2018 Global Tea Fair (Shenzhen) Autumn is opening in Shenzhen Convention and Exhibition Center from 13th to 17th December . It has been successfully held for the past ten years. Held twice a year, the fair this time has reached a new record high.
SHENZHEN, China, Dec. 15, 2018 /PRNewswire/ -- This time, the fair witnesses over 4,300 booths with 1,700 participants from 15 different countries. The fair incorporates leaders from the tea industry exhibiting the most exceptional tea and other tea-related products. It also focuses on providing customers with a new aesthetic experience of tea, introducing them to a variety of global tea drinking methodologies, and conducting well-scheduled activities.
10th Anniversary Tea Ceremony of HJC
(2018 Global Tea Fair Shenzhen Autumn)
The 10th anniversary tea ceremony invited 600 domestic and overseas industrial leaders, including tea experts，business elites, delegates of 65 different tea producing areas and professional buyers. 10 years is a milestone for HJC. It's scale has grown from 30,000 square meters in the year 2008 to over 86,000 square meters now. Many small and medium-sized enterprises have established significant reputation through our exhibitions. HJC are always expected to be strong, responsible and to achieve our periodic goals in order to achieve the goal that tea and it's culture becomes part of people's daily life. Therefore, 10 years is not only a milestone but also a new start to HJC.
Lay emphasis on commercial and cultural communication; build top forums and construct professional match-making services.
These events are designed to encourage the development and innovation of the tea industry, to increase the pace of globalization, enable producers to meet their perfect consumers for international procurement, and strengthen communication in the global tea industry. Besides, HJC platform through these years accumulate solid relationship with difference tea producing area, which can provide the first hand tea producing area resources. Meanwhile, a series of activities like International marketing forum, tea academy, teaware appreciation conference, Global Tea Cup, etc are concerned about hot issues in tea industry and are bound to lead the new trend of tea industry. More exciting activities are waiting for you to explore!
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XI'AN, China, Dec. 14, 2018 /PRNewswire/ -- Hainan Airlines Holding Co., Ltd. ("Hainan Airlines") plans to launch non-stop service between Xi'an and Los Angeles on December 31. It will be the first scheduled service between Xi'an and Los Angeles and the only intercontinental route between Xi'an and the United States.
The Xi'an-Los Angeles service is scheduled to take off from Xi'an at 9:10 pm every Monday and Thursday BJT, and land at Los Angeles at 18:10 pm PT after being in the air for 12 hours and 10 minutes. The new route will be serviced by a Boeing 787-8 aircraft. All seats will be fully equipped with an exclusive entertainment on-demand system and passengers will be pampered with a menu of Asian and European delicacies representative of all four seasons. The use of portable electronic devices will be permitted on board during the entire length of the journey.
Hainan Airlines already has several routes that originate in Xi'an, with services to Tokyo, Rome, Sydney and Melbourne. Once the Xi'an-Los Angeles service is launched, Los Angeles will not only be a destination but also a convenient hub to transit to points all across the Americas.
Hainan Airlines has to date launched 18 North American routes covering Seattle, San Jose, Los Angeles, New York, Chicago, Boston, Las Vegas, Toronto, Calgary, Vancouver, Mexico City and Tijuana, forming a rapid transit network complemented by intermodal connections.
Hainan Airlines' Xi'an-Los Angeles Flight Schedule (All times are local):
Note: Specific timetables can be confirmed on Hainan Airlines' official website.
BEIJING, Dec. 14, 2018 /PRNewswire/ -- AirMedia Group Inc. ("AirMedia" or the "Company") (Nasdaq: AMCN), an operator of out-of-home advertising platforms in China targeting mid-to-high-end consumers as well as a first-mover in the travel Wi-Fi market, today announced EASTO APP came online on selected airplanes operated by China Eastern Airlines. As part of the strategic collaborations between the Company and China Eastern Airlines, EASTO APP was created jointly as an Internet empowered in-flight entertainment connectivity platform enabling China Eastern Airlines to provide its travelers with streaming multimedia, e-commerce, and other customized and interactive experiences. While operating and maintaining the platform, AirMedia is devoted to work with China Eastern Airlines to further integrate available resources to enrich travelers' experience.
Zhou Peng, Vice President of Marketing Public Relations of AirMedia commented that a seamless integration of an in-flight entertainment system and a high-speed Internet connectivity made EASTO APP a choince travelers will benefit from. While providing travelers with convenience to connect to the Internet in-flight, EASTO APP made it possible for the airlines to embrace not only an upgrade from IFE to IFEC, but also a diversified revenue. With respect to the Company, EASTO APP marked a breakthrough in our efforts to build an ecosystem around in-flight connectivity offering endless business possibilities.
Mr. Herman Guo, CEO of AirMedia commented that as a milestone, EASTO APP clearly portrayed a futuristic in-flight interactive entertainment empowered by mobile Internet. Devoted to further improve travelers' experience, EASTO APP stepped up from traditional IFE by integrating interactive contents in multimedia formats. While managing the operations and the contents on EASTO APP, we plan to devote our competence in technology, integration of resources and proficiency in operation to integrate EASTO APP into globally recognized entertainment system in-flight.
