With a total investment of 1.2 billion yuan (US$160 million),
China's Jin Mao Group will open its second luxury resort hotel in
Sanya, Hainan Province, early next year, following the recent
success of Jin Mao Hilton Sanya Hotel.
The Jin Mao Ritz-Carlton Sanya, situated in the Yalong Bay
National Holiday Resort Zone, covers 75,000 square meters and
boasts 450 luxury suites including 33 villas.
Jin Mao Group officials said the hotel was set up on the last
piece of coastal land inside the resort zone, just adjacent to the
group's first successful investment in Sanya - the Hilton Sanya
Hotel.
The group invited the Ritz-Carlton Group, a big name in luxury
hotel management, to run the hotel because it hoped the cooperation
would become a milestone project in the Chinese resort hotel
industry.
Rainer J. Burkle, vice president and area general manager of the
Portman Ritz-Carlton Shanghai, said his group and the Jin Mao Group
carried the same principles of quality and luxury. "When guests
choose a hotel, it is important for them to know its ownership," he
said.
"The Sanya project is the primary step in China and the group
will join in operating another eight luxury hotels throughout the
country by 2010 due to booming tourism," he added.
Michael L. Goget, general manager of the Ritz-Carlton Sanya,
said that the hotel is "not competing with other hotel components
(in Sanya). We are coming at a different level and bringing along a
different brand. Our joining in will be a stimulus to the hotel
industry and tourism market here."
(Shanghai Daily November 16, 2007)
