Youxi Film Hotel
No. 11, Fuhe Road, Yinxi Subdistrict, Fuqing, Fujian, China
Overview
Youxi Movie Hotel operates movie‑themed hotels that combine film IP, themed guest rooms, movie derivative products, film‑themed social spaces, and film shooting facilities to create an immersive experience. The company launched a 2.0 product emphasizing a “green hotel” concept with upgraded self‑check‑in and smart control systems, wall‑size screens, and 5.1 surround audio to enhance in‑room viewing. Its model includes licensed film content and synchronized cinema playback, and it has secured authorized film sources from partners such as Xi'an Film Studio, China Film Group and Beijing Film Academy. By April 2019 Youxi had opened 20 hotels and planned to open over 100 nationwide within 2019. The company also provides promotional support and has worked on publicity for more than 100 films to date. CEO Jia Chao (贾超) said the latest financing will be used for team building, store expansion, and new product R&D. 有戏电影 operates themed hotels using a “movie + accommodation” model, decorating properties with film sculptures and staff in movie-themed costumes and offering high-definition films, TV and live-streaming. The company has focused since 2016 on refining its hotel service system and building direct-run locations. As of the article, it has more than a dozen open hotels with average occupancy above 95% and repeat rates well above typical economy hotels. Average room rates are reported at ¥400–¥900; a single hotel generates roughly ¥10 million in annual revenue with net margins of 40%–50%, allowing about a one-year payback. Beyond hotel operations and private-theater revenue, the company plans to develop additional income from merchandise and promotional channels. Reported near-term plans include national expansion and continued product and technology development.
- Total raised
- $16M
- Funding rounds
- 2
- Latest round
- Series A
- Latest activity
- Apr 2018
Industries
- Hospitality
- Hotel
Recent funding
Series A
Apr 2018
$16M
Team
No current team members are available.