BEIJING, October 20, 2026 – The discussions were positive, candid and constructive. The delegation was accompanied by Huo Yan, Chairman of Key Co. and NUO International Hotels Mgmt. Co., Ltd., and the executive management team of Key International Hotels Management Co., Ltd. (“Key International”).
During the meeting, both parties reviewed their long-standing and solid history of collaboration and expressed their appreciation for the achievements of their joint venture, Key International. His Excellency H. E. Ayman Tawfeeq Abdulrahman Almoayed emphasised that Kempinski highly values its long-term partnership with BTG Hotels. Building on this strong foundation, Kempinski remains committed to deepening its presence in the Chinese market and expanding its involvement in the development and management of high-end hotels across China.
To support high-potential luxury hotel projects across the country, Kempinski plans to allocate additional resources to ensure smooth project execution and delivery, further strengthening its strategic position in this important market. In addition, drawing on its extensive global hotel network and local operational expertise, Kempinski expressed its strong commitment to supporting BTG Hotels’ international brand development. By helping both brands expand into overseas markets, Kempinski aims to strengthen global synergies and promote shared growth.
Bai Fan, Chairman of BTG Hotels (Group) Co., Ltd., warmly welcomed H.E. Ayman Almoayed and his delegation and expressed his sincere gratitude to Kempinski for its continued engagement and long-standing support. Chairman Bai noted that BTG Hotels places great importance on its enduring strategic relationship with Kempinski. BTG Hotels looks forward to leveraging Key International as an established joint venture platform to explore collaboration with Kempinski across a wider range of business areas, including tourism and premium services, while identifying further opportunities for joint development. Chairman Bai expressed strong confidence that, with both parties committing resources and combining their service capabilities, this long-standing partnership would gain fresh momentum, open up broader development opportunities and advance to a new stage of mutually beneficial cooperation.
Both parties reached a consensus on the key priorities for the next phase of collaboration. Building on their established strategic objectives, they will focus on project implementation, continuing to provide the necessary resources and operational support to move ongoing initiatives forward. The meeting further strengthened the foundations of a stable, long-term and mutually beneficial partnership, underscoring BTG Hotels and Kempinski’s shared commitment to developing China’s high-end hospitality market and promoting the sustainable, high-quality growth of the luxury travel and hospitality industry.
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