Boris Blobel, general manager of the Wanda Reign hotel in Shanghai, tells China Daily that Wang Jianlin’s Wanda Group has assembled 50 Chinese hotels in four years, and will have 100 by the end of this year, including seven overseas. The Wanda Reign was built at a cost of Rmb3 billion ($449.1 million) and is the most expensive hotel ever built in China.
© ChinTell Ltd. All rights reserved.
Exclusively sponsored by HSBC.
The Week in China website and the weekly magazine publications are owned and maintained by ChinTell Limited, Hong Kong. Neither HSBC nor any member of the HSBC group of companies ("HSBC") endorses the contents and/or is involved in selecting, creating or editing the contents of the Week in China website or the Week in China magazine. The views expressed in these publications are solely the views of ChinTell Limited and do not necessarily reflect the views or investment ideas of HSBC. No responsibility will therefore be assumed by HSBC for the contents of these publications or for the errors or omissions therein.