Onyx Hospitality Group has signed its fourth
Shama property so far this month.
Occupying a 21-storey building within
Yaojiang Wending International, the large-scale commercial complex
development by Yaojiang Group, Shama Zijingang Hangzhou is
perfectly positioned within the Xihu (West Lake) District of
Hangzhou, which is in close proximity to the Zijingang Campus of
Zhejiang University, one of the most prestigious tertiary
education institutions in China.
The Hangzhou International Convention and
Exhibition Centre and the West Lake Scenic Area are both within a
20-minute drive, together with direct access to MRT Lines 2 and 5,
and a shopping mall offering lifestyle and entertainment options.
Shama Zijingang will feature 384 keys, a business centre,
gym, and a multi-function Shama Den lounge area.
The property is scheduled to open during
the second quarter of 2019.
“Hangzhou is full of business opportunities, and
is one of the top Chinese cities that boast over 1 trillion CNY of
GDP. Most recently, the city was named one of the world’s top 15
model cities for best practices in tourism by the United Nations
World Tourism Organisation,” said Tommy Lai, Vice President, North Asia,
Onyx Hospitality Group. “This project plays a significant part in
the growth of Onyx, raising the brand awareness of Shama and
strengthening our position within China. This also brings us one
step closer to our target of having 99 hotels open by 2024 and
becoming the best medium-sized hospitality player in the
Shama is a leading and award-winning
provider of premium serviced apartments across Asia, with 20
serviced apartment properties across Asia-Pacific, including 12 in
the development pipeline in markets such as Australia, China and
Earlier this month, Onyx announced a
strategic multi-property partnership with Chinese real estate
enterprise Sincere Holdings Groups, in opening Shama in 12 key
cities across China, with Shama Hongqiao Shanghai and Shama
Changfeng Shanghai being the first two projects to be developed as
part of the partnership.
Most recently, Onyx also entered a
partnership for Shama Lakeview Asoke Bangkok with JR Kyushu, the
company’s first Japanese institutional partner. All of these
projects signed are slated for opening within 2018.