Fairmont Hotels & Resorts

Fairmont Hotels & Resorts

October 09, 2012 11:07 ET

Fairmont Hotels & Resorts Expands Residential Portfolio With New Project in China

Brand welcomes Fairmont Residences, Chengdu

TORONTO, ONTARIO--(Marketwire - Oct. 9, 2012) - Fairmont Hotels & Resorts today announced a new addition to its growing residential collection, Fairmont Residences, Chengdu, which is slated for completion in 2013.

Fairmont Residences, Chengdu will feature 382 luxury residences adjacent to the new 375-room Fairmont hotel expected to open in 2015. Owners can choose from three elegant residence designs including 2-bedrooms suites with over 90 square meters to luxurious 4-bedroom suites with over 130 square meters of living space. The exclusive lobby, lounge, and residential areas are all exquisitely designed with elegance, attention to detail and comfort in mind.

The Fairmont Residences are situated within the Palm Springs International Centre in Tianfu New Town, a master planned new city center which is home to the financial services district and emerging high technology and software business parks which include a number of top Fortune 500 companies. The Palm Springs office tower and 42,100 square meter retail mall featuring international luxury brands is connected to the Fairmont Hotel and Residences with easy access to the 140,000 square meter International Convention and Exhibition Centre via an underground passage way. Residence services include 24-hour concierge, valet, doorman and security.

"Chengdu is an important and growing business hub and leisure destination," stated Jennifer Fox, President, Fairmont Hotels & Resorts. "The addition of Fairmont Residences will complement our hotel, offering a range of accommodation options for those visiting or living in the city and builds upon our brand's growth in China."

Comprehensive owner benefits also include preferred access to the services and amenities at the luxurious Fairmont hotel, such as dining outlets including a restaurant on the 39th floor featuring panoramic city views, business center, fitness facilities, a Willow Stream Spa and exclusive membership in the invitation-only tier of Fairmont President's Club, the brand's guest recognition and loyalty program. For further information on purchasing Fairmont Residences, please visit www.palmsprings-cd.com.

The Fairmont Residences are developed by Chengdu Palm Springs Unielite Real Estate Development Co., Ltd., which has overseen extensive real estate developments across China including residential, retail centers, office buildings as well as leisure facilities and golf courses. The company has been recognized with numerous design and construction awards for their work.

Fairmont Residences, Chengdu joins Fairmont Beijing, China; Fairmont Jakarta, Indonesia (hotel and serviced residences 2014); Fairmont Makati, Philippines (2012); Fairmont Nanjing, China (2013); Fairmont Peace Hotel, Shanghai, China; Fairmont Singapore, Fairmont Taiyuan (2014) and Fairmont Yangcheng Lake, China.

About Fairmont Residences

Fairmont Residences are elegant, sophisticated homes that serve as a primary dwelling or a getaway retreat. Residences are whole-ownership, private homes, that may be an apartment, townhouse or villa and are typically part of a mixed-use hotel and residential development where residential owners can access the services and amenities of the adjacent luxury Fairmont Hotel while living in their own private residential enclave. Residents receive a level of service consistent with Fairmont's over 100 years of hospitality expertise.

About Fairmont Hotels & Resorts

Fairmont Hotels & Resorts, which arrives in destinations as diverse as Jaipur, Kyiv and Manila in 2012, is a celebrated collection of more than 60 luxury properties around the globe, including Shanghai's Fairmont Peace Hotel, The Plaza in New York and Makkah Clock Royal Tower in the Kingdom of Saudi Arabia. The luxury brand's distinctive hotels offer a sense of heritage and sophistication, warm, engaging service and culturally rich experiences. A community and environmental leader, Fairmont is also recognized internationally for its responsible tourism practices and award-winning Green Partnership program. Fairmont is owned by FRHI Holdings Limited, a leading global hotel company with over 100 hotels under the Fairmont, Raffles and Swissôtel brands. The company also manages Fairmont, Raffles and Swissôtel branded luxury private residences club, whole-ownership residences and serviced residences properties. For more information or reservations, please call 1-800-441-1414 or visit fairmont.com.

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