Fairmont Hotels & Resorts

Fairmont Hotels & Resorts

September 20, 2007 07:38 ET

Fairmont Hotels & Resorts and Reignwood Group Announce Fairmont Beijing

New Hotel to Open in 2008

TORONTO, ONTARIO--(Marketwire - Sept. 20, 2007) - Reignwood Group ("Reignwood") and Fairmont Hotels & Resorts ("Fairmont" or "the Company") today announced Fairmont Beijing, a new hotel scheduled to open summer 2008.

The 25-story Fairmont Beijing enjoys a premier downtown location near business and shopping areas such as the Capital Tower, LG Building, China World Complex and Oriental Plaza as well as eminent landmarks including the Forbidden City, Temple of Heaven and Tiananmen Square.

The hotel will feature 235 spacious guestrooms, restaurants and bars including a library lounge, function space together with a multi-purpose theatre, a business center and a 1000 square meter Willow Stream Spa offering fitness facilities and a swimming pool. The award-winning architectural firm Paul Tange & Associates has been selected for the project. The Japan-based firm is renowned for creating structures that not only reflect a building's design but also encompass its role in the community in which it is located.

With the opening of the landmark Fairmont San Francisco in 1907, one of the world's leading luxury hotel brands was born. The grand collection of fabled castles, secluded lodges, storied meeting places and modern retreats have hosted the rich and famous, kings and queens, Presidents and Prime Ministers and stars of the stage and screen. During 2007, Fairmont Hotels & Resorts is proud to mark its centenary and guests at hotels from North America and Europe to the Middle East are invited to join the celebrations.

"We are delighted to be working in conjunction with Dr. Chan Chai and the Reignwood Group to develop Fairmont Beijing," said Chris Cahill, Fairmont's President and Chief Operating Officer. "Fairmont has offered warm hospitality in unforgettable locations since 1907, when The Fairmont San Francisco first opened its doors. We are excited to continue our tradition of providing service excellence to guests in Beijing with one of fastest growing companies in China."

Fairmont Beijing joins other recently announced projects in the region, including Fairmont Peace Hotel in Shanghai and a future hotel development project on Macao's Cotai Strip

About Fairmont Hotels & Resorts

A leader in the global hospitality industry, Fairmont Hotels & Resorts is an extraordinary collection of luxury hotels that truly reflect the essence of their destination. Featuring iconic landmarks like The Fairmont San Francisco, The Fairmont Banff Springs, and London's Savoy, Fairmont hotels are more than a place to stay; they are one-of-a-kind properties where sophisticated travelers can discover storied life experiences. Situated in some of the most exclusive and pristine areas in the world, Fairmont locations provide access to activities that are culturally rich and authentically local. From inviting beaches and tranquil spas to challenging golf courses and exhilarating ski hills, guests can fulfill their lifelong desires at Fairmont. With an enduring connection to the land and communities where we do business, Fairmont is also committed to responsible tourism and is an industry leader in sustainable hotel management with its award-winning Green Partnership program. With 51 distinctive hotels in 12 countries, and more than 20 properties currently in development, Fairmont is committed to growing its portfolio of world-class hotels and plans to add properties in coveted international destinations like Cairo, Shanghai, Dubai, and Beijing over the next few years.

Fairmont is owned by Fairmont Raffles Hotels International, Inc., a leading global hotel company with over 120 hotels in 25 countries worldwide under the Raffles, Fairmont, Swissotel and Delta brands. The company also owns Fairmont Heritage Place and Fairmont Residences, offering luxury vacation ownership and residential properties. For more information or reservations, please call 1-800-441-1414 or visit www.fairmont.com.

About Reignwood Group

Founded in Thailand in 1984 by Dr. Chan Chai, Reignwood Group operates as a multinational group actively involved in businesses related to international trade, property management, sports & culture industry, tourism & resort and energy drink. Since its establishment, Reignwood Group has rapidly expanded its business around the world and established offices in Singapore, Canada, the United States, Great Britain, Germany and Switzerland. Reignwood Group began to invest in China in 1995 with Hong Kong Ruoychai Investment Group as its flagship company, and now owns Red Bull Vitamin Drink Co., Ltd., Pine Valley Golf Resort and Country Club, Beijing Reignwood Building Co., Ltd. and Beijing Wonderland Amusement Park Co., Ltd.

Contact Information