Jinjiang International
Jinjiang International is a Shanghai-based, state-owned tourism and hospitality group operating hotel brands, hotel-management businesses, travel services, and international lodging investments.
Last updated October 9, 2026
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Overview
Jinjiang International, formally Jin Jiang International (Holdings) Co., Ltd., is a tourism and hospitality group headquartered in Shanghai and owned by the Shanghai Municipal People's Government. Its activities span hotel ownership, hotel management, lodging brands, travel services, and international hotel investments. The group is associated with several of Shanghai's historically prominent hotels, including Jinjiang Hotel, Peace Hotel, Park Hotel, and Metropole Hotel, while also operating large-scale economy and mid-market lodging networks such as Jinjiang Inn, Bestay Hotel Express, and Magnotel. The group's domestic hotel platform is centered on Shanghai Jinjiang International Hotels (Group) Company Limited, commonly referred to as Jinjiang Hotels. This business operates and manages hotels and inns in major Chinese cities and has been described as China's largest hotel group. Its portfolio includes both heritage properties and standardized branded accommodation. Jinjiang Inn is one of the group's best-known lodging networks, while Bestay Hotel Express and Magnotel broaden its reach across budget, economy, and mid-market segments. Jinjiang Travel, also known as Shanghai Jin Jiang Tours Co., Ltd., represents the group's travel-services activities. Jinjiang International expanded substantially beyond its traditional Shanghai and mainland China base during the 2010s. In January 2015, Shanghai Jinjiang International Hotels Development Co., Ltd. acquired Groupe du Louvre from Starwood Capital Group for €1.21 billion. The transaction gave Jinjiang a major European hotel platform and access to brands and operations associated with Louvre Hotels Group. In September 2015, the hotel-development subsidiary acquired an 81 percent stake in Keystone Lodging Holdings, whose businesses included Plateno Hotels Group, 7 Days Inn, and ZMAX. This transaction materially enlarged Jinjiang's Chinese lodging network and positioned the group among the world's largest hotel operators by room and property scale. In 2018, Jinjiang International led a consortium in the acquisition of Radisson Hotel Group, formerly known as Carlson Rezidor Hotel Group, from HNA Group. The deal further extended Jinjiang's international hotel presence and added a globally recognized portfolio to its investment and management platform. Jinjiang also holds a 50 percent stake in Interstate Hotels and Resorts, a hotel-management company operating 382 hotels and resorts across 10 countries in North America, Europe, and Asia, according to the referenced material. The group therefore combines several business models: direct operation of landmark hotels, management of affiliated properties, franchised or branded lodging networks, travel services, and ownership stakes in international hotel platforms. Its strategic positioning is rooted in scale, portfolio breadth, access to China's large domestic travel market, and expansion through acquisitions. Because the available reference material does not provide a current consolidated website, current executive roster, or current financial statements for the overall holding group, those fields are left unspecified here. The cited corporate structure and transaction history nevertheless establish Jinjiang International as a major Chinese hospitality group rather than a single hotel brand.
History
Jinjiang International is a Shanghai-based tourism and hospitality holding group under the ownership of the Shanghai Municipal People's Government. Its corporate identity is closely linked to Shanghai's hotel sector, where the group operates or manages several prominent properties, including Jinjiang Hotel, Peace Hotel, Park Hotel, and Metropole Hotel. Alongside these landmark hotels, the group developed a large standardized lodging business through Jinjiang Inn and related brands. The domestic hotel platform is organized around Shanghai Jinjiang International Hotels (Group) Company Limited, commonly called Jinjiang Hotels. The group has operated hundreds of hotels and inns in major Chinese cities and has been described as China's largest hotel group. Its portfolio has included Jinjiang Inns, Bestay Hotel Express, and Magnotel, giving it exposure to economy, budget, and mid-market accommodation. The wider organization also includes Jinjiang Travel, the travel-services business known as Shanghai Jin Jiang Tours Co., Ltd. Jinjiang's corporate structure includes listed affiliated companies. Shanghai Jinjiang International Hotels Development Co., Ltd. was listed on the Shanghai Stock Exchange in 1996, while Shanghai Jinjiang International Hotels (Group) Co., Ltd. was listed on the Hong Kong Stock Exchange in 2006. These listings supported the development and financing of the group's hotel businesses, although the available material does not establish that the overall Jinjiang International holding company is itself separately listed. The group pursued a major international expansion program in the 2010s. In January 2015, Jinjiang International Hotels Development acquired Groupe du Louvre from Starwood Capital Group for €1.21 billion. The acquisition provided a substantial European lodging platform and broadened Jinjiang's geographic reach beyond China. Later that year, in September 2015, the company acquired 81 percent of Keystone Lodging Holdings. Keystone's portfolio included Plateno Hotels Group, 7 Days Inn, and ZMAX, giving Jinjiang greater scale in China's branded and budget-hotel segments. Jinjiang continued its international expansion in 2018, when it led a consortium that acquired Radisson Hotel Group, previously known as Carlson Rezidor Hotel Group, from HNA Group. The transaction added a global hotel portfolio to Jinjiang's existing brands and international investments. Jinjiang also holds a 50 percent stake in Interstate Hotels and Resorts, which manages 382 hotels and resorts in 10 countries across North America, Europe, and Asia, according to the referenced encyclopedia material. Taken together, these developments transformed Jinjiang from a primarily Shanghai- and China-centered hotel group into a multinational hospitality platform. Its activities combine ownership and operation of hotels, third-party management, branded lodging, travel services, and strategic stakes in international hotel companies. The group's growth model has relied heavily on portfolio aggregation: preserving established Shanghai properties, scaling domestic hotel brands, and acquiring overseas platforms that provide geographic reach and management capabilities. The supplied sources do not provide a complete current account of its leadership, consolidated finances, present-day brand architecture, or post-2018 operating changes, so those areas remain open for further verification.
