Fairmont Expands Reach Into China With Luxury Hotel Project in Hangzhou

Fairmont Expands Reach Into China With Luxury Hotel Project in Hangzhou 
Fairmont Hangzhou Slated to Open in 2017 
TORONTO, ONTARIO -- (Marketwired) -- 09/26/13 -- 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 (672.hk) today announced Fairmont
Hangzhou, a new luxury hotel development in the capital city of
Zhejiang province in the heart of Yangtze River Delta region, Eastern
China.  
Expected to open in 2017, Fairmont Hangzhou will feature 300 rooms,
five diverse dining outlets, a health club and swimming pool, a
Willow Steam Spa, and more than 32,000 square feet (3,000 square
meters) of meeting and banquet space. The project will also include
180 Fairmont Serviced Residences, providing access to private
concierge services and other exclusive amenities. 
Like many of its iconic sister hotels around the world, which lay
claim to some of the best addresses in town, Fairmont Hangzhou will
be located atop the city's tallest building, enjoying an enviable
spot in the heart of Qianjiang Century CBD, an upcoming business
center that will house large scale meeting and convention venues,
Grade A office towers, high-end residences and commercial and retail
spaces. 
"We continue to expand our footprint in China and are excited to be
adding a hotel in a major domestic market like Hangzhou," said
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."   
Mr. Shi Zhongan, Chairman of the Board, Zhong An Real Estate Limited
said "Hangzhou International Office Center is a landmark project
located in the core area of Hangzhou Qianjiang Century CBD. This
project possesses great development potential and has gained great
attention from the market. It combines a high-end hotel, commercial
facilities, office space, and serviced apartments into one
development, which incorporates the world's leading design and green
architecture practices. Fairmont being one of the top hotel
management companies in the world has strong brand visibility and a
solid high-end customer base. With our partnership, we come together
to share resources and to create a successful win-win collaboration.
The entrance of the Fairmont hotel will further enhance the brand
influence of Hangzhou International Office Center and accelerate the
overall financial and business service development of Hangzhou
Qianjiang Century CBD."  
Often referred to as one of China's most beautiful cities, Hangzhou
is home to the celebrated West Lake, a UNESCO World Heritage Site,
which features various temples, pagodas and gardens. The freshwater
lake has served as influence to poets and painters over the ages and
is also believed to have been an important source of inspiration for
garden designers throughout China and Asia. Other well known
historical and cultural sites include Solitary Hill, the Tomb of
General Yue Fei, the Six Harmonies Pagoda and the Ling Yin Temple.
The area is also home to the world's largest tidal bore, which rushes
up the Qiantang River.  
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). 
About Fairmont Hotels & Resorts 
Fairmont Hotels & Resorts is a celebrated collection of more than 65
luxury properties around the globe, including Shanghai's Fairmont
Peace Hotel, The Plaza in New York, and Makkah Clock Royal Tower in
the Kingdom of Saudi Arabia. The luxury brand's distinctive hotels
offer a sense of heritage and sophistication, warm, engaging service
and culturally rich experiences. Fairmont balances the company's
economic, environmental and social priorities and provides the
framework for responsible hotel operations through the Sustainability
Partnership program. For more information or reservations, please
call 1-800-441-1414 or visit fairmont.com.  
About FRHI Hotels & Resorts 
FRHI Hotels & Resorts (FRHI) is a leading luxury hotel management
company that operates over 105 hotels globally under the Fairmont,
Raffles, and Swissotel brands. The company's distinctive portfolio of
luxury and upper upscale hotels features celebrated icons,
world-class resorts and stylish city center hotels. Some notable
hotels include the Raffles Singapore, Swissotel The Bosphorus, The
Fairmont San Francisco and London's The Savoy. Focused on growing its
distinctive hotel brands, the company is also developing new hotels
in key locations around the world including exciting projects in
China, Russia, India, Turkey and Saudi Arabia. The company also
manages Fairmont and Raffles branded estates and luxury private
residence club properties. For more information, please visit
frhi.com. 
About Hengli Management Co., Ltd 
Founded in 2006, Hengli Management Co., Ltd is a subsidiary of Zhong
An Rea Estate Limited, a leading real estate development company in
Yangtze River Delta. The company, and its subsidiaries, are focused
on mixed-use, commercial and residential development and have more
than 40 projects under development. 
Contacts:
Mike Taylor
Director, Public Relations
416/874-2457
mike.taylor@frhi.com 
Susie Lim-Kannan
Director, Public Relations, Asia Pacific
+65 6496 1236
susie.lim-kannan@frhi.com
 
 
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