In the past 5 years alone, UA stepped into hospitality by acquiring a large stake of QiuGuo ( www.qiuguohotel.com ), an investment that is consistent with our strategy to enhance our global business. During 2016-2020, QiuGuo has built up a strong hotel portfolio by owning total 167 boutique hotels in China.
Average annual occupancy of "QiuGuo" hotels: 96.7%
Average annual RevPAR: RMB 558.78 (= USD
$80.00)
Average annual ADR: RMB 500~800 (=USD
$72.00~115.00)
Average Cash-on-cash return: 30%
Like any true conglomerate, UA is diversifying its portfolio. In February 2021, UA executed the purchase from Goldman Sachs for the Holiday Inn NRG/Medical Center Area in Houston.
This upscale Holiday Inn provides private gate access to NRG Stadium. The NRG stadium is the home of the National Football League's Houston Texans, the Houston Livestock Show and Rodeo, the Texas Bowl, many of the United States men's national soccer team's matches, Mexico national football team friendlies where El Tri serves as the host, and other events. The stadium served as the host facility for Super Bowls XXXVIII (2004) and LI (2017), and WrestleMania 25 (2009).
Less than 2 miles from Texas Medical Center (TMC), the world's largest medical center, the Holiday Inn has easy access to Baylors St.Luke's, MD Anderson, Memorial Hermann and Texas Children's Hospital. Our location is ideal to explore Houston's top attractions including Downtown Houston, the famous business and shopping district of the Galleria, Toyota Center, Rice University and University of Houston. Take advantage of our complimentary shuttle that serves within a 3 mile radius.
UA Group is thrilled to welcome patients from the world to get the best treatment in Texas Medical Center by staying at our property Holiday Inn NRG/TMC. We provide on-site translation services in Chinese, Japanese and Spanish.
"We don't just build projects, we build relationships." This is what UA Hospitality Management strives to do everyday with our investors, development partners, communities in which we exist and, most importantly, the GUESTS who stay in our properties.
Hotel Management
Asset Repositioning
Projections & Proforma Feasibility
Property Level Accounting
Asset Level Management
Pre-Opening Coordination