to Manage a 558-room Westin hotel at Chaoyang District, Beijing
|Singapore, March 17, 2006 – Starwood Hotels & Resorts Worldwide,
Inc (NYSE: HOT) and Beijing Modern Asia – Pacific Real Estate Co Ltd. announced
an agreement for Starwood to manage a 558-room Westin hotel at Chaoyang
district : The Westin Beijing at Chaoyang, Beijing.
The Westin Beijing at Chaoyang will part of a multi-purpose complex comprising hotel, office towers and retail space, and will be located in Liangma He, at Chaoyang District. The district is home to a good part of Beijing's diplomatic quarters, with many embassies located in the area and is the second most populous district of Beijing. The famous Sanlitun bar street also finds its home in Chaoyang district, as well as Beijing's evolving Central Business District and the Olympic Park that is being built for the 2008 Summer Olympics. There is also easy access to the highway link to Beijing International Airport. In addition to its 558 guest rooms, The Westin Beijing at Chaoyang will feature approximately 16,400 square feet of meeting space, four food and beverage outlets, a health club and a spa.
The signing of The Westin Beijing at Chaoyang heralds the continued expansion of Westin Hotels & Resorts in China. The Westin Beijing at Chaoyang will be the sixth Westin hotel in mainland China and the second in Beijing, joining The Westin Shanghai, The Westin Beijing, Financial Street, The Westin Guangzhou, The Westin Nanjing and The Westin Zhejiang Resort, Nine Dragon Hill. The Westins in Beijing, Financial Street, Guangzhou, Zhejiang and Nanjing are slated to open in 2006, 2007, 2008 and 2009 respectively.
“We are very proud to be working in partnership with Beijing Modern Asia – Pacific Real Estate Co Ltd. to introduce Westin with its unique service culture, and its many innovative and signature services and products to travelers visiting Beijing in future. The location of this hotel in the exclusive district of Chaoyang also reinforces Westin's new brand positioning around personal renewal by offering guests the services, products and amenities that allow them to relax and rejuvenate during their stay,” said Miguel Ko, President, Starwood Hotels & Resorts Asia-Pacific. “Though room supply in Beijing is expected to increase significantly between now and 2009, demand for rooms is forecasted to grow robustly at the same pace on the back of the upcoming Olympics and the capital city’s continued growth as a major commercial and tourist destination,” added Ko.
Westin Hotels & Resorts, with over 120 hotels and resorts in more than 30 countries worldwide, is owned by Starwood Hotels & Resorts Worldwide, Inc.
|Also See:||Starwood Hotels Reports 28 Hotels Open or Under Construction Throughout China / October 2004|
|Ian Lien, Starwood's VP for Acquisitions and Development for Asia Pacific - Exclusive Interview with Hotel Asia Pacific / April 2002|