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Tuesday, July 14, 2009

Sunway group ventures into China's hospitality industry

Sunway International Hotels & Resorts Sdn Bhd, a subsidiary of Sunway City Bhd, has signed an agreement with Perfect (China) Co Ltd to manage the Golden Diamond Hotel in Zhongshan, China, under the Sunway brand.

The agreement, signed in Zhongshan yesterday, marks the Sunway group's first entry into the Chinese hospitality industry.

Chief executive officer Hanley Chew signed the agreement on behalf of Sunway International Hotels & Resorts, while Perfect was represented by its founder and chairman Datuk Koo Yuen Kim.

Zhongshan-based Perfect is a Malaysian-owned investment company producing health, cosmetics and sanitary products.
"With Sunway Hotel Golden Diamond as our first hotel in China, we have set our sights on expanding further in China, with potential hotel projects in Beijing and Anhui," Chew said in a statement yesterday.

Sunway Hotel Golden Diamond offers 194 rooms and suites, 134 apartments, four function rooms and a grand ballroom.

Apart from China, Sunway International Hotels & Resorts operates hotels and resorts under the Sunway and Allson brands in Malaysia as well as neighbouring countries such as Cambodia, Indonesia, Singapore and Vietnam.

By Business Times

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