Directory of Central SOEs

China National Travel Service (HK) Group Corporation (CTS)

Updated: Apr 22, 2019 Print
Share - WeChat

Founded in April 1928, The China National Travel Service (HK) Group Corporation is China’s largest travel group and a State-owned enterprise under the direction of the State-Owned Assets Supervision and Administration Commission of the State Council. The group is engaged in tourism, industrial investment (iron and steel), real estate development and logistics trade, providing a comprehensive qualified service marking its predominance within the industry. Its leading position was strengthened through mergers with China Merchants International Travel Co and China Travel Company in 2005 and 2007 respectively.

The travel business is the core of the group. As the leading travel service company in China, HKCTS has 8 regional companies, over 150 subsidiaries and 500 branches in major Chinese cities - 43 branches and offices are in Hong Kong & Macao - as well as 21 overseas branches in 16 countries.

HKCTS Metropark Hotels Management Co Ltd operates over 150 hotels with its own brands as Metropark and Travelers Inn, situated in major cities and attractive holiday regions within Mainland China, Hong Kong and Macao, as well as overseas.

HKCTS invests in and operates various tourist attractions, theme parks and resorts including the Window of the World, Splendid China, and the Ocean Spring Resorts in Zhuhai, Qingdao, and Xianyang.

HKCTS also provides other tourism services such as transportation and performance arts. China Travel Tours Transportation Services HK Ltd is one of the largest cross-border bus companies in Hong Kong. China Heaven Creation International Performing Arts Co Ltd has developed series of entertainment representing high standards of tourism performance. It is pioneering the Chinese culture industry to go abroad having brought The White House Theatre in Branson, US, and staged the show “The Legend of Kungfu” there on an on-going basis. HKCTS is also uniquely authorized to provide ‘Home Return Permit’ and ‘Taiwan Compatriot Pass’ services in Hong Kong.

In real estate, HKCTS is positioned as a development operator for tourist destination, holiday resorts, urban residential and commercial property distributed in central cities and economically developed areas in China, such as Shanghai, Shenzhen, Suzhou, Shenyang, and Qingdao. The company has developed famous residential buildings such as the Shenzhen CTS International Residence, Shenyang CTS International Town, and Qingdao Ocean Resort CTS Residence, as well as top grade office buildings such as the Shenzhen CTS tower and the Mangocity Tower.

In addition, HKCTS also owns the Shanxi Weihe Power Plant, the largest thermal power plant in north-western China, as well as China CTS Asset Management Corporation.

HKCTS’ blueprint for 2011 to 2020 calls for it to adhere to the scientific development concept and make great efforts to build itself into a tourist conglomeration with international competitiveness.


Copyright©2024 China Daily. All rights reserved.


京公网安备 11010502032503号 京公网安备 11010502032503号