[photopress:hotels_peace_hotel.jpg,full,alignright]Fairmont Hotels & Resorts will run the 25-story Fairmont Beijing, in the Central Business District location, starting next year. This hotel will have 235 rooms.
The announcement comes five months after Fairmont started restoring the Peace Hotel in Shanghai.
The property owner, Thailand-based Reignwood Group, said it has a 20-year management agreement with the hotel operator. Yu Bin, project pre-opening director of Reignwood, said the Canadian management team will come to Beijing next month, and recruitment will start in November.
The construction of the building will be completed by the year-end, and the pre-opening is scheduled for next May.
He noted that in 2009, Beijing’s hotel sector will experience a short-term downturn after the Olympics climax, and ‘we believe Fairmont will help us go through the period smoothly. After all, the supply of hotel rooms in Beijing is still not enough.’
The 100-year-old Fairmont has 51 hotels in 12 countries, and more than 20 properties are currently being developed.
Peace Hotel Shanghai, seen here, will open in 2010. Hong Kong and South China’s Hainan Province will be Fairmont’s next destinations.
Source: China Daily