Fairmont Signs Hotel in Nanning, China

Fairmont Hotels & Resorts has signed a deal with Guangxi Detai Real Estate, a joint venture funded by Chengwang Group and Hong Kong Brilliant Top Holdings, for the development of a new hotel in Nanning, the capital and economic center of Guangxi Province, China.

Fairmont Nanning marks the brand's first hotel in Southern China and will join the company's growing portfolio of hotels and residences in Asia Pacific.

Fairmont Nanning, scheduled to open in 2019, will feature 350 guestrooms, and five distinct dining outlets.

The hotel will also offer over 3,000 square meters (32,250 square feet) of meeting and event space.

Guests will be offered a wide range of recreational facilities, as well as a Willow Stream Spa, the company's branded spa product.

"Our expansion into Nanning marks another important milestone in our development strategy for China and signals continued strong growth for us in this very important market," said Jennifer Fox, president, FRHI International and Fairmont Brand. "With a footprint in this regional gateway to Southeast Asia, we will further our brand awareness in both southern China and its neighboring countries."

Fairmont Nanning will be part of a mixed-use development located in the core areas of Xiangsi Lake New Town and Nanning Hi-Tech Development Zone, which comprise the upcoming central business district of west Nanning.

The development, which will also be in close proximity to the China ASEAN Exhibition Plaza, will feature six residential towers, office spaces and retail facilities.

Upon completion, Fairmont Nanning will be located on the top floors of a 370 meter (1,214 foot) tower offering views of the Xinwei River.