Alliance Of China Hotel Owners Formed
April 1, 2009: The Alliance of China Hotel Owners has been set up in Beijing with the guidance of the China Tourism Association and the China Tourist Hotels Association.
It is understood that ACHO has been established as an open and non-profit organization for China´s hotel investment companies and affiliated companies. Its initiators not only include hotel companies such as Jinjiang International, Beijing Tourism Group, and CTS Hong Kong, but also real estate companies such as Wanda Properties and China´s state owned companies, civil aviation service providers, railway hotels, professional consulting companies, and tourism related schools.
ACHO is expected to be a platform for hotel owners to exchange and communicate with each other, improve management levels, and strengthen the cooperation with stakeholders — particularly hotel investment institutions.