{"id":63300,"date":"2017-08-10T11:44:41","date_gmt":"2017-08-10T04:44:41","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/wanda-hotels-shares-soar-on-wang-jianlins-plan-to-turn-it-into-a-hotel-and-theme-park-manager\/"},"modified":"2017-08-10T11:58:55","modified_gmt":"2017-08-10T04:58:55","slug":"wanda-hotels-shares-soar-on-wang-jianlins-plan-to-turn-it-into-a-hotel-and-theme-park-manager","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/wanda-hotels-shares-soar-on-wang-jianlins-plan-to-turn-it-into-a-hotel-and-theme-park-manager\/","title":{"rendered":"Wanda Hotel\u2019s shares soar on Wang Jianlin\u2019s plan to turn it into a hotel and theme park manager"},"content":{"rendered":"<p>&#013;<br \/>\nChinese magnate Wang Jianlin, fresh from an epic sale of 77 of his hotels and 13 theme parks to pursue what he calls an \u201casset light\u201d business model, has injected the management and operations of his erstwhile assets into one of his Hong Kong affiliates, as he rearranges his corporate portfolio after closing China\u2019s largest real estate disposal.<br \/>\nIn an overnight announcement, Wang announced the sale of Wanda Culture Travel innovation Group and Wanda Hotel Management Co. for a&#8230;&#013;<br \/>\n&#013;<br \/>\nSource : South China Morning Post&#013;<br \/>\nRead more&#8230;<a href=\"http:\/\/www.scmp.com\/business\/companies\/article\/2106202\/wanda-hotels-shares-soar-wang-jianlins-plan-turn-it-hotel-and\" target=\"_blank\">Wanda Hotel\u2019s shares soar on Wang Jianlin\u2019s plan to turn it into a hotel and theme park manager<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#013; Chinese magnate Wang Jianlin, fresh from an epic sale of 77 of his hotels and&#46;&#46;&#46;<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"false","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","footnotes":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true},"categories":[1],"tags":[],"class_list":["post-63300","post","type-post","status-publish","format-standard","hentry","category-property-news"],"jetpack_featured_media_url":"","jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p75ss1-gsY","jetpack-related-posts":[{"id":60300,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/wang-jianlin-sells-most-of-wanda-hotel-and-tourism-portfolio-to-rival-magnate-for-us9-3-billion\/","url_meta":{"origin":63300,"position":0},"title":"Wang Jianlin sells most of Wanda hotel and tourism portfolio to rival magnate for US$9.3 billion","date":"July 10, 2017","format":false,"excerpt":"\r Wanda Group, one of China\u2019s most aggressive overseas asset buyers of recent years, has announced the disposal of the majority of magnate Wang Jianlin\u2019s hotel and tourism portfolio to a rival, in the country\u2019s biggest single property transaction, as it raises funds to repay loans. Wanda will sell 76\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":118030,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/billionaire-wang-jianlins-wanda-group-sells-chicago-tower-as-it-continues-to-trim-multibillion-dollar-debt\/","url_meta":{"origin":63300,"position":1},"title":"Billionaire Wang Jianlin\u2019s Wanda Group sells Chicago tower as it continues to trim multibillion-dollar debt","date":"July 30, 2020","format":false,"excerpt":"\r Dalian Wanda Group, controlled by Chinese billionaire Wang Jianlin, is selling another overseas asset to pare its multibillion-dollar debtload.Its Hong Kong-listed unit Wanda Hotel Development has agreed to sell its 90 per cent stake in the 101-storey Vista Tower for US$270 million to Chicago-based real estate company Magellan Parcel,\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":64395,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/wanda-hotel-first-half-loss-widens-to-hk300-million\/","url_meta":{"origin":63300,"position":2},"title":"Wanda Hotel first-half loss widens to HK$$300 million","date":"August 23, 2017","format":false,"excerpt":"\r Losses at Wanda Hotel Development, the overseas platform of Chinese tycoon Wang Jianlin\u2019s Dalian Wanda Group, widened to HK$300 million (US$38.3 million) in the first half of 2017, no thanks to a substantial loss from the disposal of a Madrid development project. The first-half loss was also eight times\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":22905,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/shareholders-approve-plan-by-chinese-billionaire-wang-jianlin-to-delist-wanda-commercial-from-hong-kong\/","url_meta":{"origin":63300,"position":3},"title":"Shareholders approve plan by Chinese billionaire Wang Jianlin to delist Wanda Commercial from Hong Kong","date":"August 15, 2016","format":false,"excerpt":"\r Billionaire Wang Jianlin\u2019s HK$34 billion plan to buy back his Dalian Wanda Commercial Properties was approved by shareholders on Monday, a big step forward in the tycoon\u2019s plan to relist his Hong Kong listed property arm on the Chinese mainland.\r \r Source : South China Morning Post\r Read more...Shareholders\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":20390,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/wanda-exits-spanish-market-with-e265m-sale-of-madrid-landmark\/","url_meta":{"origin":63300,"position":4},"title":"Wanda exits Spanish market with \u20ac265m sale of Madrid landmark","date":"July 21, 2016","format":false,"excerpt":"\r Billionaire Wang Jianlin\u2019s Dalian Wanda Group has agreed to sell the Edificio Espana building in Madrid to Spanish investment group Baraka, in a move that will see the Chinese company exit the Spanish real estate market after feuding with city authoriti\r \r Source : South China Morning Post\r Read\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":35206,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/dalian-wandas-backdoor-listing-deal-with-beijing-soft-rock-called-off\/","url_meta":{"origin":63300,"position":5},"title":"Dalian Wanda\u2019s backdoor listing deal with Beijing Soft Rock called off","date":"November 21, 2016","format":false,"excerpt":"\r Tycoon Wang Jianlin\u2019s ambitions to relocate his real estate empire from Hong Kong to mainland China isn\u2019t going as smooth as expected as a mainland-listed company on Monday announced the termination of a deal with his Dalian Wanda Group. Beijing Soft Rock Investment Group said in a statement to\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/63300"}],"collection":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/comments?post=63300"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/63300\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=63300"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=63300"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=63300"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}