BEIJING, July 21, 2020 /PRNewswire/ -- Phoenix Tree
Holdings Limited ("Danke" or the "Company") (NYSE: DNK), one of the
largest co-living platforms in China with the fastest growth, announced that
its branded product, Dream Apartment, is joining hands with the
Asian Alliance for Food and Beverage Industry to launch an employee
accommodation rent discount plan to support employees in the
catering industry in finding affordable apartments.
The Asian Alliance for Food and Beverage Industry, founded in
2014, is a Beijing-based
organization jointly established by Chinese agricultural product
manufacturing company New Hope Group Co., Ltd., Chinese
conglomerate and investment company Fosun Group, and several casual
dining franchises including Haidilao, Xibei Youmian Cun,
Huang Ji Huang, etc. By combining
resources, the alliance is committed to protecting catering
employees and customers and to advancing the catering industry in
mainland China.
The catering industry has been severely hit by the COVID-19
pandemic. It is common practice for most catering businesses in
China to provide employee
accommodations on top of salaries, to maintain employee welfare.
Companies are often required to pay multiple months of rent and the
deposit up-front, putting more pressure on firms already facing
cash flow challenges due to the pandemic. At the same time,
employee dormitories face strict neighborhood entrance controls,
forced lease-terminations and rental disputes.
To help solve the challenges in seeking and renting affordable
apartments, and to help ease the financial burden on industry
members amid the COVID-19 pandemic, Dream Apartment and the Asian
Alliance for Food and Beverage Industry expect to jointly provide
rent discounts valued at more than RMB 5
million to catering businesses in Beijing, Shanghai and Shenzhen. The plan features a series of
measures, including short-term rental services, rent discounts,
deposit waivers and free cancellation services, to help ensure safe
dormitories and services for catering business employees.
Dream Apartment provides standardized and value-for-money rental
services, taking strict precautions to help residents stay healthy
amid the COVID-19 pandemic. Dream Apartment has taken actions,
including making sure that all staff wear personal protective
equipment, applying strict building entrance controls such as
temperature checks and real name registration, and implementing
daily comprehensive disinfection of common spaces and dormitories.
It has introduced high-quality resident-centric services including
increasing onsite guards, posting online and offline reminders and
updates on the COVID-19 pandemic, delivery pick-ups, and group
ordering for groceries.
Danke introduced "Dream Apartment" in 2018. The service leases
entire buildings, or several floors, to transform them into
well-renovated and fully furnished dormitory-style apartments with
multiple beds in each room, which are then rented out to corporate
clients for employee accommodation. Dream Apartment provides a
hassle-free living experience offering comfortable rooms, Wi-Fi,
24/7 onsite management and security, repair and maintenance, and
daily cleaning. Building amenities include shared gym, lounges,
laundry rooms and mailroom services. By providing value-for-money
options to businesses for employee accommodation, Dream Apartment
improves employees' living environment and increases employee
satisfaction. As of July 15, 2020,
Danke operates 11 widely-recognized Dream Apartment facilities in
Beijing, Shanghai and Shenzhen with a total of 11,000 beds,
providing dormitory-style apartments for tens of thousands of
corporate employees.
ABOUT DANKE
Danke, one of the largest co-living platforms in China with the fastest growth, is redefining
the residential rental market through technology and aims to help
people live better. Empowered by data, technology, and a
large-scale apartment network, Danke's vibrant and expanding
ecosystem connects and benefits property owners, residents, and
third-party service providers, and delivers quality and
best-in-class services through an innovative "new rental" business
model featuring centralization, standardization, and a seamless
online experience. Danke was founded in 2015 and is headquartered
in Beijing, China. For more
information, please visit ir.danke.com.
CONTACTS
Danke PR
Email: pr@danke.com
Edmond Lococo
ICR, Inc.
Email: DankePR@icrinc.com
Phone: +86 138-1079-1408
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SOURCE Phoenix Tree Holdings Limited