Daily Newsletter

13 June 2023

Daily Newsletter

13 June 2023

Diaoyutai MGM Hospitality debuts with first dual-brand project in Qingdao

Diaoyutai MGM Hospitality’s inaugural dual-brand project, Diaoyutai Hotel Qingdao and MGM Qingdao. has opened in the Laoshan district.

Claire Jenns June 12 2023

The opening ceremony of Diaoyutai Hotel Qingdao and MGM Hospitality Qingdao was celebrated at the Qingdao Financial Centre under the theme of "Light and Shadow - Making a Beautiful City Dream Come True".

The collaborative effort between the two hotels marks Diaoyutai MGM Hospitality's debut under two distinct names, highlighting its investment and management by SID (Qingdao) Investment Development.

It focuses on offering high-end luxury and incorporating both old and new Qingdao, located in the Shandong Peninsula.

Diaoyutai Hotel Qingdao features a Royal Court Chinese restaurant with panoramic views, while the MGM Qingdao has 334 rooms with five dining options.

The Diaoyutai name pays homage to Emperor Zhangzong of the Jin dynasty. Over time, the Diaoyutai state guesthouse has evolved into a significant venue where Chinese leaders handle both domestic and foreign affairs.

The first MGM hotel opened in Las Vegas in 1973 following the success of the entertainment organisation MGM Studios. It was the world’s largest hotel complex at the time, and the brand now owns 31 properties globally.

In 2022, Diaoyutai MGM Hospitality signed a hotel management deal with Shanghai West Bund Development to bring the MGM brand to Shanghai West Bund (Group).

Qingdao is becoming a popular destination for hoteliers looking to establish themselves in China. In 2022, Accor signed a deal to grow the Mövenpick by Accor brand in the country, with the first hotel set to open in Qingdao in 2023.

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