HONG KONG – Cachet Hotel Group (CHG) announced today the signing of a management agreement with real estate developer Wuhan King Land Co Ltd for the dual-branded Cachet Hotel Apartments and URBN Boutique Hotel in Wuhan, China. The hotel is scheduled to open in 2018 and marks CHG’s first dual-branded project in Wuhan.
Designed by world-renowned American architectural firm RTKL, Cachet Hotel Apartments Wuhan and URBN Boutique Hotel Wuhan are situated in a visionary mixed-used development known as Ace-Mega. The Ace-Mega development includes exquisite residences, stylish shopping areas, Class-A office buildings, and many other high-end facilities and amenities for residents and guests. Ace Mega will become a one-stop shop for the leisure lifestyle with entertainment, shopping, private gatherings and business receptions.
The 36-room URBN Boutique Hotel will reflect the Cachet Hotel Group’s eco-friendly mission and offer guests an intimate sanctuary from their busy lives.
Located in the heart of Wuhan, Cachet and URBN’s guests will enjoy easy access to the picturesque Han River and a number of cultural attractions such as the Hubei Provincial Museum and the Yellow Crane Tower. The property is an approximately 30-minute drive from Wuhan Tianhe International Airport and is close to a metro line and multiple train stations.
“We’re thrilled to be partnering with Cachet Hotel Group on this multi-faceted complex,” said Liang Bo Yao, chairman of Wuhan King Land Co. Ltd. “Cachet’s standard of excellence and its ‘East Meets West’ concept are an excellent fit for Wuhan, a historical city that’s rapidly modernizing and drawing in sophisticated travelers from across the globe.”
“We are honored to be working with Wuhan King Land on the development of this exciting destination,” said Kimy Chen, CHG’s chief development officer for Asia Pacific. “We look forward to expanding our brand presence in the city. This property is well positioned to capture the growing market of this key tourism and business destination.”