Grand Hyatt Beijing

Hui Xian REIT's assets include:

1. Its investment in Hui Xian (B.V.I.) Limited, which in turn holds Hui Xian Investment Limited, the foreign joint venture partner of Beijing Oriental Plaza Co., Ltd., ("BOP") which is a sino-foreign cooperative joint venture established in the PRC. BOP holds the land use right and building ownership rights of Beijing Oriental Plaza,

 

2. Its investment in Chongqing Overseas Investment Limited, which holds Chongqing Investment Limited. Chongqing Investment Limited owns the entire interest in the Chongqing Metropolitan Oriental Plaza Co., Ltd, which is the registered legal owner of the land use rights and building ownership rights of Chongqing Metropolitan Oriental Plaza

 

3. Its investment in Shenyang Investment (BVI) Limited, which in turn holds Shenyang Investment (Hong Kong) Limited (“Shenyang Investment HK”), the foreign joint venture partner of Shenyang Lido Business Co. Ltd (“Shenyang Lido”). Shenyang Investment HK is entitled to 70% interests in Shenyang Lido, which is a sino-foreign cooperative joint venture established in the PRC. Shenyang Lido holds the land use rights and building ownership rights in The Westin Shenyang,

 

4. Its investment in Chongqing Hotel Investment Limited, which in turn holds Highsmith (HK) Limited. Highsmith (HK) Limited owns the entire interest in the Chongqing Oriental Plaza Metropolitan Hotel Co. Ltd., which is the registered legal owner of the land use rights and building ownership rights of Hyatt Regency Metropolitan Chongqing, and

 

5. Its investment in New Sense Resources Limited, which in turn holds Chengdu Investment Limited, the foreign joint venture partner of Chengdu Changtian Co., Ltd., (“Chengdu Changtian”). Chengdu Investment Limited is entitled to 69% interests in Chengdu Changtian, which is a sino-foreign cooperative joint venture established in the PRC. Chengdu Changtian holds the land use rights and building ownership rights in Sheraton Chengdu Lido Hotel.

 

GRAND HYATT BEIJING

The Grand Hyatt Beijing is one of the leading five-star hotels in Beijing. With its close proximity to the city centre and a number of major landmarks, as well as excellent transportation links and world-class services, it is popular with business travellers, celebrities and high-ranking government officials.

The Grand Hyatt Beijing’s reputation as one of the top hotels in the capital is longstanding. It has received over 100 major international and national awards since opening. In 2010, the following awards have been attained:

  • “Best Business Hotel in Beijing” by Business Traveller Asia-Pacific (7-time winner)
  • “Best Hotel in Beijing” by Asiamoney (5-time winner)
  • “Best Hotel in Beijing” by DestinAsian (for 5 consecutive years)
  • “China’s Top Hotels” by Travel+Leisure (for 4 consecutive years)
  • “Best Business Hotel in Beijing” by The Asset (4-time winner)
  • “Best Hotel in Beijing” by Condé Nast Traveller (3-time winner)
  • “Best Business Hotel in Beijing” by National Geographic Traveller China (for 2 consecutive years)
  • “Top 25 Conference Hotels” by Smart Travel Asia (for 2 consecutive years)
  • “Best Beijing Luxury Hotel” by Hurun Report

With 24 floors, the Grand Hyatt Beijing has a total of 598 guest rooms and suites. Each guest room and suite features desk space and in-room facilities, such as computer data ports for broadband internet access. A comprehensive range of leisure facilities are also on offer to the hotel guests, including a business centre and Club Oasis, which features a fully-equipped fitness centre with a 50-metre resort-style indoor pool.

Offering approximately 2,924 sq m of meeting space, Grand Hyatt Beijing has captured a significant amount of corporate business, including those for Meetings, Incentives, Conventions and Exhibitions (“MICE”).

A number of large conferences are held at Grand Hyatt Beijing annually. The attending delegates occupy hundreds of rooms, utilise almost all the function rooms, as well as generate tremendous food and beverage business.

The food and beverage outlets are also popular amongst local residents and travellers in Beijing, as well as hotel guests. Given their popularity, the food and beverage outlets provide Grand Hyatt Beijing with strong cashflow and a stable source of income. A number of awards have been received by Grand Hyatt Beijing’s dining outlets.

“Made in China”, Grand Hyatt Beijing’s Chinese restaurant, has earned several distinctions, including:

  • “Outstanding Contemporary Chinese Restaurant” by The Beijinger in 2010
  • “Best Beijing Cuisine Restaurant” by Time Out Beijing (Chinese version) in 2009
  • “Best Restaurant Selection” by Modern Weekly in 2009
  • “The Best Restaurant for Romantic Dating” by Modern Weekly in 2008
  • “One of the Best 50 Restaurants in China” by Food & Wine (Chinese version) from 2006 to 2010

Against Grand Hyatt Beijing’s competitive set of five-star hotels in the city, Grand Hyatt Beijing has consistently achieved a leading position in average room rate, occupancy and RevPAR.