Shanghai Jin Jiang International Hotels Development Co Ltd AInterim profit up 47% and revenue growth, indicating strong financial performance.
Jin Jiang Hotels released its 2026 interim report. In the first half, operating revenue reached 6.801 billion yuan, up 4.21% year on year, while net profit attributable to the parent came to 545 million yuan, up 47.05% year on year, with profit growth far outpacing revenue. Revenue per available room at directly operated hotels rose 10.7% year on year, and occupancy increased by 7.2 percentage points, reflecting steadily improving operating quality. The company had 14,404 hotels in operation and 18,417 signed hotels. In overseas operations, revenue per available room at directly operated hotels in Europe grew 7.26% year on year, while the company pushed ahead with renovating older hotels and outsourcing management. On 1 July 2026, the 7 Days Hotel at Merdeka Square in Kuala Lumpur officially opened, marking the entry of a national brand into the physical expansion phase overseas, with 15 projects already signed in Southeast Asia. In inbound tourism, overseas guest room nights at domestic limited-service hotels rose about 21% year on year. Jin Jiang Hotels is shifting from capital-driven acquisitions to exporting operational capability and brand value, and its global strategy has entered a harvest period.
Shanghai Jin Jiang International Hotels Development Co Ltd AInterim profit up 47% and revenue growth, indicating strong financial performance.
Shanghai Jin Jiang International Hotels Development Co Ltd BInterim profit up 47% and revenue growth, indicating strong financial performance.