Fairmont to Add New Property in China

Fairmont Nanjing is Part of the Jin Ao Plaza Development in a 56-story Building in the Jiangsu Province

. March 15, 2011

TORONTO, Canada - March 14, 2011 - Expanding its presence in Asia Pacific, Fairmont Hotels & Resorts has announced the addition of a new property in China, the Fairmont Nanjing scheduled to open late 2012.

Situated in Hexi New Town, a burgeoning, new commercial district in southwest Nanjing the capital of Jiangsu province, Fairmont Nanjing will be part of the Jin Ao Plaza development featuring a 56-story building housing the hotel and office space, along with retail and residential offerings.

The hotel will feature 371 spacious guestrooms and suites and guests will enjoy a variety of restaurants and bars as well as a 1,800 square meter (19,375 sq ft) Willow Stream Spa, pool and fitness facilities. With 2,500 square meters (26, 900 sq ft) of function and meeting space, the property will be able to accommodate groups both small and large.

The project is being developed by Jiangsu Golden Land Group Real Estate Development Col, Ltd. ('Jingao'), a Nanjing-based real estate company focused on commercial and residential enterprises.

“Expanding our impressive collection in China is a key goal for Fairmont, and this project provides many synergies with our existing hotels,” said Chris Cahill, President, Fairmont Hotels & Resorts. “Jingao is leading an exciting revitalization project in Nanjing and we are honored to create with them a new, vibrant destination in the community.”

Situated on the south bank of the Yangtze River, Nanjing is a cultural and commercial metropolis and one of China's most important cities, boasting many historical sites, museums, temples and Ming Tombs which are on the UNESCO World Heritage list. The city is also home to a number of domestic and multinational firms and will play host to the 2014 Summer Youth Olympics.

Fairmont Nanjing expands the company's growing presence in Asia, joining sister hotels in China including Fairmont Beijing, Fairmont Peace Hotel, Shanghai; Fairmont Yangcheng Lake, Kunshan; Fairmont Haitang Bay Resort, Sanya (2013) as well as Fairmont Singapore and Fairmont Makati, Manila, Philippines (2012).

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