Lates News

According to AI Fast News, on February 13th, Pacific Securities issued a research report giving a "buy" rating to Shangri-La Hotel (600258.SH). The reasons for the rating mainly include: 1) Event: Shangri-La Hotel's indirectly wholly-owned subsidiary Home Inn Chain (China) Co., Ltd. plans to invest 280.51 million yuan to build a new hotel property (including renovation and supporting projects) on the original site in Fuhu High-tech Zone, Wujiang District, Suzhou City; 2) This layout is the company's strategic landing to deeply cultivate the mid-to-high-end hotel track, focus on core city clusters, and optimize development models; 3) In terms of regional layout, both projects are located in high-potential core areas, accurately capturing regional development dividends; 4) In terms of product structure, both projects focus on the mid-to-high-end track, accelerating the company's brand upgrades and breaking away from dependence on low-end market; 5) In terms of development model, the "new construction + leasing" dual-mode complements each other, balancing long-term asset accumulation and short-term benefit release. (Daily Economic News)