Shanghai-based Join.In Hospitality Management plans to expand the Tonino Lamborghini Hotels & Resorts brand outside of mainland China, according to a report from TTG Asia.
The company signed an agreement with Hong Kong’s Shimao International Development to develop two properties in Siem Reap, Cambodia.
“It is a major milestone in what is already a very successful development of Tonino Lamborghini Hotels & Resorts brand,” Roberto Simone, COO, Join.In Hospitality Management, said in a statement.
The Tonino Lamborghini brand’s current development pipeline in Asia Pacific includes 18 projects across mainland China in Chongqing, Hangzhou, Chengdu, Zhengzhou, Xi’an, Qingdao, Dalian, Xuzhou, Wuxi, Wenzhou, Yixing, Huangshan, Taihangshan and Taihu. These are scheduled to open by 2020.
Outside of mainland China, the brand added 12 more hotel properties in key tourism areas across East and South East Asia. These are slated to open in the next few years, starting with Macau and Saipan.
The announcement follows Tonino Lamborghini Hotels’ multi-million-dollar deal with real estate developer Oriental Pearls in early May 2018 to rebrand Oriental Pearl’s developments in Dubai, according to a report from Gulf Business. Oriental Pearls has exclusive rights to use the Tonino Lamborghini brand in Dubai’s real estate sector for a least 10 years. This will include rebranding the Royal Pearls community, which is currently under construction in the Meydan One district of Dubai. The development will have more than 7,500 apartments once construction is complete. The first phase of the projects is scheduled to be complete in 2020. The joint venture between Tonino Lamborghini has further plans to continue expanding across the GCC with hotels and retail stores.