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LoginSeptember 11,According to the announcement of Wanda Hotel Development Co., Ltd.,Received notice from Sunac China on September 10。According to notification,Sunac China has notified Wanda Hotel Development,Due to the impact of the new crown epidemic and the adjustment of Sunac 188bet app China’s business strategy,Will terminate the management agreement with Wanda Hotel Development regarding 21 hotels held by Sunac Group and managed by Wanda Hotel Development。
According to the announcement,The 21 hotels include 19 hotels in operation and 2 hotels under construction and not yet in operation。
Wanda Hotel Development Statement,The company and Sunac China are currently negotiating on follow-up arrangements for termination and potential compensation for the group。
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