About AirMedia Group Inc.
Incorporated in 2007 and headquartered in Beijing, China, AirMedia Group Inc. (AMCN) is an operator of out-of-home advertising platforms in China targeting mid-to-high-end consumers as well as a first-mover in the travel Wi-Fi market. AirMedia sells advertisements on the routes operated by several Chinese airlines and at Sinopec's service stations in China. AirMedia also has concession rights to operate the Wi-Fi systems on trains administered by eight railway administrative bureaus in China as well as on many long-haul buses in China. For more information, please visit http://www.airmedia.net.cn.
This announcement contains forward-looking statements within the meaning of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. All statements other than statements of historical fact in this announcement are forward-looking statements, including but not limited to, the Company's business strategies and initiatives as well as the Company's business plans; the Company's future business development, results of operations and financial condition; expected changes in the Company's revenue and certain cost or expense items; trends and competition in China; general economic and business conditions in China; and other risks detailed in the Company's filings with the Securities and Exchange Commission. These forward-looking statements involve known and unknown risks and uncertainties and are based on current expectations and projections about future events and financial trends that the Company believes may affect its financial condition, results of operations, business strategy and financial needs. Investors can identify these forward-looking statements by words or phrases such as "may," "will," "expect," "anticipate," "aim," "estimate," "intend," "plan," "believe," "potential," "continue," "is/are likely to" or other similar expressions. The Company undertakes no obligation to update forward-looking statements to reflect subsequent occurring events or circumstances, or changes in its expectations, except as may be required by law. Although the Company believes that the expectations expressed in these forward-looking statements are reasonable, it cannot assure you that such expectations will turn out to be correct, and the Company cautions investors that actual results may differ materially from the anticipated results.
For more information, please contact:
Company Contact: Yan Liu Director, Investor Relations AirMedia Group Inc. Tel: +86-10-8460-8678 Email: firstname.lastname@example.org
Investor Contact: Tina Xiao President Ascent Investor Relations LLC Phone: +1-917-609-0333 Email: email@example.com
- The China Giant Panda Culture Alliance is formally launched
YA'AN, China, Dec. 14, 2018 /PRNewswire/ -- Themed "Giant Panda, Integrated Tourism, Great Fusion", the 2nd Sichuan Tourism New Media Marketing Conference and Launch Event for the China Giant Panda Culture Alliance concluded on December 6 in Ya'an, Sichuan province. Over 450 tourism and media industry experts from around the world gathered in Ya'an, to engage in a high-level dialogue that takes a closer look at the development track for the cultural tourism marketing sector in the context of new media. The concurrent VR + Tourism Experience Show and Cultural Tourism Products Exhibition, serve as a window for the world examine the sector and revealed three trends leveraging new media to strengthen industry efforts.
The 2nd Sichuan Tourism New Media Marketing Conference and Launch Event for the China Giant Panda Culture Alliance comes to a successful conclusion in Ya’an
The future of the Giant Panda will be a key subject when boosting the integrated development of culture and tourism
The China Giant Panda Culture Alliance, co-sponsored by Ya'an Municipal People's Government, the China Conservation and Research Centre for the Giant Panda, Giant Panda National Park Administration (Sichuan Administrative Office), South China Normal University, Chinese National Geography Press and the Sichuan Provincial Tourism Association, under the Sichuan Provincial Department of Culture and Tourism, Giant Panda National Park Administration, World Wide Fund for Nature and the Geographical Society of China, was formally launched during the conference.
The fusion of culture and tourism will promote a larger-scale integration of resources
Supported by 61 members, to boost the development of the tourism marketing sector by implementing a comprehensive, multi-platform and multi-channel communication strategy. The alliance plans to build a complete tourism marketing ecosystem that includes participation by the government, media, thought leaders and the marketing and communication sectors, with the aim of strengthening the branding of the city's touristic attractions through professional, modern and international marketing approaches.
With the recent transformation taking place across the larger travel sector, the cultural tourism marketing sector will be open to faster integration with new media, new technologies and new platforms.
"A multi-dimensional marketing approach combined with new media is needed as a vehicle to promote tourism resources," said Ya'an Municipal Party Committee secretary Lan Kaichi. He added that the integration of tourism and new media will help create a new and intuitive experience while also enhancing the reach and impact of marketing campaigns.
HONG KONG, Dec. 14, 2018 /PRNewswire/ -- Canvas, a lifestyle brand inspired to connect people, ideas, experiences and destinations in Asia, announces its launch in January 2019. Comprising a membership programme, hotel and residential developments, and cultural initiatives, Canvas redefines the concept of property development to interpret community outreach and engagement, immersing individuals in cultural heritage, and fuelling commercial and creative energies.
Encompassing a membership programme, hotel projects and residential developments, Canvas seeks to nurture the connections between people and cultures.
