Fairmont Hotels & Resorts has signed an agreement with Henan Donggang Real Estate Co. Ltd for the development of Fairmont Zhengzhou in the capital of Henan Province in China.
Projected to open in 2018, the 350-room hotel will be part of a new mixed-use development in Zhengdong New Town, an upcoming financial and business hub in Zhengzhou. The hotel will house four dining outlets and a spa.
“Our expansion into Zhengzhou is significant in that it debuts our presence in a major hub of central China,” says Jennifer Fox, president of FRHI International and Fairmont Brand. “It marks another important milestone in our development strategy for China, and signals continued strong growth for us in this very important market.”
Fairmont Zhengzhou will join the growing portfolio of Fairmont Hotels & Resorts in China, including Fairmont Beijing, Fairmont Peace Hotel in Shanghai, Kunshan’s Fairmont Yangcheng Lake, and Fairmont Nanjing. Several new projects are scheduled to open in the coming years, including in Chengdu (2015), Changsha (2017), Hangzhou (2018), Suzhou (2018), Taiyuan (2019), and Nanning (2019).