Swissotel Kunshan - SOLD

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Sold for 399,340,125 CNY Date of Sale: April 2011
Rooms: 387
Price Per Room: 1,031,887 CNY
Property Id : 29250

Jones Lang LaSalle Hotels has been retained by Kingdom Hotel Investments (the “Owner”) on a sole and exclusive basis to offer for sale the 387-key Swissôtel Kunshan in the People’s Republic of China (the “Property” or the “Hotel”).

Occupying a prime location in the city centre of Kunshan within the Yangtze River Delta economic powerhouse, the Swissôtel Kunshan is a luxuriously appointed, modern hotel blending the romance of the exotic east and the contemporary design of the west.

Currently operated by Swissôtel Hotels and Resorts, the Property is available with the benefit of a management agreement or, at the option of investors, the Hotel can be acquired on a vacant possession basis allowing an investor or an owner-operator the outstanding opportunity to acquire a recently-built, centrally-located, full-service hotel in one of China’s top commercial and industrial cities, where properties of this nature are difficult to replicate and highly sought after.

Detailed information on the Property including trading and financial information, title, building details and ownership structure are available for review and can be obtained upon the execution of a confidentiality agreement.

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