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China Vanke is divesting its ski resort operations to China Travel International Investment for 100 million yuan, as it navigates financial struggles in a to...

Edited by WorldBlink Editorial Team

Content source: Forbes

Published on: 03 October 2025

In-depth analysis

Destinations updates

The acquisition of the Lake Songhua Resort by China Travel International Investment marks a significant shift in the management of prominent ski destinations in China. This includes the Seibu Prince Hotel and Zhanyun Salomon Hotel, which are expected to benefit from enhanced operational support as the ski industry continues to gain traction in the region.

Tourism trends

The ski industry in China is experiencing robust growth, with skier visits increasing by nearly 30% over the past year. This trend reflects a rising interest in winter sports and outdoor activities among domestic travelers.

Travel safety

As the ski industry expands, ensuring the safety of visitors remains a priority. Ski resorts are implementing enhanced safety protocols and training for staff to accommodate the growing number of skiers and ensure a secure environment for all guests.

Upcoming travel plans

With the anticipated opening of the world’s largest indoor ski resort in Shenzhen, travel plans are likely to shift, attracting more visitors to urban ski experiences. This development is expected to further stimulate interest in winter sports tourism across China.

Did you know?

Why this should be on your list

The sale of Lake Songhua Resort is a significant moment in China's evolving tourism narrative. As winter sports gain traction, this acquisition speaks to the potential for an enriched skiing culture. Travelers should keep an eye on how this shift may enhance resort experiences, shaping future adventures in China’s winter wonderland.

The locals' secret

Few visitors know that the Lake Songhua Resort is not just a winter destination; it also features stunning summer activities like hiking and fishing, making it a year-round retreat. The lake itself is home to diverse wildlife, offering nature enthusiasts a glimpse into the region's rich biodiversity.

A traveler's diary

Consider the story of Li Wei, a passionate skier from Harbin who spends every winter at Lake Songhua. For him, this resort is more than just a place to ski; it's a second home where he reconnects with friends and family. He recalls the thrill of racing down the slopes, surrounded by towering pines, and the warmth of evenings spent sharing hot pot with loved ones. With the recent acquisition, Li hopes that new investments will breathe fresh life into the resort, enhancing amenities and preserving the community's spirit. As China’s ski scene blossoms, he dreams of witnessing the resort transform into a premier winter sports destination, where both locals and travelers can create lasting memories.

Expert Commentary

The acquisition of Lake Songhua Resort by China Travel International Investment exemplifies a strategic pivot in China’s tourism and real estate sectors. As the ski industry gains momentum, this move not only addresses Vanke's financial struggles but also positions China Travel to leverage growing consumer interest in winter sports, enhancing its competitive edge in a rapidly evolving market.

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In-depth analysis

Destinations updates

Tourism trends

Travel safety

Upcoming travel plans

Did you know?

Why this should be on your list

The locals' secret

A traveler's diary

Expert Commentary

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