Onyx boosts Chinese portfolio with double deal
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Thailand’s Onyx Hospitality Group has increased its Chinese portfolio to 18 hotels, following the signing of two new management contracts.
The company already has 11 properties operating in Greater China, under its Shama, Ozo and Mosaic Collection brands, comprising almost 1,500 rooms, suites and apartments.
Onyx already had a pipeline of five Chinese properties, including its first Amari hotels in the country which are scheduled to open in Guangdong and Yunnan provinces in 2017. And now, it has signed two more properties in China, taking its total pipeline to seven hotels and its nationwide portfolio to 18.
The newly-signed Shama Caojiadu Shanghai is located close to Jing’an area of Shanghai and will become the serviced apartment brand’s fifth location in the city. Opening in 2017, it will feature 168 units, including studios, one-, two- and three-bedroom apartments, plus a breakfast area, fitness centre, lounge and children’s area.
The second new project, Ozo Shishi Xiamen, is a beachfront hotel that will feature 213 rooms, a restaurant, swimming pool with pool bar, a fitness centre, meeting room and a “grab and go” F&B area. This project is currently under construction and scheduled to open in 2017.
“This announcement anchors our growth in the mainland China market whilst supporting our long-term strategy to become a leading hospitality provider in Asia,” said Simon Dell, Onyx’s vice president & area general manager for North Asia. “As hospitality specialists, our role is to select the right brands for the right locations and look for a potential market for our upscale hotel, resort and residence brands. We look forward to growing our partnership with more key players in the future.”
Onyx said its Chinese strategy involves targeting “prime cities… such as Xiamen and Shenzhen“.
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