Wanda Hotel Development Company Limited [0169.HK] Stock Forecast

Wanda Hotel Development Company Limited, an investment holding company, engages in the property development, investment, leasing, and management activities in the People's Republic of China (PRC). It operates through three segments: Hotel Operation and Management; Hotel Design and Construction Management Services; and Investment Properties Leasing. The company develops, leases, and sells commercial and residential properties. It is also involved in the design, development, construction, operation, and management of hotels; and provision of hotel design and construction management services, as well as related consultancy and other ancillary business. As of June 30, 2022, the company operated and managed a network of 97 hotels with 24,609 rooms covering 78 cities in the PRC and Istanbul of Turkey. It operates hotels under the Wanda Reign, Wanda Vista, Wanda Realm, Wanda Jin, Wanda Yi, Wanda Moments, and Wanda Yue brands. The company was formerly known as Wanda Commercial Properties (Group) Co., Limited and changed its name to Wanda Hotel Development Company Limited in October 2014. The company is based in Central, Hong Kong. Wanda Hotel Development Company Limited is a subsidiary of Wanda Commercial Properties Overseas Limited.