LOS ANGELES, Jan. 10, 2016 (GLOBE NEWSWIRE) -- On Sunday, January 10, One Beverly Hills of the Wanda Group will be the host site for the Weinstein Company - Netflix and Fox Studio Golden Globes after parties. The 8-acre site is being transformed with two pavilions totaling 32,000 square feet of space for their Golden Globe nominees and friends. One Beverly Hills is the future home of luxury residences and hotel designed by Richard Meier & Partners Architects.
One Beverly Hills is Wanda’s flagship property in the western United States. Acquired by Wanda in 2014, the highly diversified company has multiple interests in show business and entertainment. Wanda Hotels & Resorts currently owns or operates more than 80 5-star hotels in China and is building new resorts and hotels in London, Chicago, and Sydney and the Gold Coast in Australia in addition to One Beverly Hills.
The Wanda Culture Group umbrella includes AMC Theaters, purchased in 2012, making the company the world’s largest cinema chain, in combination with company’s cinema chain in China and Australia’s Hoyts chain. Wanda’s Qingdao Oriental Movie Metropolis is currently under construction and will include the world’s largest movie production facility upon completion. The state of the art facility will include 30 sound stages, including the world's largest 107,000 square foot sound stage. The studio will offer full-service production support in addition to a world-class post production facility and backlot.
About The Wanda Group
The Wanda Group was founded in 1988 by Chairman Wang Jianlin and operates in the following major areas: luxury hotels, commercial property, entertainment and tourism, department stores and e-commerce. In 2014, the company’s assets totaled $85.6 billion and annual income reached $38.8 billion.
Wanda Hotels and Resorts Co. Ltd, a subsidiary of The Wanda Group, has opened 82 luxury hotels through December 2015. The Wanda Group is currently expanding its global development activities, undertaking high profile projects in some of the world’s most desirable locations, including Chicago, London, Madrid, Sydney, and the Gold Coast. Each of these developments will feature a Wanda luxury hotel at its core.
Wanda has opened over 80 luxury hotels by 2015, surpassing more than 32 million square feet in operating area while becoming the world’s largest owner of luxury hotels.
For more information about The Wanda Group, please visit www.wanda-group.com
Contact: Adam Englander (310) 717-8311 or [email protected]


Apple Opens iPhone to Alternative App Stores in Japan Under New Competition Law
Maersk Vessel Successfully Transits Red Sea After Nearly Two Years Amid Ongoing Security Concerns
Micron Technology Forecasts Surge in Revenue and Earnings on AI-Driven Memory Demand
Blackstone Leads $400 Million Funding Round in Cyera at $9 Billion Valuation
Toyota to Sell U.S.-Made Camry, Highlander, and Tundra in Japan From 2026 to Ease Trade Tensions
TikTok U.S. Deal Advances as ByteDance Signs Binding Joint Venture Agreement
Instacart Stock Drops After FTC Probes AI-Based Price Discrimination Claims
ANZ New CEO Forgoes Bonus After Shareholders Reject Executive Pay Report
Delta Air Lines President Glen Hauenstein to Retire, Leaving Legacy of Premium Strategy
Republicans Raise National Security Concerns Over Intel’s Testing of China-Linked Chipmaking Tools
Nike Shares Slide as Margins Fall Again Amid China Slump and Costly Turnaround
Trump Administration Reviews Nvidia H200 Chip Sales to China, Marking Major Shift in U.S. AI Export Policy
Treasury Wine Estates Shares Plunge on Earnings Warning Amid U.S. and China Weakness
Union-Aligned Investors Question Amazon, Walmart and Alphabet on Trump Immigration Policies
FedEx Beats Q2 Earnings Expectations, Raises Full-Year Outlook Despite Stock Dip
Volaris and Viva Agree to Merge, Creating Mexico’s Largest Low-Cost Airline Group
OpenAI Explores Massive Funding Round at $750 Billion Valuation 



