[photopress:milleniumhongqiaoday.jpg,full,alignright]Millennium & Copthorne Hotels has entered into an agreement with Beijing Xiangjiang Xingli Real Estate Developmentto develop and operate a 5-star hotel at the Beijing Fortune Plaza mixed-use development site along Dongsanhuan North Road in Chaoyang District.
The Hotel, to be called The Millennium Beijing, will be 28 levels with 520 guest rooms. The Hotel is scheduled to open before the Olympics. Construction of the frame of the building has already been completed.
The Millennium Beijing will be similar to the Millennium Hongqiao Shanghai (shown here), a 350 bedroom 5-star property.
Source: London Stock Exchange