Cachet Hotel Group Partners with Wuhan King Land Co. to Develop Dual-Branded Cachet Hotel Apartments and URBN Boutique Hotel in Wuhan, China
HONG KONG, CH. October 3, 2016 - 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. Set in the economic, cultural and transportation hub of Central China, the dual-branded property will include 196 rooms, multiple restaurants, and social gathering spaces. 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.
Occupying the top 18 floors of the property, Cachet Hotel Apartments Wuhan will boast 160 thoughtfully-designed, fully-furnished serviced apartments ranging from studios to two-bedroom suites, each featuring generous square-footage, a well-equipped kitchen, modern work space, stylish living area and complete home entertainment system.
An extensive suite of facilities and services are available to help busy executives, leisure travelers and families make the most of their stay. These include meeting spaces, complimentary high-speed Wi-Fi Internet throughout the property, a 24-hour fully-equipped gym, C-Lounge with cocktail hours, wine bar, board games and more. It also provides 24-hour reception, concierge, security, laundry and dry cleaning services.
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. Wood features prominently in the room design and the warmth of the material is brought out by the soothing natural tones of the decor and furnishings. Rich Thai silks and luscious velvets in a palette of charcoal and soft earth tones elegantly complement the natural woods. An indulgent and tranquil sleep experience is assured thanks to URBN's signature COCO-MAT Renewal Beds.
The property's three restaurants and bars will provide an array of food and beverage choices for both guests and locals: •Le Sheng Chinese Restaurant: CHG's signature restaurant Le Sheng will feature cuisine from all four corners of China, with celebrated chefs from across the country converging to deliver everything from spicy Sichuan flavors and Shanghai dishes to refined Cantonese fare and hearty Beijing recipes.
•Porterhouse: CHG's award-winning steakhouse concept will serve up steak and seafood with a carefully crafted wine list, offering an elevated dining experience.
•C-Lounge: CHG's relaxed coffee and tea lounge will offer a tantalizing array of artisanal pastries, coffees, teas, and signature cocktails within a soothing atmosphere.
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."
The property will be distributed on Cachet World, CHG's revolutionary technology platform, and participate in the platform's loyalty program. Cachet World is a lifestyle community that features a search and booking engine for boutique and lifestyle hotels and high-end residences worldwide. Through the platform, guests of Cachet Hotel Apartments Wuhan and URBN Boutique Hotel Wuhan will enjoy interactive mobility, exclusive member rates, and personalized food and beverage experiences.
Cachet Hotel Group's global portfolio, including properties in the pipeline, extends across China, Thailand, Mexico and the United States. With an unprecedented opportunity for international growth, CHG is establishing itself as an international hospitality leader.
For more information, please visit: www.cachethotelgroup.com
About Wuhan Golden Sun Investment Group & Wuhan King Land Co., Ltd.
Hubei Golden Sun Investment Group is a successful conglomerate established in 2001. With a special focus on real estate development, Golden Sun also offers business management, investment consultation, cargo shipping, energy investment, international logistics, construction materials and real estate consultation. It has GradeⅠqualification for real estate development issued by the Ministry of Construction of the People's Republic of China. The Group has total assets of more than RMB10 billion, with a total development area of over 7 million square meters and over RMB20 billion in investments. Wuhan King Land Co., Ltd is a subsidiary corporation of the Golden Sun Investment Group. The Ace-Mega, developed by King Land Co., Ltd, is the first self-owned commercial property in Wuhan. The Ace-Mega development's self-owned percentage is as high as 100%, which astonishes the industry and investors. It has created favorable conditions for the community's sound and sustainable development as well as the maintenance and appreciation of real estate values.
About Cachet Hotel Group
Cachet Hotel Group (CHG) is a lifestyle hospitality branding and management company with offices in Los Angeles, Shanghai and Bangkok. CHG's mission is to be the leading innovative and socially responsible hospitality company in the Asia Pacific. With numerous projects under development, CHG is focused on establishing properties in Greater China, Southeast Asia and the Americas. For more information, please go to www.cachethotelgroup.com.
Contact:
[email protected]
Marriott International, Inc. (NASDAQ: MAR) is a global leading lodging company based in Bethesda,Maryland, USA, with more than 4,200 properties in 80 countries and territories. Marriott International reported revenues of nearly $14 billion in fiscal year 2014. The company operates and franchises hotels and licenses vacation ownership resorts under 19 brands, including: The Ritz-Carlton®, BVlgari®, EDITION®, JW Marriott®, Autograph Collection® Hotels, Renaissance® Hotels, Marriott Hotels®, Delta Hotels and Resorts®, Marriott Executive Apartments®, Marriott Vacation Club®, Gaylord Hotels®, AC Hotels by Marriott®, Courtyard®, Residence Inn®, SpringHill Suites®, Fairfield Inn & Suites®, TownePlace Suites®, Protea Hotels® and MoxyHotels®. Marriott has been consistently recognized as a top employer and for its superior business ethics. The company also manages the award-winning guest loyalty program, Marriott Rewards® and The Ritz-Carlton Rewards® program, which together surpass 50 million members. For more information or reservations, please visit our website at 
