R&F Properties Co., Ltd.

This auction entails multiple complex risks, including delivery without vacant possession, potential hidden fees to be borne by the buyer, intricate debt and liability relationships, and issues surrounding brand authorization expiration. The hotel opened in 2009, and in 2017, R&F Properties took it over from Wanda and rebranded it. In recent years, bogged down by a severe liquidity crisis, R&F Properties has continuously sold off assets to alleviate financial pressures.

(Translator’s Note: The headline of the source text lists the starting price as RMB 435 million, while the body text states RMB 345 million. The translation preserves the figures exactly as they appear in the original text.)

07The Ritz-Carlton, Wuhan Opens on March 28, 2026, Debuting as the First Ritz-Carlton Hotel in Central China

The Ritz-Carlton Hotel Company today announced the official opening of The Ritz-Carlton, Wuhan, located in the city renowned as the “thoroughfare to nine provinces.” As a benchmark masterpiece of Yuexiu Commercial’s expansion into central and western China, the hotel sits atop the Yuexiu International Financial Center. From its 330-meter high-altitude vantage point, it offers magnificent, sweeping views of the confluence of the Yangtze and Han Rivers. The hotel seamlessly blends the Ritz-Carlton brand’s legendary service and immersive stay experiences with Wuhan’s profound cultural heritage. It creates a sky-high retreat characterized by elegant hospitality and a tranquil atmosphere above the urban clouds, sincerely inviting global guests to embark on an extraordinary journey.