Yantai University has entered into an agreement with ELBA Hotel Group (China) for a new hotel inside the university.
The new hotel will be four-star standard, integrating lodging, dining, and business. It will have a registered capital of USD1.5 million.
Located to the west of Yellow Sea, with an airport and railway station within 30 minutes' drive, Yantai University is said to be in the ideal area for business.
ELBA Hotel Group (China) Limited has more than 40 years of experience in hotel planning and management, especially in construction preparation and planning, hotel business operation, expansion, and management.