Partnerships
Huazhu and Yingxin Development Set Up Guangzhou Hotel Management Venture With 5 Million Yuan Capital
By News Desk ·
Key takeaways
- Huayingxin Hotel Management (Guangzhou) Co., Ltd. was registered with 5 million yuan in capital, split 70% to Yingxin and 30% to Huazhu.
- The new company's registered address is in the same building as the Mercure and JI hotels at Guangzhou Tianhe Sports Center, part of the Huatai Zijin Huazhu Anzhu REITs assets.
- Huazhu's management, franchise and licensing revenue exceeded 50% of group revenue in the first half of 2026.
Huazhu Hotels Group and Yingxin Development have registered a hotel management joint venture in Guangzhou with 5 million yuan in capital, holding 30% and 70% respectively. 36kr reported the registration, which came without an official announcement or press conference.
Inside the Huayingxin Guangzhou Joint Venture
The new company, Huayingxin Hotel Management (Guangzhou) Co., Ltd., takes one character from Huazhu and one from Yingxin Development, the successor to Xinhualian Cultural Tourism. Shanghai Huaye Starry Sky Enterprise Management Co., Ltd. contributes 3.5 million yuan for 70% and Yingxin (Guangdong) Commercial Development contributes 1.5 million yuan for 30%, according to Huazhu Hotels Group's filing details cited by 36kr. Ji Mijia, the legal representative of the new company, also serves as legal representative of Huazhu Enterprise Management Co., Ltd. and Huazhu Hotel Management Co., Ltd.
The registered address sits in the same building as the Mercure Hotel Guangzhou Tianhe Sports Center and JI Hotel Guangzhou Tianhe Sports Center, two hotels that form part of the underlying assets of the Huatai Zijin Huazhu Anzhu REITs, whose subscription was recently completed. Ye Fei, former Deputy CFO of Huazhu Group, has returned as CIO of Huazhu Group, responsible for asset securitization and investment and operation of real estate assets. 36kr described the venture as likely a light-asset management platform through which Yingxin Development could feed stock hotels or cultural tourism resources into Huazhu's operating system.
Huazhu's REIT and AI Moves on Record
Huazhu became a lead issuer in China's first wave of hotel C-REITs after the public REIT market launched on December 31, 2025, according to akta.pro company records. The same records show a December 2025 partnership with Tencent Cloud to launch AI住中服务 (AI Stay Services) across its properties, and a March 2021 strategic cooperation with Rongchuang Culture & Tourism that produced the Yongle Huazhu joint venture in September 2021, managing 22 hotels from the Rongchuang portfolio.
Accor and IHCL Expand Hotel Partnerships
Accor and Hard Rock International announced a global strategic partnership on November 9, 2026 covering loyalty, distribution and international development, with Hard Rock hotels joining the ALL Accor platform and its more than 125 million members, Hospitality Net reported. IHCL and Ambuja Neotia expanded their partnership on October 31, 2026 to 20 properties in West Bengal, 11 operational and nine in pipeline, with investment allocation rising to Rs 2,700 crore, Business News Today reported.
Huazhu's Next Steps in Guangzhou
Huazhu reached a cooperation with Guangzhou state-owned assets half a year ago to build 300 hotels over the next few years, covering stock asset revitalization, cultural tourism, hotel management and asset securitization. The Huazhu Anzhu REITs fund contract took effect last month, with final raised capital of about 1.1645 billion yuan.