American Wave Machines inks deal for China surf resort By Investing.com



SOLANA BEACH, CA – American Wave Machines, Inc. (AWM), a pioneer in surf technology, has entered into a partnership with China Tourism Group to establish the first PerfectSwell® Surf Resort in China. The development will be situated in Riyue Bay, known as Sun and Moon Bay, in Wanning on the island of Hainan, which is renowned for its surf conditions and has hosted international competitions for eleven years.

The upcoming Riyue Bay Surf Resort is designed to be a multi-use development, featuring a surf-themed hotel and a designer hotel with a total of 132 rooms in its initial phase. Additional amenities will include a shopping district, bars, restaurants, a surf retail shop, and a skate park, centered around the PerfectSwell® Surf Pool (NASDAQ:). The second phase of the project plans to expand the hotel and offer more lodging options.

PerfectSwell® Surf Technology, developed by AWM, is the only sequence-based, pneumatic surf technology on the market, and is protected by over 50 patents globally. This technology is expected to provide both high-performance waves for experienced surfers and accessible conditions for beginners. The resort aims to attract international surf tourists while also fostering local talent and expanding the surfing community within China.

Kuan Zhao, surf park director of the resort, highlighted the significance of PerfectSwell® for Chinese athletes, stating that it will enable China to advance its commitment to nurturing world-class athletes in surfing, an Olympic sport. He also emphasized the resort’s potential to offer a world-class experience for surfers of all levels.

Miquel Lazaro, lead engineer from AWM, expressed enthusiasm about introducing PerfectSwell® to China’s surf scene, anticipating a positive impact on the local culture and talent development.

The collaboration with China Tourism Group, a state-owned enterprise with a vast industry structure in travel and tourism, marks a significant step for American Wave Machines in expanding its global footprint in surf destinations.

This news is based on a press release statement from American Wave Machines, Inc.

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