Fairmont Hotels & Resorts, a luxury brand in the FRHI Hotels & Resorts (FRHI) portfolio, and Guangxi Detai Real Estate, a joint venture funded by Chengwang Group and Hong Kong Brilliant Top Holdings Limited, announced the development of a new hotel in Nanning, the capital and economic center of Guangxi Province, China. Fairmont Nanning marks the brand's first hotel in Southern China. The property will join the company's portfolio of luxury hotels and residences in Asia Pacific.
Fairmont Nanning, scheduled to open in 2019, will have 350 luxury guestrooms and five dining outlets. The hotel will also offer have 32,250 square feet of meeting and event space. Guests will be offered a range of recreational facilities, as well as a Willow Stream Spa, the company's branded spa product.
Fairmont Nanning will be part of a mixed-use development located in the core areas of Xiangsi Lake New Town and Nanning Hi-Tech Development Zone, which comprise the upcoming central business district of west Nanning. The development, which will also be in close proximity to the China ASEAN Exhibition Plaza, will feature six residential towers, office spaces and retail facilities. Upon completion, Fairmont Nanning will be located on the top floors of a 1,214-foot tower offering views of the Xinwei River.
Bordering Vietnam, Nanning is considered China's gateway to Southeast Asia and is also recognized as a transportation hub. It is accessible by Nanning Wuxu International Airport and connected to other major cities through the Nanning Railway Station. The city plays host to the China-ASEAN Expo, an annual international economic and trade event, and is also considered the center of science and technology, education, culture and health in Guangxi Province.
Fairmont currently operates a number of properties in China, including Fairmont Beijing, Fairmont Peace Hotel in Shanghai, Kunshan's Fairmont Yangcheng Lake and Fairmont Nanjing. The country continues to be a growth market for the brand, with a number of new developments scheduled to open in the coming years, including projects in Chengdu (2015), Taiyuan (2016), Changsha (2017) and Hangzhou (2018).