The agreement for the first InterCityHotel in China has now been signed. The new hotel will open in Qingdao in the East of China at the end of 2015. This means that in addition to the Hotel Maximilian managed by Steigenberger in Beijing, which opened in the summer of 2014, a total of five further Steigenberger Group hotels are currently under construction in China. The new four-star InterCityHotel will have 193 rooms, two restaurants and a café. Guests will be greeted in a large lobby extending over an area of 400 square meters. 500 square meters of conference rooms will be available to meet the needs of business travellers, who will also be able to relax and keep fit in a 100 square meter gym facility with a pool. The new building is scheduled for completion by the end of next year, at which time it will also be ready to accommodate its first guests. "China is a key global market that forms one of the main pillars of our strategy for expansion," commented Puneet Chhatwal, CEO of Steigenberger Hotels AG. "After our InterCityHotel in Dubai, we are looking forward to opening the second InterCityHotel in Asia. This way we are successfully continuing our international expansion strategy in the most populous source market in the world - particularly in the high-demand middle-class segment." |