{"id":33765,"date":"2006-08-15T06:00:34","date_gmt":"2006-08-14T22:00:34","guid":{"rendered":"http:\/\/www.chinahospitalitynews.com\/2006\/08\/15\/new-century-hotel-acquires-shaoxing-oriental-venice-hotel\/"},"modified":"2006-08-15T06:00:34","modified_gmt":"2006-08-14T22:00:34","slug":"new-century-hotel-acquires-shaoxing-oriental-venice-hotel","status":"publish","type":"post","link":"https:\/\/www.chinahospitalitynews.com\/cn\/2006\/08\/15\/33765\/","title":{"rendered":"New Century Hotel Acquires Shaoxing Oriental Venice Hotel"},"content":{"rendered":"<p>A representative from New Century International Hotel Management Company disclosed that the company will sign a management contract with Shaoxing Oriental Venice Hotel later this month.<!--more--><\/p>\n<p>The parties have conducted a three-month due diligence of the hotel and are now finalizing the investigation into its assets.<\/p>\n<p>New Century Hotel will manage the hotel by renting it for fifteen years. As many of the existing facilities at Oriental Venice Hotel do not meet the relevant government standards, New Century Hotel will invest RMB80 million to carry out a comprehensive renovation.<\/p>\n<p>Local media reports that having been in operation for one year, the business at the Oriental Venice Hotel is not as good as people expected.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>A representative from New Century International Hotel Management Company disclosed that the company will sign a management contract with Shaoxing Oriental Venice Hotel later this month.<\/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":[],"class_list":["post-33765","post","type-post","status-publish","format-standard","hentry","category-english"],"_links":{"self":[{"href":"https:\/\/www.chinahospitalitynews.com\/cn\/wp-json\/wp\/v2\/posts\/33765","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=33765"}],"version-history":[{"count":0,"href":"https:\/\/www.chinahospitalitynews.com\/cn\/wp-json\/wp\/v2\/posts\/33765\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.chinahospitalitynews.com\/cn\/wp-json\/wp\/v2\/media?parent=33765"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.chinahospitalitynews.com\/cn\/wp-json\/wp\/v2\/categories?post=33765"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.chinahospitalitynews.com\/cn\/wp-json\/wp\/v2\/tags?post=33765"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}