Okura Hotels & Resorts
“Hotel Okura Suzhou” (tentative name) to open in 2027
~A new hotel opens in Suzhou, the economic driver of China’s Jiangsu Province~ ……
Hotel Okura Co., Ltd. (Headquarters: Minato-ku, Tokyo, President and CEO: Toshihiro Ogita) is a subsidiary of China Suzhou Yuanrong Development Group (Headquarters: People’s Republic of China, hereinafter referred to as Jiangsu Province, China, Chairman: Zhang Liang, Marimo Co., Ltd.) Suzhou Yuwa Real Estate Co., Ltd.
(Headquarters: Hiroshima City, Hiroshima Prefecture, Representative Director: Makoto Fukagawa) and Sumitomo Corporation (Headquarters: Chiyoda-ku, Tokyo, Representative Director, President and Executive Officer: Masayuki Hyodo) Headquarters: Jiangsu Province, China; Chairman: Makoto Fukagawa) signed an operational management agreement for Hotel Okura Suzhou (tentative name/opening in 2027), and held a signing ceremony on Wednesday, December 20, 2023.
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(From left) Makoto Fukagawa, Representative Director of Marimo Holdings Co., Ltd. and Chairman of Suzhou Yuhe Real Estate Co., Ltd., Xinkenyuan Holdings Vice President Ng Yihan, President and
Representative Director of Hotel Okura Co., Ltd. Toshihiro Ogita Suzhou is a prefecture-level city located in the southeastern part of Jiangsu Province, and due to its location adjacent to Shanghai, it continues to develop as the economic center of Jiangsu Province. It has been known as a tourist city because of its traditional Chinese scenery, including the ruins of old places dotted around the old city center and canals running criss-crossed, but recently it has also attracted attention as one of China’s leading industrial cities. Masu. The Suzhou Industrial Park, where the hotel is located, is a high-tech park that has been jointly developed with the Singapore government since around 1994 as one of the two major industrial zones in Suzhou, and is positioned as a national economic development zone with one of the largest industrial scales in China. It is being The city boasts of being a sustainable high-tech district, and is coming of age as a smart city where many companies from around the world use their products as a production and export base.
The hotel is planned to be located on the upper floors of a mixed-use building housing offices, residences, and commercial facilities, and will feature 249 standard rooms, including 42 square meters and 25 suites. In addition to four food and beverage facilities, including Japanese and Chinese cuisine, there will also be ancillary facilities such as an executive lounge, fitness gym, and indoor pool.
In addition to a large banquet hall, we have five meeting rooms and VIP rooms that can be used for a variety of purposes, providing high-quality spaces and services tailored to the purpose of your stay. The complex building has guest rooms for long-term stays separate from the hotel, and is directly connected to the Suzhou Orbital
Transportation Subway Line 1 and 5 “Xingtang Street” station, making it convenient to access.
As the first Hotel Okura brand hotel in Jiangsu Province, China, Hotel Okura Suzhou will provide services rooted in Japanese hospitality. In addition, Okura Nikko Hotels operates Hotel Nikko Wuxi (opened in 2010), Hotel Nikko Suzhou (opened in 2015), Hotel Nikko Taizhou (opened in 2016), and Hotel Nikko Changshu in the same province. ” (opening in 2023).
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-Suzhou Yuanrong Development Group Company Profile-
Suzhou Yuanrong Development Group was established in 2005 and is the largest commercial real estate development and management company in Suzhou Industrial Park, a subsidiary of Xinkenyuan Holdings. The capital will be RMB 4 billion, and the total investment will be RMB 14.6 billion. It is a state-owned enterprise that operates in various fields such as real estate development, commercial operation, and investment management, and focuses on business, tourism, cultural industry, and commercial operation. The cumulative development scale is over 4.8 million square meters, the real estate operating area is over 2.3 million square meters, and we have a track record of being ranked among the top 10 commercial real estate brands in China in the past.
Suzhou Yuanrong Development Group is headquartered in Suzhou Industrial Park, and is engaged in the development of urban areas such as Suzhou, Nantong, and Wuxi. The company’s vision is to participate in regional integration strategies, contribute to town development, and build an integrated platform for beautiful urban life, business, culture, and leisure.
-Marimo Holdings Co., Ltd. Company Profile-
Established in 2015, Marimo Holdings Co., Ltd. is a holding company centered on Marimo Co., Ltd. (established in 1970), which handles condominium sales and profitable real estate businesses nationwide. We promote our business through three groups: domestic real estate business, overseas real estate business, and non-real estate business. In its real estate business in China, Marimo puts into practice the construction of safe, secure, and comfortable condominiums that Marimo has cultivated over half a century in Japan. We established a joint venture with a state-owned company, and in 2013 we began selling our first project, “Polar Star Garden” (12 buildings, 853 units) in the Suzhou Industrial Park in Suzhou City. The second project “Shogaen” (1,260 units in 18 buildings) was sold in the Bunkyo area, Wujiang Ward. The 532 units in the first phase were sold out on the same day, and the 728 units in the second phase were sold out on the same day. . Marimo Group has a purpose of “Continuing to solve social issues and create enriched lives for people through the power of humanity and business,” and aims to become a social business company with a 50:50 ratio of business and social in 2030. We aim to evolve.
-Sumitomo Corporation Company Profile-
・Sumitomo Corporation has 128 locations (65 countries/regions), six business divisions: metals, infrastructure,
transportation/construction equipment, media/digital, lifestyle/real estate, resources/chemicals, and one initiative. We are expanding our business in a wide range of industrial fields.
・ Based on our global network that spans the entire world and relationships of trust with customers and partners in various industrial fields, we offer comprehensive services including sales of a variety of products and services, import/export, trilateral trade, and business investment both domestically and internationally. We are developing diversified business activities that leverage our strengths. Additionally, as one of the global companies driving the world’s development, we have been included in the Fortune Global 500 by Fortune magazine for 29 years.
(For your reference)
Company Profile | Sumitomo Corporation
https://www.sumitomocorp.com/ja/jp/about/company/profile
Corporate information | Sumitomo Corporation
https://www.sumitomocorp.com/ja/jp/about
Company Profile 2023 (Japanese version) | Sumitomo Corporation https://www.sumitomocorp.com/ja/jp/ebook/corporate-profile/2023/index.html -Hotel Okura Co., Ltd. Company Profile-
Hotel Okura Co., Ltd. was established in 1958 and opened its flagship hotel, Hotel Okura Tokyo, in 1962. Capitalized at 3 billion yen, with the slogan “Best A.C.S.” (A: Accommodation, C: Cuisine, S: Service = best facilities, best food, best service), currently owns hotel business and hotel-related business companies.・We operate a wide range of businesses, including management and consulting related to hotel business (development and operation).
Our company has built a high-quality global network not only within Japan but also with countries overseas. Okura’s hospitality, which combines the meticulous attention to detail of Japanese culture with the functionality of Europe and America, provides a relaxing and comfortable space and time for people around the world.
Currently, Okura Hotels & