HONG KONG, Sept. 29, 2016 — Cachet Hotel Group (CHG) announced today the signing of a management agreement with real estate developer Wuhan King Land Co. Ltd. for the dual-branded Cachet Hotel Apartments and URBN Boutique Hotel in Wuhan, China. Set in the economic, cultural and transportation hub of Central China, the dual-branded property will include 196 rooms, multiple restaurants, and social gathering spaces. The hotel is scheduled to open in 2018 and marks CHG's first dual-branded project in Wuhan.

Designed by world-renowned American architectural firm RTKL, Cachet Hotel Apartments Wuhan and URBN Boutique Hotel Wuhan are situated in a visionary mixed-used development known as Ace-Mega. The Ace-Mega development includes exquisite residences, stylish shopping areas, Class-A office buildings, and many other high-end facilities and amenities for residents and guests. Ace Mega will become a one-stop shop for the leisure lifestyle with entertainment, shopping, private gatherings and business receptions.

Occupying the top 18 floors of the property, Cachet Hotel Apartments Wuhan will boast 160 thoughtfully-designed, fully-furnished serviced apartments ranging from studios to two-bedroom suites, each featuring generous square-footage, a well-equipped kitchen, modern work space, stylish living area and complete home entertainment system.

An extensive suite of facilities and services are available to help busy executives, leisure travelers and families make the most of their stay. These include meeting spaces, complimentary high-speed Wi-Fi Internet throughout the property, a 24-hour fully-equipped gym, C-Lounge with cocktail hours, wine bar, board games and more. It also provides 24-hour reception, concierge, security, laundry and dry cleaning services.

The 36-room URBN Boutique Hotel will reflect the Cachet Hotel Group's eco-friendly mission and offer guests an intimate sanctuary from their busy lives. Wood features prominently in the room design and the warmth of the material is brought out by the soothing natural tones of the decor and furnishings. Rich Thai silks and luscious velvets in a palette of charcoal and soft earth tones elegantly complement the natural woods. An indulgent and tranquil sleep experience is assured thanks to URBN's signature COCO-MAT Renewal Beds.

The property's three restaurants and bars will provide an array of food and beverage choices for both guests and locals:

  • Le Sheng Chinese Restaurant: CHG's signature restaurant Le Sheng will feature cuisine from all four corners of China, with celebrated chefs from across the country converging to deliver everything from spicy Sichuan flavors and Shanghai dishes to refined Cantonese fare and hearty Beijing recipes.
  • Porterhouse: CHG's award-winning steakhouse concept will serve up steak and seafood with a carefully crafted wine list, offering an elevated dining experience.
  • C-Lounge: CHG's relaxed coffee and tea lounge will offer a tantalizing array of artisanal pastries, coffees, teas, and signature cocktails within a soothing atmosphere.

Located in the heart of Wuhan, Cachet and URBN's guests will enjoy easy access to the picturesque Han River and a number of cultural attractions such as the Hubei Provincial Museum and the Yellow Crane Tower. The property is an approximately 30-minute drive from Wuhan Tianhe International Airport and is close to a metro line and multiple train stations.

"We're thrilled to be partnering with Cachet Hotel Group on this multi-faceted complex," said Liang Bo Yao, chairman of Wuhan King Land Co. Ltd. "Cachet's standard of excellence and its 'East Meets West' concept are an excellent fit for Wuhan, a historical city that's rapidly modernizing and drawing in sophisticated travelers from across the globe."

"We are honored to be working with Wuhan King Land on the development of this exciting destination," said Kimy Chen, CHG's chief development officer for Asia Pacific. "We look forward to expanding our brand presence in the city. This property is well positioned to capture the growing market of this key tourism and business destination."

The property will be distributed on Cachet World, CHG's revolutionary technology platform, and participate in the platform's loyalty program. Cachet World is a lifestyle community that features a search and booking engine for boutique and lifestyle hotels and high-end residences worldwide. Through the platform, guests of Cachet Hotel Apartments Wuhan and URBN Boutique Hotel Wuhan will enjoy interactive mobility, exclusive member rates, and personalized food and beverage experiences.

Cachet Hotel Group's global portfolio, including properties in the pipeline, extends across China, Thailand, Mexico and the United States. With an unprecedented opportunity for international growth, CHG is establishing itself as an international hospitality leader.

For more information, please visit: www.cachethotelgroup.com