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China

Four Seasons Hotel Tianjin invites guests to embrace the blossoming of spring

As the world around it blooms into the warmth of spring, Four Seasons Hotel Tianjin invites guests to indulge in specially curated spring experiences to celebrate this beautiful time of year. Perfectly located downtown, Four Seasons Hotel Tianjin is within walking or cycling distance from Tianjin's most iconic spring attractions, including the historic Five Great Avenues, peaceful Munan Park, and picturesque Haihe River.  Right beneath the hotel is Chifeng Road, a hidden gem known for its celebrity residences, the China Ancient Porcelain Museum, and various charming cultural boutiques, making it an ideal starting point for exploring the city's unique culture. Enjoying the suite life and more From now through 30th June, guests booking any suite for two or more consecutive nights through the hotel’s official website will receive a complimentary RMB 888 hotel credit, redeemable for dining and spa experiences.  Guests staying in suites also get to enjoy exclusive Executive Lounge privileges, including complimentary dining, afternoon tea, cocktails and unique benefits. At the same time, Four Seasons Hotel Tianjin has partnered with the national intangible cultural heritage organisation Kite Wei to present the Kite Whispering of Spring afternoon tea at La Sala Lounge where its executive pastry chef artfully combines traditional Chinese kite motifs and vibrant colors into beautifully crafted Western desserts, transforming kites from museum artifacts into edible art. The hotel has also invited Wei Guoqiu, the fourth-generation expert at Kite Wei, to offer guests a rare hands-on kite-making experience every Saturday afternoon.  Under his tutelage, guests can explore the joy of crafting and decorating their own kites under expert guidance, immersing themselves in traditional Chinese culture.

Asia

CapitaLand Ascott Trust to divest Somerset Olympic Tower Tianjin

CapitaLand Ascott Trust (CLAS) entered into an agreement to divest Somerset Olympic Tower Tianjin in China to an unrelated third party.   The 185-unit property will be divested at above book value, unlocking gains for CLAS’ Stapled Securityholders.   The transaction, subject to customary conditions precedent, is expected to be completed in Q2-2025.  Somerset Olympic Tower Tianjin, which opened in 1998, is located in Heping District. CapitaLand Ascott Trust Management Limited and CapitaLand Ascott Business Trust Management Pte Ltd chief executive Serena Teo said: “We continually reconstitute CLAS’ portfolio by divesting mature properties such as Somerset Olympic Tower Tianjin and redeploying the proceeds towards more optimal uses.  In the first half of 2024, CLAS’ properties in China contributed 1.4 percent to our total gross profit.  The divestment of Somerset Olympic Tower Tianjin will have minimal impact on our gross profit.  Post divestment, we will have four properties in China.  With CLAS’ strong financial position, we stand ready to capture opportunities to deliver accretive growth for our Stapled Securityholders.” Strengthening its corporate portfolio via portfolio reconstitution strategy Prior to Somerset Olympic Tower Tianjin, CLAS has divested a total of close to S$400 million in assets year to date.   The properties were divested at a premium to book value, unlocking about S$54 million in gains.  CLAS also announced on 1 October 2024 that it will deploy proceeds from the divestment of Citadines Mount Sophia Singapore into the proposed acquisition of lyf Funan Singapore at an entry earnings before interest, taxes, depreciation and amortisation (EBITDA) yield of 4.7 percent, delivering accretion to Stapled Securityholders.   Citadines Mount Sophia Singapore was divested in March 2024 at an exit yield of 3.2 percent. Other acquisitions include a rental housing property in Fukuoka, Japan and the remaining 10 percent stake in Standard at Columbia, a student accommodation property in the United States of America in the first half of this year. CLASalso recently completed the asset enhancement initiative (AEI) for Citadines Holborn-Covent Garden London.  Year to date, CLAS has completed AEIs for five of its properties.  CLAS has three properties in its AEI pipeline to be completed between Q4-2024 and 2026.  These initiatives, when completed, are expected to enhance the quality of CLAS’ portfolio and uplift its distribution income.

China

Chengde Summer Resort hosts 10th anniversary exhibition season for the Beijing-Tianjin-Hebei region

The Chengde Provincial Cultural Heritage Administration, the Chengde Summer Resort Museum, and the Palace Museum officially opened the 10th Anniversary Exhibition Season for Coordinated Development of the Beijing-Tianjin-Hebei Region in the Pine Crane Temple scenic area of the Chengde Summer Resort. Ongoing till 8 October 2024, the exhibition features numerous cultural relics which have been restored to the Chengde Summer Resort, including three pairs of uniquely crafted clocks that were separated for several centuries.  These artefacts immerse visitors into a deep and emotional dialogue across time and space. An elegant venue The Chengde Summer Resort is characterised by its simplicity and elegance, as well as  the way it embraces the essence of natural landscapes. It is also the largest existing imperial garden in the world.  Keeping this in mind, the Summer Resort and the Palace Museum are regarded as the epitome of the intersection and resonance of historical and cultural heritages. Particularly during the Qianlong era, Emperor Hongli and the entire imperial court spent almost more than five months every year at the Summer Resort, leading to the conduction of imperial affairs, guest receptions, ethnic and diplomatic matters, among others, mostly taking place there.  Consequently, a vast collection of treasures from the Palace Museum also made their way to Chengde.

