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Starwood Hotels & Resorts
Worldwide and Beijing Jin Hao Real Estate Company Limited have signed an
agreement whereby Starwood will manage The Westin Beijing-Financial Street in Beijing, China.
Scheduled to open in mid 2006, the hotel will be located at the Financial Street in
Beijing, the emerging financial center of Beijing. The hotel is part of a
multi-purpose complex that houses the hotel in one tower and serviced residences in a separate tower. The complex will feature 500 rooms and 216
serviced residences, and close to 2,510 square meters of meeting space. Other
hotel facilities include five dining outlets, sports and recreational facilities, a health
club, an indoor swimming pool and retail center.
"We are very proud and honored that Beijing Jin Hao Real Estate Company
Limited has selected Westin for this much sought after development opportunity
in a prime location that will become Beijing's new financial center," said Miguel
Ko, President of Starwood Hotels & Resorts, Asia Pacific. "China's fast-growing
travel sector, including business and leisure travel and the meetings industry, has
raised the demand, from both national and international travelers, for upscale and
international hotel products and services. Following the successful opening of
The Westin Shanghai in 2002, we are now very proud to be able to introduce
Westin and its many innovative and signature services and products to travelers
visiting Beijing in future. Westin is known as a highly innovative brand and has
launched several "firsts" in the industry, including the groundbreaking Heavenly
Bed®," added Ko.
Ms. Jin Ling, Chairman of Beijing Jin Hao Real Estate Company Limited
commented, "The Westin Beijing Financial Street will be an outstanding development in Beijing, in terms of quality of design, décor and services. After
reviewing many international hotel chains, we felt that Starwood and its Westin
Brand best represented our needs due to the strength of its operations, well-established and professional experience, global reach with sales and
marketing services, and its outstanding innovative products. This will be a good
match with our product and we look forward to a successful partnership between
Beijing Jin Hao Real Estate Company Ltd and Starwood Hotels & Resorts." |
