{"id":19333,"date":"2011-02-14T05:31:17","date_gmt":"2011-02-13T21:31:17","guid":{"rendered":"http:\/\/www.chinahospitalitynews.com\/en\/?p=19333"},"modified":"2011-02-14T05:31:17","modified_gmt":"2011-02-13T21:31:17","slug":"swiss-liberty-acquires-swissotel-kunshan","status":"publish","type":"post","link":"https:\/\/www.chinahospitalitynews.com\/cn\/2011\/02\/14\/19333\/","title":{"rendered":"Swiss Liberty Acquires Swissotel Kunshan"},"content":{"rendered":"<p>Jones Lang LaSalle Hotels, representing Kingdom Hotel Investments, has announced that it has inked a sale-and-purchase agreement for shares with Swiss Liberty Sdn Bhd, a wholly-owned subsidiary of TA Global Bhd, to buy the business and hotel of Swissotel Kunshan in Kunshan, China for USD61 million.<!--more--><\/p>\n<p>Andreas Flaig, the managing director of Jones Lang LaSalle Hotels in China, said that Swissotel Kunshan will offer excellent opportunities for income growth in a city that is primed for continued economic expansion and healthy business fundamentals.<\/p>\n<p>TAG said the acquisition would boost its hospitality operations in major cities worldwide, besides expanding its operations in China.<\/p>\n<p>Situated in the city center of Kunshan, the five-star Swissotel Kunshan features 387 guest bedrooms, four restaurants, a spa center, gym, and meeting facilities of 958 square meters.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Jones Lang LaSalle Hotels, representing Kingdom Hotel Investments, has announced that it has inked a sale-and-purchase agreement for shares with Swiss Liberty Sdn Bhd, a wholly-owned subsidiary of TA Global Bhd, to buy the business and hotel of Swissotel Kunshan in Kunshan, China for USD61 million.<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[12723],"tags":[13083,13084,13085,4189,12309,13086,13087],"class_list":["post-19333","post","type-post","status-publish","format-standard","hentry","category-english","tag-acquisition","tag-jones-lang-lasalle-hotel","tag-kunshan","tag-mice","tag-swiss-liberty","tag-swissotel","tag-ta-global-bhd"],"_links":{"self":[{"href":"https:\/\/www.chinahospitalitynews.com\/cn\/wp-json\/wp\/v2\/posts\/19333","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.chinahospitalitynews.com\/cn\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.chinahospitalitynews.com\/cn\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.chinahospitalitynews.com\/cn\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.chinahospitalitynews.com\/cn\/wp-json\/wp\/v2\/comments?post=19333"}],"version-history":[{"count":0,"href":"https:\/\/www.chinahospitalitynews.com\/cn\/wp-json\/wp\/v2\/posts\/19333\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.chinahospitalitynews.com\/cn\/wp-json\/wp\/v2\/media?parent=19333"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.chinahospitalitynews.com\/cn\/wp-json\/wp\/v2\/categories?post=19333"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.chinahospitalitynews.com\/cn\/wp-json\/wp\/v2\/tags?post=19333"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}