The Wanda Reign on the Bund – Shanghai’s first ‘seven-star’ hotel

Wanda Reign On The Bund Now Open. The property is billing itself as the city’s first “7-star” hotel. Wanda Hotels & Resorts made its grand debut in Shanghai with its flagship hotel, Wanda Reign on the Bund, which is the 51st hotel of the group and the third hotel of its ultra-luxury hotel brand – Wanda … Read more

Luxury yacht-maker Sunseeker acquired by the largest Chinese property group

“Wanda’s acquisition of Sunseeker is strategic.” Although the private yachting market is in its early stages in China, this industry is growing rapidly. China’s consumption has been growing, with an exceptionally strong appetite in the luxury market. In 2012 China surpassed Japan as the world’s largest luxury market and by 2015 McKinsey & Co. predicts … Read more