Canvas is created by ACTS Group, a multi-dimensional developer focused on expanding its operations in Asia. Carl Gouw, founder and serial entrepreneur, envisioned shared experiences and cultural connections between different communities, and this idea became the basis of the brand: "Canvas seeks to inspire and nurture connections between people and cultures. Through the different components of Canvas, we are weaving together the story of creative ideas, cultural diversity and originality."
Canvas encompasses three components: Canvas Place, a hospitality and real estate development arm; Canvas Belong, a membership programme; and Blank Canvas, a platform for creative minds to gather and curate new ideas. With flagship properties across Bali, Hua Hin and Bangkok, every Canvas product showcases the unique beauty of its locations, while building approachable and inclusive networks and raising awareness of sustainability and cultural preservation, intertwining coveted destinations with its people and travellers.
Comprising options for individual and corporate membership, Canvas Belong aims to reinforce local connections and inspire unconventional journeys. Under this programme, Canvas Citizens will enjoy a range of benefits from a welcome life coaching session, exclusive stays at new Canvas Place resorts in Bali and Hua Hin, curated cultural experiences and lifestyle offerings in dining and wellness in five cities, to enriching 'once-in-a-lifetime' events with influential CEOs, entrepreneurs, designers, wellness and sports champions from around the world. This one-of-a-kind membership programme will launch in Hong Kong on 23 January, 2019, then Bangkok and Shanghai the following month.
Canvas is a lifestyle brand committed to challenging conventions and exploring connections. Launching under the ACTS Group in 2019, Canvas subverts the traditional role of developers by focusing on strengthening networks, enhancing communities and exploring unique experiences. The brand was born out of Founder Carl Gouw's desire to connect people through space, design and neighbourhoods. Comprising a membership programme, hotel and residential developments and cultural intiatives, Canvas seeks to develop inspiration and strives to nurture the connections between people and cultures. Every Canvas product conveys the uniquenessof its location and strives to propel local art, culture, cuisine and commerce into new realms. Drawing people together on a physical, creative and cultural journey, Canvas is individual, progressive and contemporary, providing a new framework for what it means to connect in today's world.
About Carl Gouw
A serial entrepreneur and property developer, Carl Gouw has had a passion for real estate since childhood and launched his career when he was eighteen. With his hands-on experience in project creation and management, and a vision to explore new markets, in 2005 he founded ACTS Group, a property developer and construction enterprise. His wealth of insights and tenure in crafting successful property and hospitality ventures and appreciation for communities sparked the idea for Canvas, a lifestyle brand launching in 2019. With Canvas, Carl envisions to connect and nurture people, ideas, experiences and places through a platform that delivers purposeful experiences through a membership programme, hotel and residential developments.
Carl is also the Managing Director of Goldig Investment Group, an organisation involved in real estate investment since the 1970s who was substantial shareholder of a Hong Kong-listed Guangzhou developer. Committed to enhancing the community and nurturing cultural activities, he is an active member of the Entrepreneurs' Organisation and a former member of its Asia-Pacific Regional Council, a member of PMQ's Assessment Panel, a founding member of the Hong Kong Ambassadors of Design, and founding Chairman of Culture Care (Hong Kong). He is an advisor to the Hong Kong Church Network of the Poor, and a board member of Hope of the City Foundation. Having written pieces on cultural issues and the business of design, Carl's work has been featured in publications such as Baccarat and Capital Entrepreneur. In 2014, he was included in Perspective magazine's prestigious '40 under 40' list.
About ACTS Group
ACTS Group is a multi-dimensional property investor, developer and construction enterprise founded by entrepreneur Carl Gouw in 2005. ACTS Group has managed over 100 award-winning projects in Asia, spanning the hospitality, residential and cultural sectors. Committed to diversity and inclusivity, ACTS Group and its parent company Goldig Investment Group, who has been involved in real estate investment since the 1970s, bring over 35 years of experience to the industry. Overseeing every stage of a project, from concept and design to project management and execution, ACTS Group adopts a 360-degree approach while seeking new opportunities within the Asia-Pacific region and beyond. In 2019, ACTS Group will launch Canvas, a lifestyle brand delivering purposeful experiences through a membership programme, hotel and residential developments. Through Canvas, ACTS Group aims to develop a strategic footprint in new regions, strengthen relationships in the communities and carefully consider its impact on the broader culture.
Creating the FOLIDAY Global Tourism Ecosystem to Enhance Competitive Advantage
HONG KONG, Dec. 14, 2018 /PRNewswire/ -- Fosun Tourism Group ("Fosun Tourism", together with its subsidiaries, the "Group", Stock Exchange stock code: 1992), the world's leading leisure-focused integrated tourism group, and the largest leisure tourism resort group worldwide in terms of revenue in 2017, has made its debut on the main board of The Stock Exchange of Hong Kong Limited today. A total of 214,400,000 shares were offered globally and priced at the offer price of HK$15.6 per share in the initial public offering. The shares are traded in 200 shares per board lot. Mr. Qian Jiannong, Chairman of the Board, Executive Director and Chief Executive Officer of Fosun Tourism, Mr. Guo Guangchang, Chairman of Fosun International Limited ("Fosun International", Hong Kong Stock Exchange stock code: 656), the controlling shareholder of the Company, as well as Mr. Wang Qunbin, Chief Executive Officer of Fosun International, attended the listing ceremony, witnessing the start of a new chapter in the history of Fosun Tourism Group.
