SM Prime returns to its roots with new ₱4-billion luxury hotel in Fujian province

SM Prime broadens China footprint with new hotel

XIAMEN, China – Philippine property giant SM Prime Holdings Inc. has diversified its real estate portfolio in China, birthplace of the late SM group founder Henry Sy Sr., with a 450-million yuan (P4-billion) investment in an upscale hotel in this coastal city. Voco Xiamen SM City is a 325-room hotel within its most mature property […]...Keep on reading: SM Prime broadens China footprint with new hotel

SM Prime returns to its roots with new ₱4-billion luxury hotel in Fujian province

XIAMEN, China — SM Prime Holdings Inc., one of Southeast Asia’s largest integrated property developers, has opened a ₱4.1 billion hotel in China’s southern Fujian province, its first hospitality venture on the mainland as the company consolidates its focus on its late founder's home region.The company stated that the debut of this upscale, 325-room hotel aligns with China’s accelerating regional tourism push fueled by rising inbound arrivals, em…