Hainan Wanghai International Hotel was completed and opened in 1984. At that time, it was called Wanghailou Hotel. It is located in Haixiu East Road, the most prosperous business district in downtown Haikou. It is one of the earliest landmark hotels in Hainan and one of the earliest foreign-related tourist hotels. More than 20 years' hard work has witnessed the glorious course of Hainan's 20 years' establishment of a provincial special zone. With the rapid development of social economy and tourism in Hainan, hotels have developed from ordinary guest houses before the establishment of the province to four-star hotels now. For more than 20 years, the hotel has gone through the initial state-owned system, with 1987 changed to the Sino-foreign cooperative management system, 1990 returned to the state-owned system, 1998 changed to a private joint-stock enterprise, and changed from a state-owned enterprise originally affiliated to Hainan Commercial Group Company to a private enterprise affiliated to the First Investment and Merchants Company. Hainan Wanghai International Hotel has undergone fierce market economy competition and reform and opening up in Hainan Special Economic Zone. There are both twists and turns after the restructuring of 1998 and the glory after the comprehensive transformation in 2003. In the past 20 years, Hainan Wanghai International Hotel has experienced the ups and downs of social and economic development in Hainan Special Economic Zone and the challenges and tests of market economy, and has always been in an invincible position, and has gradually built a corporate brand "Wanghai Building" with local characteristics in Hainan.

Liu Xiaomei, a bar singer who sang in Wanghailou Hotel, was Xie Yuxin who later became popular in China.