Mr. Qian Jiannong said when he was giving a speech, "The listing is an important milestone for Fosun Toursim Group. We will, as always, continue to provide innovative and upgraded leisure tourism products and services to consumers around the world through internal organic growth, new business development, and global industry integration, to achieve continuous and steady growth in the business performance of Fosun Tourism, creating value for consumers around the world, as well as shareholders and the society."
Fosun Tourism had turned around and recorded a positive adjusted net profit in the first three quarters of 2018. As a tourism group established in recent years, Fosun Tourism has been active in the integration and upgrade of the global industry chain of tourism consumption and has attracted attention from the industry. It built the FOLIDAY ecosystem that has disrupted the industry, leading an unstoppable trend, and creating outstanding performance. According to industry experts, the existing highly homogenized competition has posed serious challenge to the development of the tourism industry. Consumption upgrades have put forward new requirements for tourism products and services. Fosun Tourism focuses on the family leisure tourism market, leveraging its global capability, it has embarked on a path of divergence in model and product innovation.
With increasing disposable income and more leisure time available, Chinese and global consumers' purchasing power on leisure tourism has been increasing, which in turn has driven the demand for, as well as spending on, products and services in the global leisure tourism market. The tourism industry is at an important stage of consumption upgrade, with an obvious trend of transformation from sight-seeing to leisure tourism. In 2017, the world's leisure tourism market accounted for 58.5% of the total revenue of the overall tourism market, making it the largest component of the overall market. The compound annual growth rate of per capita tourism expenditure in China was 13.3% from 2013 to 2017. In 2017, the per capita tourism expenditure in China was approximately US$575.2 (approximately RMB3,887.6), which was significantly below the global average of US$740.8(RMB5,007.0). This implies the great potential for the growth of China's tourism market.
The establishment of Fosun Tourism was in line with this changing trend of tourism needs of global family consumers. The Company is at the forefront of the integration of leisure tourism industry on a global scale.
Fosun Tourism's innovative strategic model has gained recognition from the capital market. Before the public offering, the Company had entered into cornerstone investment agreements with Step Ahead International Limited, a wholly-owned subsidiary of Shun Tak Holdings Limited, China Suchuang Energy Co., (Hong Kong) Limited, a wholly-owned subsidiary of Suchuang Gas Corporation Limited, and Taobao China Holding Limited, an indirect wholly-owned subsidiary of Alibaba Group Holding Limited. The international offering was moderately over-subscribed, reflecting the recognition and confidence of the capital market in the prospect of the Company.
The Group has three major business segments: resorts, which the Group operates through Club Med, the world-renowned resort brand of French origin that the Group acquired in 2015, and Club Med Joyview, which was launched in 2018 to specifically cater for the fast-growing Chinese market; tourism destinations that the Group develops, operates and manages, including Atlantis Sanya; and services and solutions in various tourism and leisure settings. As of 30 June 2018, the Group had 69 resorts in over 26 countries and regions, and had operations in over 40 countries and regions.
Fosun Tourism's unique FOLIDAY ecosystem provides global families with a wide array of tourism- and leisure-related solutions. The Group provides resorts and tourism destination offerings to customers through Club Med, Club Med Joyview and Atlantis Sanya, which are key components of its ecosystem. Through the FOLIDAY platform and the Group's alliance with Thomas Cook, the Group assists customers in planning their vacation and tailoring its product offerings to their specific needs. The other services include child-focused activities, such as Miniversity; entertainment, provided through Fanxiu; tourism destination management by Albion; and membership services, provided through the Foryou Club membership program. The FOLIDAY ecosystem integrates different tourism and leisure solutions into one platform and continuously replenishes the Group's customer-to-maker ("C2M") global system. The FOLIDAY ecosystem is not a simple combination of brands. Instead it creates an effect of 1+1 greater than 2 through a lot of synergy.
Apart from the innovative FOLIDAY ecosystem and business model, Fosun Tourism has also demonstrated outstanding operational capabilities in operating resorts and tourism destination businesses, continuously improving their profitability. Fosun International acquired Club Med in February 2015, as a result of a number of post-acquisition improvement measures, including the aggressive asset-light expansion plan, the sustained high-end strategy, leveraging China's growth drivers, and effective management incentive, etc., within just three years, the Group's resorts segment, which is largely centered around Club Med, has undergone significant improvement in performance. In 2016, the second year after the acquisition, the operating performance of the resorts segment already turned around and recorded an operating profit of RMB209.2 million. In 2017, the operating profit of the resorts segment increased to RMB464.4 million, implying a year-on-year growth rate of 122.0%.
On the back of strong improvements in Club Med's results of operations, for the year ended 31 December 2017, the Group recorded a revenue of around RMB11.8 billion, increased by 9.1% compared with the previous year, and an adjusted EBITDA of RMB746.3 million, increased by 18.4% year on year.
