Raffles Hotels & Resorts

Raffles Hotels & Resorts

May 05, 2016 05:47 ET

Raffles Signs Agreement Extending China Portfolio to Suzhou

Flagship project with Golden Land will give life to new super high-rise in 'Venice of the Orient'

SINGAPORE, SINGAPORE--(Marketwired - May 5, 2016) -

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Luxury hotel operator Raffles Hotels & Resorts today announced the signing of an agreement with prominent real estate developer Jiangsu Golden Land to extend the luxury hotel brand's portfolio in China to the ancient city of Suzhou.

Raffles Suzhou is scheduled to open in the 'Venice of the Orient' in 2020. Enjoying one of the best addresses in town, the 150-room luxury hotel will be located in the new super high-rise Keyne International Suzhou mixed-use development in the Suzhou New District (SND) Hi-Tech Industrial Development Zone. SND is a specially designated industrial zone with a focus on science and technology research and the development of high-tech industries. A growing number of Fortune 500 companies call the SND home, including Logitech, Canon and Motorola and it is a major hub for software, IT and electronic equipment manufacturing.

"Suzhou represents a very exciting opportunity for the Raffles brand," said Peter French, president, Raffles Hotels & Resorts. "As one of China's leading economic centres, with a growing arts and cultural scene, the city is quickly establishing itself as a very popular regional travel destination. Likewise, with a new international airport in the pipeline and the city attracting a greater amount of foreign investment, there is a growing need for luxury hotel options in the market. With its prime location in one of the city's most prestigious new development areas, Raffles Suzhou is poised to be an exceptional gateway for those looking to experience this vibrant city."

Signature highlights of the new hotel include over 1,400 square meters of meeting and conference facilities, five food & beverage venues including the brand's signature Writer's Bar and Long Bar, and a state-of-the-art Raffles Spa. The development will also include a limited selection of Raffles Residences, with details of this exclusive offering to be announced closer to their official unveiling.

Nicknamed the "Venice of the Orient" for its scenic canal network, Suzhou is one of China's most ancient cities, with a history dating back 2,500 years. It's also home to coveted sites including Zhouzhuang Water Town, Hanshan Temple and the ornate Zhuozheng Garden.

Linked by expressway, Suzhou is 100km from Shanghai Hongqiao Airport and 120km from Shanghai Pudong Airport. High-speed railways also connect the city to Nanjing and Beijing. The city's metro system currently has two lines with plans to have another three operational by 2021.

Raffles Suzhou will join a brand portfolio in China that includes Raffles Beijing, an iconic heritage landmark near the Forbidden City, and Raffles Hainan, the jewel in the crown among top international resorts on China's southernmost tropical island of Hainan, dubbed the "Hawaii of the East". Ahead of Raffles Suzhou's opening, Raffles is also scheduled to open a new luxury hotel in Shenzhen, across the border from Hong Kong, in 2019.

Elsewhere in Asia, Raffles most recently expanded to Jakarta. The brand's flagship in Asia is the legendary Raffles Singapore. The Asian portfolio also includes Raffles Makati in Manila and two historic properties in Cambodia, Raffles Hotel Le Royal in the capital, Phnom Penh, and Raffles Siem Reap, neighbouring the World Heritage temple complex Angkor Wat.

About Raffles Hotels & Resorts

Raffles Hotels & Resorts is a luxury hotel brand with an illustrious history dating back to 1887 when the world-renowned Raffles opened its doors in Singapore. Today, the remarkable collection includes twelve extraordinary properties in locations as diverse as Paris, Istanbul, and the Seychelles, with many more in development in exciting destinations such as Warsaw and Jeddah. Whether it's a secluded resort or a lively city-center, each Raffles promises an oasis of calm and charm and a compelling mix of cultures and styles, and has its very own story to tell. Part of FRHI Hotels & Resorts, a leading global company that also operates the Fairmont and Swissôtel brands, Raffles is proud to draw on the timeless essence of Raffles - to deliver thoughtful, personal and discreet service to well-travelled guests. For more information or reservations, please visit raffles.com.

About Jiangsu Golden Land Group-Keyne Properties

Established in 1994 with headquarters in Nanjing, Jiangsu Golden Land Group- Keyne Properties is a prominent real estate developer in Yangtze River Delta. The company's landmark residential and commercial complexes of residences, office buildings, five-star hotels, serviced apartments and shopping malls include the KIC Keyne International Center in Nanjing and the super high-rise KIC Keyne International Suzhou currently under construction. The group also owns Fairmont Nanjing, one of FRHI's four Fairmont hotels in a China portfolio that also includes Fairmont Beijing, the iconic Fairmont Peace Hotel in Shanghai and Fairmont Yangcheng Lake in Kunshan. For more information visit jddjt.com.

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