Artyzen Hospitality Group Expands to Xi'an with New Luxury Lifestyle Hotel

SHANGHAI, CHINA - Media OutReach Newswire - 10 February 2025 - Artyzen Hospitality Group (AHG), a wholly owned subsidiary of Shun Tak Holdings Limited (HKSE: 242) today announced a management agreement with Xi'an Yang's Real Estate Development Co.

, Ltd. (Xi'an Yang's Real Estate) to open its first Artyzen Hotels and Resorts luxury lifestyle hotel in Xi'an, China. This marks AHG's debut in China's ancient capital and the continuation of its purposeful growth strategy.

Artyzen Xi'an is slated to open in the first quarter of 2028, featuring approximately 280 guest rooms that blend elegant style with contemporary aesthetics. Located in the heart of the central business district within the Xi'an Hi-Tech Industrial Development Zone, the hotel is near the Xi'an Grand Theatre. Designed by Wang Shu, China's first Pritzker Prize-winning architect and an urban planning consultant for the Xi'an municipal government, this theatre is also China's first newly built large-scale theatre to utilise an immersive sound system. Its groundbreaking acoustic design creates an extraordinary three-dimensional audio-visual experience. Artyzen Xi'an will collaborate with surrounding cultural facilities to form a cultural tourism ecosystem, celebrating Xi'an's rich heritage as the starting point of the Overland Silk Road and its contemporary innovative vitality.

"As the inaugural city of the national 'one belt and one road' initiative, Xi'an's significance as a historical centre and a hub for innovation makes it an ideal location for Artyzen Hotels and Resorts," said Rogier Verhoeven Executive Director and President, Group Hospitality Division, Shun Tak. "We are committed and confident that this project will become Xi'an's landmark cultural tourism destination."

Yang Zengtian, Chairman of Xi'an Yang's Real Estate, noted, 'This collaboration with AHG represents a significant step toward our vision of creating a gateway showcasing Xi'an's rich culture and technological innovation while enhancing tourism and strengthening the local community."

Sunny Li, Vice President, China, AHG, added, "We are delighted to partner with Xi'an Yang's Real Estate and contribute to the growth of Xi'an's hospitality sector. We are looking forward to creating immersive guest experience celebrating Xi'ans unique cultural heritage and its modern charm."

Artyzen Hotels and Resorts brand is a collection of individually crafted luxury lifestyle hotels that celebrate the unique culture and heritage of each locale. Artyzen Xi'an will continue this tradition, incorporating local motifs and architectural styles into a modern aesthetic. Guests can expect curated experiences, immersing them in Xi'an's heritage and unique flavour, offering a journey of discovery that nourishes the mind, body, and soul. Artyzen Xi'an will join 17 other Artyzen properties across the Asia Pacific region to promote the development of the cultural tourism economy.
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About Artyzen Hospitality Group

Artyzen Hospitality Group (AHG), a wholly owned subsidiary of Shun Tak Holdings Limited (HKSE: 242) is a homegrown lifestyle hospitality specialist with two flagship hotel brands: Artyzen Hotels and Resorts, and Artyzen Habitat. Additionally, AHG operates a collection of distinctive lifestyle properties, including The Shàng by Artyzen, YaTi by Artyzen, and Grand Coloane Resort. AHG's portfolio also includes service apartments, restaurants and bars, as well as a conference centre. For more information, please visit www.Artyzen.com.

About Shun Tak Holdings Limited:

Shun Tak is a leading conglomerate active in the Greater Bay Area and listed on the Hong Kong Stock Exchange. The Group is a forerunner in Macau and Hong Kong's tourism and transportation scene, and has established a sizable portfolio of infrastructure investments and integrated developments spanning major economic zones across China, including the Pearl River Delta, Yangtze River Delta and Beijing-Tianjin-Hebei Region. It is also expanding its footprint in the Singapore real estate market through recent acquisitions of premium properties and land parcels in downtown locations. With "Tourism +" as its growth strategy, the Group strives to harness its cross-sectoral experience in property, transportation, infrastructure, integrated commercial projects, hospitality and investments to deliver economic value for regions it operates in, as well as contribute to the country's national development blueprint.