The development and management of tourism destinations has also begun to bear fruit, leveraging Fosun Tourism's many advantages in destination development and construction, such as its global brands and its strength in developing tourism destinations. Shortly after the official launch of Atlantis Sanya in April 2018, the occupancy rate already increased from 41.5% in May 2018 to 79.3% in July 2018. Product upgrade and product differentiation are the key to the rapid growth of the tourism destination business of Fosun Tourism. The growth is expected to sustain, especially when Atlantis Sanya entered maturity next year and beyond, we believe its performance will bring another surprise to the industry. The expected launch of entertainment shows catered to family audience before the Chinese New Year next year, as well as the gradual transfer of the ownership of the salable residential vacation units, may contribute to the increase in number of visitors to the project. The revenue of the commercial part of the project and the water park is expected to increase significantly next year. In addition, the Group has started the design of the tourism destination projects in Lijiang of Yunnan province and Taicang of Jiangsu province. The construction of the Lijiang Project is expected to commence by the end of 2018 and is expected to be completed in stages starting from either late 2020 or early 2021 and achieve full completion in the following two to three years. The construction of the Taicang Project is expected to commence in stages in 2019. It is expected to be completed in stages starting from late 2020 and achieve full completion in the following three to four years. The construction and completion of the new projects will continue to add momentum to the future development of the Group.
On the back of the steady growth of Club Med and the rapid development of Atlantis Sanya, for the nine months ended 30 September 2018, the Group recorded positive adjusted net profit, and positive EBITDA and adjusted EBITDA.
After the listing, the Group not only becomes more integrated into the global capital market, with its brand awareness enhanced internationally, it also plans to use the proceeds raised from the offering to further develop the existing business, including the resorts business, develop its digital technology infrastructure, enhance branding, promote sales and marketing activities, and develop kid learning and playing business as well as culture and entertainment business. Furthermore, the Group will also use the proceeds to develop the Lijiang and Taicang projects and explore new tourism destinations with valuable resources.
The listing is just a new beginning. As Fosun Tourism's ambition comes true, riding on the market opportunities from consumption upgrade, the Group is set to attract wider attention, as Qian Jiannong said, "We strive to make the concept of 'FOLIDAY' a synonym for tourism and leisure vacations widely recognized by families around the world, and realize our vision of bringing greater happiness to global families."
JAKARTA, Indonesia, Dec. 14, 2018 /PRNewswire/ -- ARTOTEL Group, a leading Indonesian hospitality company that seamlessly blends comfort and creativity, today announced the successful completion of a strategic investment led by sole investor Intudo Ventures. ARTOTEL Group will utilize the proceeds from the financing to expand its business offerings throughout Southeast Asia and strengthen its leading position in Indonesia.
(left - right) Mr. Erastus Radjimin, Mrs. Christine Radjimin, Mr. Patrick Yip (Intudo Ventures)
Founded in 2013 by siblings Erastus and Christine Radjimin, ARTOTEL Group is an Indonesia-based hospitality company specializing in integrated business offerings across hotel management, food & beverage, event management and curated merchandise. Under the brands of ARTOTEL and CURATED COLLECTIONS, ARTOTEL Group currently operates more than 1,000 hotel rooms featuring tasteful art inspired designs. For hotel owners, ARTOTEL Group is involved throughout the pre-opening process from conceptualization to hotel opening, providing technical assistance and best practices to deliver the highest quality exterior and interior design, space planning, engineering and construction of the hotel and its related facilities.
In the food & beverage vertical, ARTOTEL Group currently operates restaurants, bars, as well as beach clubs. Following the success of ARTOTEL Beach Club Sanur in Bali, the company has expanded its beach club operations to cover several of Indonesia's up-and-coming destinations such as Nusa Penida and Lombok. In addition, as an experience-driven hotel operator, the company also runs ARTOTEL Project Series, an event management service; and ART of Life, a curated merchandise service, working together with local creative talent and agencies to produce visually satisfying events and merchandise for hotel customers.
With this round of financing, ARTOTEL Group plans to strengthen its existing operations while also expanding its business throughout Southeast Asia. The company's strategy will focus on implementing and enhancing hotel infrastructure management, restaurant and bar, human capital management, advanced Customer Relationship Management, and a lifestyle community-based loyalty program—while continuing to incorporate artistic elements to every aspect of the hospitality experience.
In the next couple of years, the company aims to develop new hotel brands and enhance brand differentiation, including economic hotels such as BOBOTEL, as well as high-end residencies such as ARTOTEL Suite, ARTOTEL Casa, and ARTOTEL Villa. Currently, the company has a pipeline of over 50 properties under discussion for development, including 20 properties already confirmed to be in operation by 2020 and 30 properties in conceptualization phase, including hotel, restaurant & bar, and beach club properties throughout Southeast Asia.
