Fairmont Hotels Expands Reach into China
Monday September 30th, 2013 - 10:35AM P
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TORONTO—FRHI Hotels & Resorts (FRHI), the parent company of luxury hotel brand Fairmont Hotels & Resorts, and Hengli Management Co., Ltd, the subsidiary of Zhong An Real Estate Limited, will open Fairmont Hangzhou, a luxury hotel development in the capital city of Zhejiang province in the Yangtze River Delta region, Eastern China, in 2017.
Fairmont Hangzhou will feature 300 rooms, five dining outlets, a health club and swimming pool, Willow Stream Spa and more than 32,000 sq. ft. of meeting and banquet space. The project will also include 180 Fairmont Serviced Residences, providing access to private concierge services and other exclusive amenities.
“We continue to expand our footprint in China and are excited to be adding a hotel in a major domestic market like Hangzhou,” stated Jennifer Fox, president, FRHI International and Fairmont Brand. “It’s a city that is renowned for its culture, history and beauty, as well as a destination that attracts both domestic and international travelers. Furthermore, with rail and airport expansion projects underway, and visitor numbers expected to rise, it’s an opportune time to be entering the market.”
Fairmont Hangzhou joins the luxury brand’s growing collection of hotels in China including Fairmont Peace Hotel, Shanghai; Fairmont Beijing; Fairmont Yangcheng Lake; Fairmont Nanjing (2013); Fairmont Chengdu and Residences, China (2014); and Fairmont Taiyuan (2016).
Tags: Fairmont • China • Hospitality • Openings •
When you hear all the lodging industry projections for the months and years to come, much of the robust growth is forecast to be the result of the expected influx of travelers from China. In what could only be seen as good news for the industry, that expectation moved a little closer to reality when President Obama signed a visa waiver extension for Chinese travelers earlier this month.