InterContinental Hotels Group (IHG) announced the recent signings of Crowne Plaza Shanghai Snow World and Shanghai Snow World Hotel, Vignette Collection – the first Vignette Collection hotel in Greater China. The hotels are part of the Shanghai Yaoxue Snow World Complex, a integrated sports-entertainment-tourism resort with the world's biggest alpine-themed indoor ski park, which is expected to become a major tourist destination in Shanghai after opening.
Relying on its local market insight, global scale, and strong owner relationships, IHG grew steadily with remarkable achievements amid the challenges and opportunities of 2022. Despite the pandemic’s resurgence across the country, IHG has remained committed to a long-term "in China for China" strategy and reached the milestone of its 600th hotel opening in Greater China, up from 500 in just one and a half years. Now, IHG has built a strong domestic business with 618 hotels and another 474 in the pipeline with a total footprint of over 1,000 hotels, reaching more than 200 cities. With the recent optimization of pandemic control measures and macro policy support, IHG is delighted to embrace a monumental time of economic revitalisation and recovery in China’s travel industry. Looking ahead to 2023, IHG will continue in its commitment to the China market by actively responding to national development strategies and capturing consumer demands for "bleisure" travel (combing business and leisure travel), sticking to our purpose of True Hospitality for Good.
Jolyon Bulley, Chief Executive Officer, IHG Greater China, said, "As IHG’s second home market, Greater China is positioned as a significant growth engine for our group's development. This year marks the 48th anniversary of IHG in Greater China and 39th in the Chinese mainland. Despite all the great hardships of recent years, we are delighted to witness a monumental time of nationwide reopening and loosening of travel restrictions, boosting our confidence in the sustainable and high-quality development of the Chinese economy. Looking forward, IHG will continue to invest in expanding our network here and promoting cooperation across the industry, forging ahead on a new journey with the local market."
Daniel Aylmer, Managing Director, IHG Greater China, remarked: "We see lots of opportunities to tap pent-up travel demand in the post-pandemic era, especially with the increasing number of high-net-worth consumers and rapid growth in domestic tourism. The demand for personalised and high-quality travel experiences should not be underestimated and drives our confidence in the huge potential in China's luxury hotel market. Closely following China’s national development strategies and regional policies, IHG is committed to meeting evolving consumer requirements through an enriched brand matrix. As the brand’s first opening in the market, the Shanghai Snow World Hotel, Vignette Collection will lay a solid foundation for IHG's luxury expansion in China. Guided by our purpose ‘True Hospitality for Good’, we are ensuring more travellers in Lin-gang have access to the unique lifestyle experiences they desire.”
Kent Sun, Chief Development Officer, IHG Greater China, said: "As one of the first international hotel groups to enter China, we’ve always closely followed local market trends to meet the diversified needs of both owners and consumers. Driven by the Beijing 2022 Winter Olympics, China has become the fastest-growing market for winter sports tourism. For consumers, the project owns the world's largest indoor ski resort, enriching the demand for tourism and accommodation in the area. We are delighted to introduce two of our proud hotel brands to the Shanghai Yaoxue Snow World Complex as we work with other parties to advance the tourism market in-depth in Shanghai and China."
The two signed hotels are located in the downtown commercial centre of Lin-gang New Town. Scheduled to open in H1 2024, the two hotels are positioned as a luxury & boutique and premium resort hotel respectively in the project area. There are over 270 rooms in 7 variations in Shanghai Snow World Hotel, Vignette Collection, and 375 rooms in 7 variations in the Crowne Plaza Shanghai Snow World. The trends of China’s “dual circulation” and cultural tourism are expected to promote travel and bring more opportunities to the Chinese tourism industry. IHG is positioned to seize these opportunities as it stays true to its vision and cooperates with owners to create more diversified travel experiences for consumers, advancing together with China's hospitality industry.