"I am proud to receive this support from Intudo Ventures, both a smart capital and value-add partner. The concept of ARTOTEL Group all started with our vision to combine high quality hospitality with contemporary art. As market demand continues to grow, we plan to develop more hotel brands to fulfill diverse consumer hospitality needs to cover lodging, leisure, dining and beyond," said Erastus Radjimin. "On this occasion, I would like to express my gratitude to our beloved hotel owners, employees and stakeholders, whom have made it possible for us to make it this far. With their continued support, we believe that we can make ARTOTEL Group one of Indonesia's—and Southeast Asia's—most prominent hospitality companies."
"We are proud to join together with ARTOTEL Group as a strategic partner. With Indonesia's rapidly emerging middle class and consumer base, ARTOTEL Group's unique hospitality offerings are well-positioned for success." said Patrick Yip, Founding Partner of Intudo Ventures. "We hope that through our network of strategic investors and partners that we can help ARTOTEL Group further develop into one of the region's top hospitality brands and service providers."
This marks the company's first external round of investment and is designed to propel business growth and expansion. As a competitive hospitality entity, ARTOTEL Group has already achieved profitability.
About ARTOTEL Group
ARTOTEL Group is an Indonesia's hospitality company with 4 intergrated pilars of Hotel, F&B, Event Management and Curated Merchandise. As a lifestyle brand, ARTOTEL Group offers selections of accommodations, from boutique designed hotel up to premium level, from the mass market accommodation to the luxury, ARTOTEL Group has BOBOTEL, ARTOTEL, and Curated Collections. In F&B , ARTOTEL Group manages Restaurant, Bar, and Beach Club, such as BART and ARTOTEL Beach Club (ABC).
Through Event Management, under the name of ARTOTEL Project Series (APS) and Curated Merchandise of ART of Life (AOL), ARTOTEL Group has a vision to support and take part on the growth of Indonesian Creative Industry by supporting local players, collaborate with them through workshop, art exhibition, creative event, and by producing merchandise featuring artwork of emerging local artist.
Property: ARTOTEL Surabaya, Thamrin – Jakarta, Sanur – Bali, Yogyakarta, & Haniman – Ubud. ARTOTEL Beach Club - Sanur. Curated Collections: de Braga by ARTOTEL – Bandung, Alpines by ARTOTEL – Batu
Pipeline: ARTOTEL Semarang, Jakarta (Wahid Hasyim & Setiabudi). Curated Collections: Mandalika Beach Club by ARTOTEL – Lombok, Amber Beach Resort by ARTOTEL – Lombok, Cristal Bay by ARTOTEL Nusa Penida – Bali.
About Intudo Ventures
Intudo Ventures is an Indonesia-focused independent venture capital firm with a concentrated portfolio strategy that is capitalizing on the rapid growth of private consumption and the rising middle class in Indonesia. The firm acts as the Indonesia beachhead strategy for dozens of leading VC/PE/hedge funds, corporations and family offices from US, Greater China, Korea, Southeast Asia and Europe.
Intudo primarily invests in Indonesian homegrown early-stage companies led by best-in-class "S.E.A. Turtle" returnee and local founders in the consumer, finance, health/wellness and education sectors ("Target Sectors"); and selectively invests in and brings overseas breakout companies in the Target Sectors from S.E.A, emerging markets, Greater China and Silicon Valley into Indonesia.
The firm is led by a team of seasoned founders and venture investors comprised of founding partners Eddy Chan (based in Silicon Valley, Indonesia and Taiwan) and Patrick Yip (based in Indonesia) and is advised by founding advisor Timothy Chen (based in mainland China, Hong Kong and Taiwan).
The founding team has invested in dozens of early-stage companies in Indonesia, Silicon Valley and Greater China since the 1990s, including PayPal, SpaceX, Palantir Technologies, SEA Limited, CoHive, Nalagenetics, Ride Jakarta, EMQ, Oriente and BeliMobilGue. For more information, please visit http://www.intudovc.com
Becoming the world's first Pakistani restaurant to be awarded a star
HONG KONG, Dec. 13, 2018 /PRNewswire/ -- Less than 18 months after opening, New Punjab Club has become the world's first Pakistani restaurant to be awarded a Michelin star. Part of Hong Kong-based Black Sheep Restaurants, New Punjab Club's co-founder, and proud Pakistani, Syed Asim Hussain's most personal project to date. The group was also awarded a star for its neo-Parisian restaurant BELON making Hussain (at just 33 years old) the youngest restaurateur in the world to hold two Michelin stars.
AS YOU KNOW by Manjunath Kamath, digital print on archival paper
Speaking about the award, Hussain comments, "For New Punjab Club to be recognised after just 18 months and for a cuisine as niche as a traditional Punjabi is an amazing achievement and honour for the team. But to be recognised for a story so deeply personal to myself, one that elevates not only our cuisine but also our community, we couldn't be more proud."
New Punjab Club celebrates post-colonial liberation of the subdivided region of Punjab. Hussain considers restaurants an artform in themselves but is a lover of all the arts, hand picking all of the works within New Punjab Club which houses the largest restaurant collection of contemporary Pakistani art in the region. The eclectic, rotating collection includes works by recently assassinated A.S. Rind, Mughees Riaz's iconic Ravi riverscapes, and the award-winning Saeed Akhtar. Like everything else about the restaurant the artwork is deeply personal to Hussain and serves to narrate the story the restaurant tells to guests each night.
