The TOPHOTELPROJECTS construction database currently records no fewer than 44 Hangzhou hotel projects – most of them are five-star projects.
Our researchers have reported that 44 hotels with 10,437 keys are currently being developed in Hangzhou, the Chinese mega-city home to the UNESCO World Heritage Site of West Lake, and an emerging financial sector. We take a closer look at the most exciting ongoing projects.
Hotel openings in Hangzhou by year
In the remainder of 2021, 13 hotels (with 3,050 keys) are expected to be completed, but only one of them is currently in the pre-opening phase, which rather raises the question of whether some of these launches may be delayed.
Looking ahead to 2022, we forecast that another 17 properties will go live. Things could slow down significantly in 2023, as as of now, only three more openings have been completed before another 11 projects go live in 2024 and beyond.
Of the 44 hotels we observe, 19 fall into the four-star category, while the majority (25) fall into the five-star luxury segment.
The most active hotel brands in the Chinese megacityHangzhou
Local and international brands are expanding their offerings in Hangzhou alike – the four most active brands in our ranking are each planning to open two stores in the city.
The bill is to be beat Hilton Hotels & Resorts Thanks to the total number of rooms of 564 followed by Hotel Indigo’s 525. However Hualuxe Hotels & Resorts is not far behind with 500 new rooms, and Citadines Apart’hotels is also growing strongly with 400 additional keys on the way.
The main hotel projects in Hangzhou
By the end of 2021, Chedi City Hangzhou Tianmu will open its doors as part of a larger mixed-use urban development. This five-star hotel will have 120 rooms and elegant facilities designed by Belt Collins and HBA and inspired by the Chinese Tang style. The Qianwang Cultural Center, Tianmu Mountain Pavilion, commercial and medical facilities, serviced apartments, independent villas, and large and small courtyards will also be part of the program.
Hangzhou Fuchun Hilton HotelIn the meantime, once it has been completed, it will become one of the most luxurious business hotels in the city – an exact opening date has not yet been set. The 364-key property will occupy a 30-story tower overlooking the river and offer a banquet room for up to 600 guests, ten multifunctional conference rooms, a 24-hour restaurant, a fitness center, a luxury spa and an indoor swimming pool.
Last but not least, Pullman Hangzhou Binjiang excellence will have 307 rooms after its market launch at the end of 2022. It is located on one of the city’s main thoroughfares in the heart of Binjiang, the city’s fintech hub, which means it will appeal to both business and leisure travelers.
