SYS-CON MEDIA Authors: Greg Ness, Sean Houghton, Glenn Rossman, Ignacio M. Llorente, Xenia von Wedel

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Fairmont Hotels & Resorts to Welcome First Hotel in Southern China

350-room Fairmont Nanning Set To Open in 2019

SINGAPORE, SINGAPORE -- (Marketwired) -- 05/15/14 -- Editor's Note: A photo is associated with this press release.

Fairmont Hotels & Resorts, a luxury brand in the FRHI Hotels & Resorts (FRHI) portfolio, and Guangxi Detai Real Estate Co., Ltd, a joint venture funded by Chengwang Group and Hong Kong Brilliant Top Holdings Limited, today 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 and will join the company's growing portfolio of luxury hotels and residences in Asia Pacific.

Fairmont Nanning, scheduled to open in 2019, will feature 350 luxury guestrooms, and five distinct dining outlets. The hotel will also offer over 3,000 square meters (32,250 square feet) of meeting and event space. Guests will be offered a wide range of recreational facilities, as well as a Willow Stream Spa, the company's branded spa product.

"Our expansion into Nanning marks another important milestone in our development strategy for China and signals continued strong growth for us in this very important market," said Jennifer Fox, president, FRHI International and Fairmont Brand. "With a footprint in this regional gateway to Southeast Asia, we will further our brand awareness in both southern China and its neighboring countries."

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 370 meter (1,214 foot) tower offering impressive views of the Xinwei River.

Bordering Vietnam, Nanning is considered China's gateway to Southeast Asia and is also recognized as an important 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 large-scale international economic and trade event, and is also considered the center of science and technology, education, culture and health in Guangxi Province. With its warm climate, Nanning boasts an abundance of lush tropical foliage and many parks, earning it the name "Green City". Local attractions include Guangxi Museum, the De Tian Waterfall, Mount Qingxiu and Mount Daming and Yangmei Ancient Town, which is home to architecture from China's dynastic past, particularly the Ming Dynasty.

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 key 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).

About Fairmont Hotels & Resorts

Fairmont Hotels & Resorts connects guests to the very best of its destinations worldwide, reflecting each locale's energy, culture and history. Passionate travelers choose the luxury hotel brand for its ability to deliver memorable travel experiences, personalized and thoughtful service, and hotels that are one-of-a-kind. Serving as genuine gateways to their destinations, Fairmont hotels offer locally-inspired cuisine and spirited bars and lounges, distinctive design and decor, and a steadfast responsibility to environmental and social priorities. With more than 65 hotels globally, and many more in development, landmark hotels in the Fairmont collection include The Plaza in New York, London's The Savoy, Fairmont Peace Hotel in Shanghai and Quebec City's Fairmont Le Chateau Frontenac. Fairmont is owned by FRHI Hotels & Resorts, a leading global hotel company with over 105 hotels under the Fairmont, Raffles, and Swissotel brands. The company also manages Fairmont, Raffles and Swissotel branded luxury private residences club, whole-ownership residences and serviced residences properties. For more information or reservations, please call 1-800-441-1414, visit fairmont.com or contact your local travel professional.

About FRHI Hotels & Resorts

FRHI Hotels & Resorts (FRHI) is a leading luxury hotel management company that operates more than 110 hotels globally under the Raffles, Fairmont and Swissotel brands. The company's distinctive portfolio of luxury and upper upscale hotels features celebrated icons, world-class resorts and stylish city center hotels. Some notable hotels include the Raffles Singapore, Swissotel The Bosphorus, The Fairmont San Francisco and London's The Savoy. Focused on growing its distinctive hotel brands, the company is also developing new hotels in key locations around the world including exciting projects in China, Russia, India, Turkey and Saudi Arabia. The company also manages Raffles, Fairmont and Swissotel branded luxury private residence clubs, whole-ownership residences and serviced residences properties. For more information or reservations, please visit frhi.com.

About Guangxi Detai Real Estate Co., Ltd

Guangxi Detai Real Estate Co., Ltd, a joint venture funded by Chengwang Group and Hong Kong Brilliant Top Holdings Limited, was established in 2012 with a registered capital of US$ 96 million. Chengwang Group is a private real estate development company headquartered in Shanghai. Over the past 20 years, Chengwang has developed several real estate projects in Shanghai, Nanjing, Nanning and Shantou.

To view the photo associated with this press release, please visit the following link: http://www.marketwire.com/library/20140515-Fairmont_Nanning_Rendering_1_800.jpg

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