Air

Tianjin Airlines adds transit hub to improve service to passengers

Tianjin Airlines officially opened a transit service counter at Tianjin Airport as part of its drive to improve service for passengers. The establishment of the transit hub aims to improve service quality and facilitate passengers' travel. It is also a way by which Tianjin Airlines works to strengthen the transit service guarantee capabilities of Tianjin Airport.   Under the new transit arrangements, those departing from 77 airports across the country and transiting through Tianjin on the same day can handle through check-in and baggage check-in at the airport they depart from. How does it work? If passengers have completed through check-in and baggage check-in procedures at the departure station, they can go to the Tianjin Airlines transfer counter to complete the transfer procedures after the previous flight arrives in Tianjin. They can go directly to the boarding gate of the next flight to wait for boarding without the need for a second security check.  However, if passengers have not completed the check-in process at the departure station and have no checked baggage, the Tianjin Airlines transfer counter can also handle check-in procedures for the next flight during the opening period.  Transfer passengers who have not completed through check-in at the departure station and have checked baggage need to follow the normal process and go to the departure hall on the third floor of the terminal to complete the procedures for the subsequent flight after collecting their luggage.

Air

Tianjin Air Cargo Security’s summer gets off to a good start

China’s Tianjin Air Cargo Security Inspection Station started the summer by setting new records and rethinking operations for the season. The Tianjin inspection station noted the inspection of around 300 tonnes of cargo and mail, a 480 percent increase from last year, at the beginning of this month. The station even set a new daily inspection record last 8 July when it successfully handled the inspection of at least 54 tonnes of cargo. Rethinking the work plan Based on recent data, the volume of air cargo flying into and within China increased substantially from last year’s figures. Likewise, special measures need to be taken to address the transport of food products in warmer weather. Tianjin Air Cargo Security made several adjustments to address both matters. To improve the efficiency of security inspection during the summer transportation period and reduce the detention time of goods, Tianjin Air Cargo Security formulated a special work plan to ensure the timely inspection and orderly loading and transport of both mail and cargo. The inspection station also established an information linkage mechanism with the cargo terminal. Tianjin Air Cargo Security also optimised staffing and strengthened the sharing of information within its organisation to ensure overall efficiency during the peak season.

Asia

SuperStar Virgo makes homeport debut in Tianjin

SuperStar Virgo in Tianjin Genting Cruise Lines has celebrated SuperStar Virgo’s inaugural homeport sailing from Tianjin to multiple destinations in Japan. As one of the major cruise ports in China — Tianjin boasts excellent port infrastructure and accessibility to key markets in the Northern region, which are both crucial to the strategic deployment of Genting Cruise Lines in the country. “The inaugural homeport deployment of SuperStar Virgo in Tianjin is instrumental in building the profile of Genting Cruise Lines as a key industry leader in Asia, as well as to lay a solid foundation for the market development of both Star Cruises and Dream Cruises in China and across the region,” said Kent Zhu, president of Genting Cruise Lines. Genting Cruise Lines celebrated SuperStar Virgo’s inaugural homeport sailing, from where it will offer seven cruises to multiple destinations including Kagoshima, Fukuoka, Beppu and Nagasaki. Furthermore, the occasion marked Star Cruises’ second inaugural homeport in Northern China this year, preceded by SuperStar Virgo’s five-week homeport season in Dalian and to be followed by her debut homeport in the coastal city of Qingdao later this year. The inaugural ceremony of SuperStar Virgo in Tianjin SuperStar Virgo, under the Star Cruises brand, houses over 10 bars and restaurants including Chinese, Japanese and international restaurants. Onboard amenities include a foot reflexology salon and spa, gym with steam and sauna rooms, hairdressing salon, two-level theatre, duty-free shops, a 100-metre mega water slide, outdoor swimming pool, mini golf course, karaoke room, and children's activity centre. With 13 storeys and weighing 75,000 tonnes, the SuperStar Virgo features 935 cabins, including sea-view cabins and balcony suites. Additionally, SuperStar Virgo offers a wide variety of dining, shopping and entertainment options. A stage performance by SuperStar Virgo’s entertainment team Ang Moo Lim, president of Star Cruises, said: “As the pioneer of cruising in Asia with 25 years of experience in the region, Star Cruises is committed to engaging Asian travellers with thematic cruises that best cater to their needs." “Tailor-made entertainment and enrichment activities” “SuperStar Virgo’s homeport deployment in Tianjin is timed perfectly with the peak season of family travels in China – the Golden Week holiday and autumn trips in October. In addition to a great variety of itineraries of different durations and destinations, we have tailor-made entertainment and enrichment activities for all family members to enjoy such as our Senior Cruiser Program, ‘Treasure Hunt at Sea with Doraemon’ and more.”

