Swiss International Hotels (China) has signed a Franchise Agreement with YOKO International Corporation of Taipei on September 10, 2015, to develop their business in the Taiwan region. The agreement is part of the companies' shared strategy to build a solid presence in the Taiwan hospitality market that is strategically located across the straits from Fujian Province in the south of China.
Swiss International Hotels (China) presently owns and operates two landmark hotels in Xiamen and Nanchang with further locations under development in Shanghai, Beijing, Guiyang, Kunming, Hangzhou and Wuyishan.
YOKO International Corporation is a public listed company in Taiwan and is active in various businesses, such as high tech products, surveillance facilities, commercial hotels and overseas E-commerce, and plans to operate 3-5 new hotels across Taiwan within the next five years, the first property being a 270 room hotel in the high-tech development zone of Hsinchu, west of Taipei, that is scheduled to open in 2017.
