Asia Pacific Investment House raises $25M for HMB Avication resort development in China

Asia Pacific Investment House (APIH) completed its round one funding for resort development HMB Avication in China, raising $25 million. With a total project projection of $50 million, the second round is now open to investors.

A 263-acre resort, HMB Avication is to be located in Fogang. The resort includes luxury villas, community properties, natural lakes, hot springs and a mountain peak water park. The resort will be divided into various districts each providing specialized services and amenities, including a hotel, commercial district, medical center, wellness & spa facilities, fitness clubs, 18-hole golf course, driving range, clubhouse, fine dining, entertainment center, equestrian ranch, pilot training, command and maintenance centers.

Supporting Fogang's strategy for urban and economic development, approximately 1,000 jobs will be created.

Virtual Roundtable

Post COVID-19: The New Guest Experience

Join Hotel Management’s Elaine Simon for our latest roundtable—Post COVID-19: The New Guest Experience. The experts on the panel will share how to inspire guest confidence that hotels are safe and clean and how to win back guest business.

Suggested Articles

M3 has partnered with Avero, a restaurant revenue-management software company serving the food-and-beverage industry.

Wyndham is relaxing requirements for Wyndham Rewards members to achieve status for the rest of 2020.

This roundup features details on 15 new properties operating in the United States.