BEIJING, Nov. 29 /Xinhua-PRNewswire/ -- Super 8 Hotels (China) Co. Ltd.
announced that it has exceeded its 2006 development projection of 100
properties either open or signed by year end by 10 percent -- the second
consecutive year the company has exceeded its development goals -- due to
continued strong growth in domestic demand for branded economy lodging in
China.
Super 8 Hotels (China) has 110 properties either open or signed in 58
cities across China, of which 32 are open and operating. In addition, the
company announced it will open three properties this month, including Beijing
Fangzhuang Yi Ma Super 8 Hotel, Chuzhou Sitailou Super 8 Hotel, and Hohhot
Yiju Super 8 Hotel.
Mitchell A. Presnick, Super 8 Hotels (China) chairman and chief executive
officer, said he is “very satisfied” with his company’s development
progress in 2006 and thanked his business partners, employees, industry and
government friends and guests.
“We operate under the ideals of quality, value, and international
operations excellence,” he said. “Our mission since 1974 has been to
provide the Super 8(R) brand’s ‘Clean and Friendly’ experience to our
guests.
“As an American brand, we hope to continue learning from the domestic
economy hotel sector and to contribute positively to the stable development
of the Chinese economy hotel industry.” Super 8 Hotels (China) is licensed
by Wyndham Worldwide Corporation of Parsippany, N.J., to develop the Super 8
brand in China.
Presnick noted that his company “strongly supports the success of the
2008 Beijing Olympics.”
Fang Guofan, Super 8 Hotels (China) senior vice president, said his
company has hotels properties open or under construction “in all four
corners and eight directions of China’s vast geography.
“Based on our current pipeline of signed deals, our guests will be able
to enjoy ‘Clean and Friendly’ Super 8 hotels in China’s east, west, north
and south, from Beijing to Urumqi, Hohhot to Shenzhen, Lijiang to Shanghai,
Shenyang to Xiamen and many places in between”.
The Super 8 brand, one of 10 lodging brands franchised by Wyndham
Worldwide (NYSE: WYN), entered China in April 2004. The Super 8 brand is
operated in China under license agreement with Tian Rui Hotel Investment
Corporation, master license holder for the Super 8 brand for the Territory of
China, including Hong Kong SAR and Macao SAR.
