Jumeirah to operate 169 China luxury residences
New deal in addition to 207-room Guangzhou hotel to open in 2015
Dubai's Jumeirah Group on Monday said it has signed a management agreement with GT Land Holdings to operate 169 luxury serviced residences, in addition to the 207-room luxury Jumeirah Guangzhou Hotel, which is nearing completion in China.
The previously announced 207-room five-star luxury Jumeirah Guangzhou Hotel is scheduled to open in 2015 and will feature 10 food and beverage outlets, a Sky lobby on the 49th floor and banquet and conference centre.
The 169 serviced residences will be located in a separate low-rise West Tower and are scheduled to open in 2015, the company said in a statement.
The agreement between was signed at a ceremony held at the Burj al Arab attended by Su Meng, chairman of GT Land, and Gerald Lawless, president and Group CEO of Jumeirah Group.
Meng said: "We are honoured to announce the Jumeirah Group will manage our serviced apartments in addition to the Jumeirah Guangzhou Hotel in the heart of the new central business district.
"Jumeirah's arrival in Guangzhou will help satisfy the demand for luxury accommodation in Guangzhou's developing upscale hotel district."
Lawless added: "We are delighted to have been selected as the management company to operate the luxury residences in addition to the hotel. We look forward to bringing our 'Stay Different' promise to Guangzhou and establishing Jumeirah in a second key destination in China, one of the world's fastest growing markets".
Set in a prime location on the intersection of Hua Cheng Avenue and in the centre of New Pearl City Tian He District, East Guangzhou, the apartment and hotel complex is located in a rapidly growing commercial centre and upscale hotel district.
Jumeirah Group currently operates 22 luxury hotels, resorts and residences, including 11 in the Gulf region, six in Europe and five in Asia. A further 15 hotels are now under development.