hotel [11]

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Citigroup to invest in Ginwa hotel in China

Thu, 20 Sep 2007 22:40:31 +0000 | China Economic Review Hotel News

Citigroup’s property investment arm plans to invest in a hotel owned by China’s Ginwa Enterprise, part of the U.S. investment bank’s program to acquire shopping malls and hotels in China’s major cities. Citigroup will soon sign an agreement with Ginwa to invest in its five-star Howard Johnson Ginwa Plaza Hotel, in the northwestern city of Xian. [...]


Good times set to roll on for hotel sector

Tue, 25 Sep 2007 23:25:38 +0000 | China Economic Review Hotel News

Consultancy firm Jones Lang LaSalle Hotels is of the opinion the outlook is rosy for the hotel market in Beijing and Shanghai in the next two years, with the 2008 Beijing Olympics and 2010 Shanghai World Expo just around the corner. This is a conclusion that has been universally accepted. However, the consultancy has put [...]


Fairmont to manage Beijing property

Sun, 23 Sep 2007 20:38:14 +0000 | China Economic Review Hotel News

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 [...]



Marriott opening more hotels in China

Sun, 30 Sep 2007 19:57:18 +0000 | China Economic Review Hotel News

Following the opening of two Marriott hotels in Beijing and Shanghai, Marriott has said that it intends to develop another 30 hotels in China before 2010. The new 23-story, 588-room JW Marriott Hotel Beijing is said to be the 3,000th hotel of the group. J. W. Marriott Jr., the 76-year-old chairman of Marriott International, which claims [...]


Accor adds yet another line

Mon, 08 Oct 2007 18:54:56 +0000 | China Economic Review Hotel News

The new name is Pullman. Accor is positioning Pullman as an upscale hotel somewhere between the first-class hotel Sofitel and Novotel. Think of Pullman as being designed for the upmarket business traveler and you have it about right. Gilles Pelisson, CEO of Accor and seen here, said ?The idea of Pullman is to fill a position [...]


China World Trade will manage Hotel Nanchang

Thu, 11 Oct 2007 18:57:22 +0000 | China Economic Review Hotel News

China World Trade will be in charge of the hotel renovation work of Lakeview Hotel Nanchang, Jiangxi Province, a four-star hotel on Huxin Island. It was opened in 1996 with 302 guest rooms and suites. The hotel will reopen before October 2008. China World Trade will also provide consultancy services to Lakeview Hotel through its [...]


Dubai luxury hotelier to open in China

Wed, 17 Oct 2007 21:01:04 +0000 | China Economic Review Hotel News

Jumerrah, a Dubai-based luxury hospitality group, plans to operate five hotels in China by 2011. The hotel management firm, which runs the Burj Al Arab, claimed to be the world’s most luxurious inn and self-awarded seven stars, will open its first flagship hotel in the Asia-Pacific region ? the 338-room Jumeirah HanTang Xintiandi ? [...]


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