Starwood is stepping up its luxury game in China with the development of four luxury hotels. According to Law360, Starwood Hotels & Resorts Worldwide Inc. has inked a deal with a Chinese development company to bring a W Retreat & Spa and a St. Regis to the communities of Hainan Island's Haitang Bay. The deal was made with Hainan Jianfeng Tourism Development Co. Ltd. Incentive Travel is reporting that by 2020 there will be four luxury resorts to Hainan Island, including three St. Regis resorts in Haikou, Qingshui Bay and Haitang Bay, in addition to the W Retreat.
"The rapid growth of Starwood's luxury brands in China reflects the robust demand for high-end hospitality from an increasingly affluent market, where domestic travel continues to thrive," Qian Jin, president of Starwood's Greater China group said in a statement. "Having a presence on Hainan Island for more than 10 years, Starwood is inimitably positioned to cater to today's global travelers."
The W Retreat & Spa, which will open in 2019, will have 450 guest rooms, 10 villas and moor ethan 25,833 square feet of meeting and event space. The St. Regis Sanya Haitang Bay Resort will open in 2020 with 400 rooms, 15 villas and meeting space.
"Having two global luxury brands…will further cement Hainan Island's position as a world-class destination for international travelers," Luo Hai Qiang, chairman of Hainan Jianfeng, said in a statement.