Airlines and Aviation

Asian air route updates, including new flights to Chiang Mai, Clark and Tianjin

Russian carrier flies 777 to Hainan Where? Moscow Domodedovo (Russia) to Haikou (China) When? Once a week, effective immediately Who? VIM Airlines Why? Handling rising Russian demand for travel to the island of Hainan – China’s answer to Hawaii or Bali Anything else? The Russian carrier will operate the new route using a large, twin-aisle Boeing 777 aircraft First international connection for Vietnam's Quang Binh Where? Quang Binh (Vietnam) to Chiang Mai (Thailand) When? Twice a week, effective 11 August 2017 Who? Jetstar Pacific Why? Aimed at expanding intra-regional trade and tourism between ASEAN countries Anything else? This will become the first non-stop service on the route and the first international flight from Quang Binh’s Dong Hoi Airport China Eastern adds new flight to the Philippines Where? Shanghai Pudong (China) to Clark (Philippines) When? Daily, effective 18 October 2017 Who? China Eastern Airlines Why? Catering for outbound traffic from China to the Philippines and opening up a new option for travellers to Manila Anything else? Clark could become one of Asia's largest airports, if plans to expand its capacity to 80 million annual passengers are realised Malaysia Airlines plans Tianjin launch Where? Kota Kinabalu (Malaysia) to Tianjin (China) When? Twice a week, effective 26 March 2017 Who? Malaysia Airlines Why? Malaysian national carrier continues to focus its expansion on Asia’s fast-expanding markets, most notably China Anything else? Tianjin will become Malaysia Airlines’ second Chinese route from Kota Kinabalu, after Shanghai

Airlines and Aviation

Asian air route updates: HK Express, Tianjin Airlines and more

HK Express completes Pacific island double Where? Hong Kong to Saipan (Northern Mariara Islands) When? Three times a week, effective immediately Who? HK Express Why? New leisure travel destination for Hong Kong travellers Anything else? This is the second part of Pacific island double for HK Express, following recent launch of flights to Guam New Philippine links from Chongqing Where? Chongqing (China) to Kalibo and Cebu (Philippines) When? Daily (four times a week to Kalibo and three to Cebu) effective 26 March 2017 Who? China West Air Why? Providing tropical beach links to residents in western China’s largest metropolis Anything else? The municipal area of Chongqing home to almost 50 million people Juneyao Airlines adds another Phuket connection Where? Nanjing (China) to Phuket (Thailand) When? Daily, effective 26 March 2017 Who? Juneyao Airlines Why? Fulfilling Chinese tourist demand for Thailand’s beaches Anything else? More than 20 different airlines now fly between Phuket and China Tianjin Airlines to make debut Down Under Where? Chongqing (China) to Melbourne (Australia) When? Three times a week, effective 27 September 2017 Who? Tianjin Airlines Why? Continued long-haul expansion of Chinese airline following launch of Auckland and London flights Anything else? New alternative “Kangaroo Route” for travellers between Australia and UK