- 2018
Consortium acquisition of Radisson Hotel Group
[1]Jinjiang International led a consortium that acquired Radisson Hotel Group from HNA Group.
- 2015
Acquisition of Groupe du Louvre
[1]Jinjiang International Hotels Development acquired Groupe du Louvre from Starwood Capital Group for €1.21 billion.
- 2015
Acquisition of Keystone Lodging Holdings
[1]Jinjiang acquired an 81 percent interest in Keystone Lodging Holdings, bringing Plateno Hotels Group, 7 Days Inn, and ZMAX into its enlarged lodging portfolio.
- 2006
Jinjiang Hotels group lists in Hong Kong
[1]Shanghai Jinjiang International Hotels (Group) Co., Ltd. was listed on the Hong Kong Stock Exchange.
- 1996
Hotel-development subsidiary lists in Shanghai
[1]Shanghai Jinjiang International Hotels Development Co., Ltd., a Jinjiang-affiliated hotel company, was listed on the Shanghai Stock Exchange.
Products and positioning
A large, state-owned Chinese tourism and hospitality platform combining heritage hotels, scaled domestic lodging brands, hotel management, travel services, and international hotel investments.
Landmark hotel
Jinjiang Hotel
A flagship Shanghai hotel associated with Jinjiang International's heritage property portfolio. It represents the group's full-service and landmark-hotel operations alongside other major Shanghai properties.
Luxury and landmark hotel
Peace Hotel
A prominent Shanghai hotel operated by the Jinjiang group. Its inclusion in the portfolio illustrates Jinjiang's role in managing historically significant full-service hotels as well as standardized lodging brands.
Landmark hotel
Park Hotel
A Shanghai landmark property operated by Jinjiang International. It forms part of the group's established city-hotel portfolio and complements its broader economy and mid-market accommodation networks.
Full-service hotel
Metropole Hotel
A Jinjiang-operated Shanghai hotel included among the group's named flagship properties. The hotel reflects Jinjiang's combination of individual property operations and wider branded-hotel management.
Economy hotel chain
Jinjiang Inn
Jinjiang's large standardized lodging network serving economy and budget accommodation markets. The chain has been deployed across major Chinese cities and is one of the group's most recognizable domestic hotel businesses.
Budget hotel chain
Bestay Hotel Express
A budget-oriented hotel chain included in Jinjiang International's domestic lodging portfolio. It extends the group's coverage beyond full-service properties into lower-cost, standardized accommodation.
Mid-market hotel chain
Magnotel
A branded lodging line operated within Jinjiang's hotel portfolio. Magnotel contributes mid-market positioning to a group that also owns landmark hotels and operates economy-focused brands.
Travel services
Jinjiang Travel
The travel-services business of the group, also known as Shanghai Jin Jiang Tours Co., Ltd. It broadens Jinjiang International's activities beyond accommodation into tourism and tour-related services.
Brand decisions
2018
Lead consortium acquisition of Radisson Hotel GroupM&ABackground
Jinjiang continued building an international hotel portfolio through acquisition.
Action taken
Jinjiang International led a consortium that acquired Radisson Hotel Group, formerly Carlson Rezidor Hotel Group, from HNA Group.
Aftermath
The acquisition added a globally recognized hotel group to Jinjiang's international holdings.
2015
Acquire Groupe du LouvreM&ABackground
Jinjiang sought to expand from its Chinese hotel base into international lodging markets and acquire an established European operating platform.
Action taken
Jinjiang International Hotels Development acquired Groupe du Louvre from Starwood Capital Group for €1.21 billion.
Aftermath
The transaction expanded Jinjiang's European hotel presence and strengthened its position as an international hospitality group.
Acquisition price. €1.21 billion (January 2015)
2015
Acquire Keystone Lodging HoldingsM&ABackground
Jinjiang pursued greater scale in China's branded and budget lodging markets.
Action taken
Jinjiang International Hotels Development acquired an 81 percent stake in Keystone Lodging Holdings, whose businesses included Plateno Hotels Group, 7 Days Inn, and ZMAX.
Aftermath
The transaction created a substantially larger domestic lodging platform and contributed to Jinjiang's status among the world's largest hotel groups.
Recent events
Bank of Shanghai and Jinjiang International sign strategic cooperation agreement[2]
Reported:
Bank of Shanghai and Jinjiang International signed a strategic cooperation agreement. Bank of Shanghai will provide comprehensive financial services supporting Jinjiang International's global operations, hotel upgrades, and other initiatives.
Sources4 sources
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