Palash Mitra, the Executive Chef of South Asian Cuisine for Black Sheep Restaurants, heads the kitchen and is as boisterous as the restaurant itself. Mitra has created a menu of hearty dishes that stay true to the heart of this unique cuisine centred around two smoky tandoor ovens, painstakingly restored from Hussain's father's former Wyndham Street restaurant, The Mughal Room.
Black Sheep Restaurants, is just six years into its journey and had no aspirations in its inception in 2012 other than to bring the culinary flavours and nuances of the world to it neighbourhood of SoHo in Hong Kong. By ignoring conventional wisdom and refusing to compromise, co-founders Christopher Mark and Syed Asim Hussain have continued to move the needle forward and have been repeatedly recognised as the region's best restaurateurs. Beginning humbly with one restaurant, they now have a portfolio of 21 restaurants, with no intentions of slowing down.
HONG KONG, Dec. 13, 2018 /PRNewswire/ -- This month, CNN's 'With Me As Your Guide' takes viewers on a journey through South Korea with those who know the country best. From a Michelin-starred chef to a celebrated music producer, CNN highlights the people and the places that make South Korea unique through the eyes of these experts. Join CNN on a journey to go beyond K-pop, learn the secrets of K-beauty, get a taste of Korean craft beer and food, feel the country's street culture and see how technology has transformed South Korea into one of Asia's most exciting destinations.
Highlights of the 30-minute show include:
See Seoul on foot
There is hardly a better way to explore Seoul's urban landscape and its hidden gems than on foot, with some of Seoul's fittest and hippest runners. Led by a designer, model, MC, influencer and businessman, PRRC1936 is a running group that is helping to redefine attitudes towards fitness in South Korea. CNN joins James Lee McQuown, co-founder of PRRC1936, to explore the city by hitting the streets of Seoul.
More beats beyond K-pop
To explore Korea's music scene beyond its famous K-pop export, CNN meets Min June Park, also known as DJ Soulscape, who is an all-round guru on the variety of music his country has to offer. His studio produces some of Korea's lesser known sounds and his music shop shelves vinyl records from funk, soul, psychedelia and the country's traditional music styles.
Life in the internet fast lane
With some of the world's fastest internet speeds, South Korea is well connected and driven by technology. South Korea has transformed itself from one of the poorest countries to the one of the richest in less than a century, embracing technology like nowhere else. CNN visits a "PC bang" to experience Korean super-fast internet in action with Korean entrepreneur and tech blogger Keith Kim.
The science of beauty
Beauty in South Korea is about more than just skin refining and pore perfecting, it is about self-care. From facial Pilates to a futuristic skin lab, CNN follows Alicia Poon, founder of Korean skin care brand Peach and Lily, to see why Seoul is rapidly becoming one of the beauty capitals of the world.
A new kind of craft on Korea's culinary scene
With attention to detail and a focus on fresh ingredients characteristic of Korean cuisine, the craft beer craze has hit Jeju Island. Korean chef and restaurateur Sid Kim brings CNN to a local brewery which experiments with tastes and aromas from cinnamon to tangerine, combined with homegrown hops to create South Korea's own craft beer.
The taste of old and new Korea
Korea's rich gastronomic culture serves up some of the most intricate dishes on the global culinary scene. Michelin-starred chef Jun Lee gives CNN a taste of both the past and future of Korean food in the largest fish market in Seoul as we explore what makes Korean food so unique.
'With Me As Your Guide' is produced by CNN Vision, the global creative production powerhouse of CNN International, which brings the world's breath-taking diversity into cinematic focus, telling stories that inspire audiences around the world.
The 30-minute special airs at the following times:
Airtimes for 30-minute special: Sunday, 16th December at 0330 HKT, 0930 HKT, 1400 HKT and 2030 HKT Monday, 17th December at 1230 HKT and 1730 HKT
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CNN's portfolio of news and information services is available in seven different languages across all major TV, digital and mobile platforms reaching more than 475 million households around the globe. CNN International is the number one international TV news channel according to all major media surveys across Europe, the Middle East and Africa, the Asia Pacific region and Latin America and has a US presence which includes CNNgo. CNN Digital is a leading network for online news, mobile news and social media. CNN is at the forefront of digital innovation and continues to invest heavily in expanding its digital global footprint, with a suite of award-winning digital properties and a range of strategic content partnerships, commercialised through a strong data-driven understanding of audience behaviours. Over the years CNN has won multiple prestigious awards around the world for its journalism. Around 1,000 hours of long-form series, documentaries and specials are produced every year by CNNI's non-news programming division, CNN Vision. CNN has 36 editorial offices and more than 1,100 affiliates worldwide through CNN Newsource. CNN International is part of Turner, a WarnerMedia company.
