Traditional Culture Encyclopedia - Hotel accommodation - Is the owner company of Shangri-La Hotel Changzhou a state-owned enterprise?
Is the owner company of Shangri-La Hotel Changzhou a state-owned enterprise?
No, according to the inquiry of Shangri-La Hotel official website, the actual holding company of Shangri-La Hotel Changzhou is Shangri-La (Asia) Co., Ltd., which belongs to the Kuo Group in Malaysia and is the largest luxury hotel chain in Asia, not a state-owned enterprise. Shangri-La started to operate the first Shangri-La Hotel in Hangzhou on 1984, and it was also the only international hotel management group that adopted this method at that time. Wherever Shangri-La went, it became a local landmark hotel and successfully built Shangri-La's brand in the Mainland.
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