Wanda commercial Management Group

Affected by the new crown epidemic in 2020, various industries across the country will be greatly impacted, and the service industry will be even more affected. Wanda Group has actively responded to it and adopted effective measures. With its brand influence and operating capabilities, Wanda's physical service industry performance in 2020 will be outstanding and exceed market expectation.

Among them, in 2020, the national Wanda Plaza occupancy rate is 99.4%, and the rent collection rate is 99.9%. In order to support small and medium-sized businesses in fighting the epidemic, the national Wanda Plaza will reduce rents by more than 4.33 billion yuan in 2020. If this factor is deducted, the national Wanda Plaza rents in 2020 This was an increase of 8.1% year-on-year in 2019. Taking the fourth quarter of 2020 as an example, the passenger flow of 368 Wanda Plazas across the country increased by 6.4% year-on-year, and sales increased by 15.8% year-on-year; the passenger flow of comparable Wanda Plazas nationwide rose to 97.4% year-on-year in 2019, and the sales of comparable Wanda Plazas nationwide increased year-on-year in 2019. 7.7%.

In the fourth quarter of 2020, the domestic movie box office of Wanda Cinemas recovered to 86.5% of the same period in 2019. In 2020, Wanda Cinema’s national box office market share reached 15.4%, an increase of 1.2 percentage points from 2019.

In the fourth quarter of 2020, the passenger flow of Wanda Baby King Children's Park recovered to 91% of the same period in 2019, and its revenue recovered to 100% of the same period in 2019.

Wanda Hotel Management's revenue in the fourth quarter of 2020 reached 102.7% of the same period in 2019. According to a report by the authoritative tourism research STR, Wanda Hotel's operating performance in 2020 is 20% higher than the national level. According to the evaluation of the third-party organization Huiping.com, Wanda Hotel's operational quality score reached 94.9 points, ranking first in the industry for the first time in the country, higher than the scores of all international hotel management groups in China.