Four-Star Hotel and Conference Center Project

in the Newly Developed District

1. Project Background

    The project aims to comply with the strategy of Luoyang to develop Sui Tang Dynasties hot route for tourists and natural scenery tourism and to improve service quality in order to provide ¡®guests-feel-at-home¡¯ enjoyment for tourists. Yanshi is one of the 26 key counties or cities for development approved by the provincial government of Henan. In January 2003, the new ¡®Overall Planning of Yanshi City¡¯ was authorized by People¡¯s Government of Henan Province to carry it into practice. The overall planned city area is 130.6 square kilometers. By 2020, the population will increase to 320,000,and the land use scale will be 33 square kilometers. The construction of new developed area mainly includes 2 square kilometers central administrative zone, 5 square kilometers centralized industrial zone, 400 mu commercial zone, residential area, and sports and entertainment area.At present, main roads such as West Huaxia Road, Du Fu Road, and Zhang Heng Road of the central administrative zone have been completed and open to traffic. At the same time, underground utilities, street lamps, and greening have all been completed, which costs 40 million RMB.

2.Project Site

    The project is situated in the new developed area of Yanshi, which is close to the No. 310 national highway,500 meters south of Longhai railway, and 1 kilometer away from Lianhuo expressway. Therefore, the location advantage is very distinct. Yanshi is a satellite city of Luoyang, just 30 kilometers away from Luoyang. There are only 2 four-star hotels in urban Luoyang, so many tourists choose to stay at Yanshi during tourist high season.

3.Construction Scale

    The project occupies an area of more than 60 mu and plans to build a four-star hotel, which will become an integrated services place covering catering, accommodation, entertainment, leisure, business, and shopping. The hotel will have 200 guest rooms, and the exhibition center can hold a meeting of more than 500 people and set aside expanding room for five-star hotel. With the continuous heating up of the development of Yanshi¡¯s new developed zone and tourism, passenger flow volume will increase at an extremely high rate. Nowadays, more than 1 million domestic and foreign tourists come to visit Luoyang and Yanshi every year.

4.Investment Return and Estimation

    The overall investment on the project is estimated to be 80 million RMB. Put into practice, the annual revenue is estimated to reach 15 million RMB, with 10 million RMB profit each year.

5.Cooperative Means

    Exclusive venture, joint venture, or cooperative venture

Contact Firm: Yanshi Merchant & Service Bureau, Henan province

Contact: Yang Jihong    Chang Qingjun    Ren Jialiang

Tel£º (086) 379--67723668        

Fax£º(086) 379¡ª67738890                

Website£º www.ysszs.com                         

        E-mail£º ysszs@ysszs.com