Annual Reports

Radisson Hotel Group secures over 210 signings and openings for 2025

With more than 210 signings and openings already secured this year, the Radisson Hotel Group is steadily advancing its transformation towards becoming one of the world’s most prominent hotel companies. This ongoing transformation is anchored to a portfolio designed for today’s travellers and tomorrow’s priorities.    According to Radisson’s executive vice-president and global chief development officer Elie Younes “So far, the year has seen Radisson Hotel Group succeeding in our pursuit of excellence for customers and owners. Hotel openings have been carefully curated to what business and leisure travellers are seeking in 2025, and we have a very strong pipeline of hotel signings and anticipated openings.”     A great year for Radisson RED Radisson RED’s bold personality is gaining global momentum, with new hotels signed and opened across the UK, Romania, India, UAE, and Thailand.  The brand reached a milestone with the opening of Radisson RED Oslo City Centre, A Verified Net Zero Hotel, the Group’s second Verified Net Zero hotel, underscoring its leadership in sustainable hospitality.  In London, the brand will debut in the heart of the city minutes from Liverpool Street Station through a partnership with PPHE Hotel Group, while in Rome, the art’otel Rome Piazza Sallustio introduced a striking design-led landmark.  Radisson Individuals gains ground Radisson Individuals has gone from strength to strength, offering crucial flexibility to Group stakeholders and growing to over 100 hotels in operation and under development since its launch in 2020.  This year alone, the brand expanded its footprint across France, Portugal, Germany, Malta, and Kazakhstan, with new signings secured in the UK, Poland, Spain, Greece, Kyrgyzstan, Türkiye, India, and the Philippines.  Recently, the brand’s emphasis on empowering owners and broadening guest choice has been cemented with the introduction of three exciting brand segments: Premier, Boutique, and Retreats. A stronger flagship At the same time, the Radisson brand continues to evolve with a mix of sustainability milestones and market firsts. Radisson Hotel Manchester City Centre, A Verified Net Zero Hotel opened as the Group’s first Verified Net Zero hotel while the brand entered new markets such as the Democratic Republic of Congo, Armenia, and Madinah, Saudi Arabia. In the UK, Radisson will anchor a landmark all-electric stadium development for Oxford United Football Club, setting a new benchmark for future-ready hospitality. Growth across APAC has been equally dynamic, with 13 new Radisson properties opening in India, Indonesia, Thailand, and Vietnam. With the demand for leisure travel rising, Radisson Hotel Group continues to expand its resort portfolio, now comprising more than 160 properties. New openings and signings stretch from Asia to Europe, including across destinations as diverse as Vietnam, Indonesia, Sri Lanka, India, Montenegro, Poland, Romania, Egypt and Armenia. Highlights include Radisson Hotel Cannes on the French Riviera, Radisson Collection The National Hotel, Brussels, a landmark golf-side retreat, and the debut of Radisson Collection Resort, Galle in Sri Lanka and Radisson Collection Resort & Spa, Jaipur in India. Together, these properties underscore the brand’s commitment to creating standout resort destinations in diverse and inspiring locations. Growth by region Europe, the United Kingdom, the Middle East, and Africa In EMEA, Radisson Blu is cementing its position as Europe’s leading upper-upscale brand, with landmark signings and openings in France, Germany, Türkiye, and Montenegro.  Among the highlights is The Medlock at Manchester City’s Etihad Stadium, an innovative partnership that redefines what a stadium hotel can be.  Later this year, Radisson Blu CDG Airport Terminal Hotel, Paris will welcome travellers at one of Europe’s busiest gateways.   France has proven to be a key growth market across the Group’s portfolio, with luxury lifestyle brand Radisson Collection leading the charge.  This year saw the long-awaited opening of Cour des Loges Lyon, A Radisson Collection Hotel and the signing of the historic Banke Opera Paris, A Radisson Collection Hotel, which will debut in 2026.  The brand furthermore marked its arrival in Hungary with Radisson Collection Hotel, Basilica Budapest, a property that perfectly synthesizes historic grandeur with contemporary luxury, and reopened the Radisson Collection Hotel, Berlin in spectacular style.  These milestones reinforce Radisson Collection’s role as the Group’s showcase for design, heritage, and modern hospitality.  In Africa, the Group is keeping its momentum by combining new market entries with deeper investment in key markets such as Morocco, South Africa, and Nigeria.  Recent activity includes its debut in the Democratic Republic of Congo with Radisson Blu Hotel, Kinshasa, and Radisson Hotel Lubumbashi, as well as Radisson Blu Hotel & Apartments, Yaoundé in Cameroon.  The Group has also entered Zimbabwe with Radisson Harare and is exploring further opportunities in the Victoria Falls area, alongside growth targets of 30 hotels in Morocco and 25 in South Africa by 2030.  China, India, and the Asia-Pacific APAC continues to propel growth for the Radisson Hotel Group.  In China, 130 hotels have been signed and opened in 2025, pushing the pipeline close to 300 hotels. Expansion is strongest in the mid- to upper mid-scale categories, led by Country Inn & Suites by Radisson, now the fastest-growing brand in China with a portfolio of 375 hotels.  Major cities such as Wuhan, Beijing, Chongqing, Chengdu, Tianjin, and Shanghai remain central to the Group’s growth plan and expansion strategy, supporting both scale and depth across the market. India has emerged as one of Radisson Hotel Group’s most dynamic markets, with the company surpassing a historic milestone of 200 hotels.  Today, more than 130 properties are in operation and over 70 are under development, reinforcing the Group’s position as the leading organically growing international operator in the country.  Fuelled by 59 new signings in just 18 months and expansion into 47 new cities, Radisson Hotel Group is well-positioned to deepen its presence and extend hospitality access with up to 500 hotels in the region by 2030.

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