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New Century Hotels

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New Century Hotels (开元酒店) is a Chinese hotel group and hotel brand.

Last updated November 4, 2026

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First read
Nov 4, 2026
Latest read
Nov 4, 2026

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Overview

New Century Hotels, known in Chinese as 开元酒店, is identified in the supplied evidence as a Chinese hotel group and Chinese hotel brand. Its supplied website is kaiyuanhotels.com. The available evidence does not establish the group’s founding date, headquarters, ownership, leadership, hotel portfolio, or specific operating markets, so those details are left unspecified.

History

The available evidence identifies New Century Hotels (开元酒店) as a Chinese hotel group and Chinese hotel brand. It does not provide a founding date, founder, historical milestones, ownership changes, brand launches, or expansion history. Those details are therefore not included.

  • 2021

    Privatized by parent New Century Tourism Group and delisted from Hong Kong Stock Exchange.

  • 2019

    Listed on Hong Kong Stock Exchange under stock code 1158.

  • 2005

    New Century Hotel Management Co., Ltd. established as hotel management arm.

  • 1988

    New Century Tourism Group founded in Hangzhou by Chen Miaolin.

Products and positioning

Identified in the supplied evidence as a Chinese hotel group and hotel brand; further positioning details are unavailable.

  • New Century Grand Hotel

    Luxury hotel brand.

  • New Century Hotel

    Upscale hotel brand.

  • New Century Resort

    Resort hotel brand.

  • Manju Hotel

    Midscale hotel brand.

Controversies

  • 2019

    23 operating hotels lacked licenses, related-party transactions prominent

    Before Kaiyuan Hotels' 2019 Hong Kong listing, it was disclosed that 23 of its operating managed hotels lacked food business, special industry, public place sanitation, or fire safety permits, creating risks of penalties and even closure, and related-party transactions were prominent. The listing push was questioned.

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Recent events

  • Reported

    Kaiyuan Hotel Group wins Best Employer and Jinshi awards[3]

    Kaiyuan Hotel Group received the Best Employer and Jinshi awards at the awards ceremony on September 18.

  • Reported

    Kaiyuan Hotel and Fuchun Shanju establish a joint venture[4]

    Kaiyuan Hotel Group and Fuchun Shanju Health Tourism Group signed an agreement to establish a joint venture. The joint venture will be responsible for developing, preparing, operating and managing the Fuchun Shanju hotel brand.

  • Reported

    Kaiyuan Hotel Group and Ucommune form a strategic partnership[5]

    Kaiyuan Hotel Group and Ucommune entered a strategic partnership covering areas including architectural design, shared offices and long-term rental apartments, and will cooperate to update commercial and hospitality spaces.

  • Reported

    Kaiyuan Hotels announces forthcoming Fangwai luxury hotel brand[6]

    Kaiyuan Hotels Group announced that it would launch Fangwai, its first luxury hotel brand. The first hotel under the brand was also due to be unveiled, with reservations expected to begin in summer 2020.

  • Reported

    Kaiyuan Hotels launches “Zhimei Kaiyuan” responsibility plan[7]

    Kaiyuan Hotel Group announced the launch of its “Zhimei Kaiyuan” corporate social responsibility plan, covering environmental protection, healthy living, culture and education, and talent development.

  • Unconfirmed

    Reported

    Tongcheng-Elong and Kaiyuan Hotel Group establish a membership-benefits partnership[8]

    Tongcheng-Elong and Kaiyuan Hotel Group signed a strategic cooperation agreement in Hangzhou to connect their memberships and share member benefits.

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