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Bulgari Hotels and Resorts, the luxury brand of Marriott International, has announced the opening of its Beijing property in early 2017. Bulgari Hotels and Resorts, the luxury brand of Marriott International, has announced the opening of its Beijing property in early 2017. The property would be located in the Embassy District and within close proximity to the trendy Sanlitun. The 120-room hotel will be the -fifth property, opening shortly after the brand’s debut Chinese property in Shanghai due to open in 2016. Bulgari’s expansion into the Chinese market comes amid concerns of an oversupply of luxury hotels especially in first tier cities such as Shanghai and Beijing. China has seen a decline in arrivals by 2.51% between 2012 and 2013; inbound revenue however has seen an increase by 3.27% for the same period. |
