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Pan Pacific opens its fifth hotel in China in Tianjin
PAN Pacific Hotels Group has opened its fifth hotel in China, the Pan Pacific Tianjin, making the country its biggest overseas market to date.
Aside from the hotel in Tianjin, Pan Pacific also has four other Pan Pacific hotels and serviced suites along the east coast and in the north, namely in Xiamen, Suzhou and Ningbo.
In Singapore, where it is headquartered, the group owns and/or manages eight hotels and serviced suites under its Pan Pacific and Parkroyal brands.
"China has long been earmarked as a critically important source and growth market for the group. Since our first Pan Pacific hotel in China in 2009, we have been actively seeking development opportunities to grow our presence in gateway destinations across the country," said chief executive Bernold Schroeder.
"As the Chinese travel market continues to expand and mature, we look forward to riding on the country's dynamic tourism developments to write the next chapter of our own compelling China growth story."
A wholly owned subsidiary of Singapore-listed UOL Group, Pan Pacific Hotels Group currently has a pipeline of six upcoming properties in Australia, Indonesia, Malaysia, Myanmar and London.
Part of mixed-use development The Esplanade, the Pan Pacific Tianjin is located along the Haihe River. The property has 289 guestrooms and 30 serviced suites with kitchenettes and laundry facilities.