ZHENGZHOU, China, Dec. 13, 2018 /PRNewswire/ -- Radisson Blu, the upper-upscale hotel brand that delivers personalized service in stylish spaces, has opened an impressive new hotel in Zhengzhou, one of China's fastest-growing cities and a thriving trade and transport hub.
Radisson Blu Zhengzhou Huiji Opening Ceremony
Perfectly positioned next to the Jialu River, Radisson Blu Zhengzhou Huiji is a newly-constructed hotel that offers scenic retreats close to the bustling city center, beautiful mountains and wetlands around the Yellow River. Close proximity to natural areas like Five Dragons Peak, urban districts like Wanda Plaza and the Zhengzhou International Convention & Exhibition Centre make this the perfect base to experience every side of Henan's provincial capital.
With its blend of modern amenities and natural beauty, Radisson Blu Zhengzhou Huiji is an enchanting urban oasis. The hotel features spacious 36-45 square meter superior rooms to the luxurious 260 square meter Presidential Suite, all featuring free Wi-Fi, working space and 24-hour room service. The hotel rooms feature stunning views of the Jialu River, the riverside gardens or the city, and the Business Class Lounge provides bespoke services for guests staying in the executive rooms or suites.
Guests can discover exquisite local and international cuisine at a choice of innovative F&B outlets, including TASTE, the all-day dining restaurant showcasing international flavours, FLAVOR, which specializes in Cantonese cuisine. Guests can also enjoy and unwind over coffee, cocktails and light snacks at the Lobby Lounge.
Radisson Blu Zhengzhou Huiji also houses an array of amenities for guests to stay refreshed and fully focused throughout their stay, including an elegant indoor swimming pool, a 24-hour fitness centre and a business centre.
For meeting planners, the hotel offers 1,500 square meters of flexible function space, including a Grand Ballroom that can host up to 1,200 people and five meeting rooms, supported by professional support and cutting-edge technology.
"We are delighted to open Radisson Blu Zhengzhou Huiji, as we continue to bring our collection of world-class brands to China's most dynamic destinations. Home to approximately ten million people, Zhengzhou is one of China's most important inland cities. A booming economic, commercial and transport centre, this strategic central metropolis symbolizes the exciting growth that is currently sweeping across China," commented Gary Ye, Vice President, Operations, China, Radisson Hotel Group.
"With an idyllic riverfront setting, nestled between the city and the mountains, Radisson Blu Zhengzhou Huiji provides contemporary accommodation and exceptional amenities for all types of guest, from business travellers and conference delegates to families and urban explorers," he added.
Connected by the G30 Lianhuo Expressway, Radisson Blu Zhengzhou Huiji is easily accessible and free parking is offered to all hotel guests. Zhengzhou Xinzheng International Airport is one of China's busiest airports, with extensive connections from multiple domestic and international airlines.
"We are excited to welcome guests to this fast-growing city and to Radisson Blu Zhengzhou Huiji. With our stylish design, innovative amenities and 'Yes I Can!' service ethos, I am confident that all guests will enjoy memorable stays with us," said Daniel Feng, General Manager, Radisson Blu Zhengzhou Huiji.
Radisson Blu Zhengzhou Huiji joins a growing collection of Radisson Blu hotels in China, including impressive upper-upscale properties in key destinations such as Shanghai，Wuxi and Chongqing. Guests at every Radisson Blu hotel will enjoy the brand's unique Yes I Can! service ethos and unforgettable experiences with every stay.
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ABOUT RADISSON HOTEL GROUP
Radisson Hotel Group? (formerly Carlson Rezidor Hotel Group) is one of the world's largest hotel groups with eight distinctive hotel brands, more than 1,400 hotels in operation and under development around the world. The Radisson Hotel Group portfolio includes Radisson Collection?, Radisson Blu®, Radisson®, Radisson RED®,Park Plaza®, Park Inn® by Radisson, Country Inn & Suites® by Radisson and prizeotel. Guests can benefit from the newly rebranded Radisson Rewards? (formerly Club Carlson SM), a global rewards program that delivers unique and personalized ways to create memorable moments that matter to our guests. Radisson Rewards offers exceptional loyalty benefits for our guests, meeting planners, travel agents and business partners. Radisson Meetings? offers a variety of fully-equipped meeting and event venues featuring fast free Wi-Fi, A/V technology and on-site contacts designed to make every event unique. More than 95,000 global team members work for the Radisson Hotel Group and at the hotels licensed to operate in its systems.
Perfectly positioned next to the Jialu River, Radisson Blu Zhengzhou Huiji offers scenic retreats close to the bustling city centre. The hotel features 272 contemporary styled guestrooms and suites, with ample work space and complimentary Wi-Fi. Guests can discover exquisite local and international cuisine at a choice of innovative F&B outlets, including TASTE, the all-day dining restaurant showcasing global flavours, FLAVOR, which specializes in Cantonese cuisine. With 1,500 square meters of flexible function space, including a Grand Ballroom that can host up to 1,200 people and five meeting rooms, Radisson Blu Zhengzhou Huiji is also able to cater to various meeting and event needs.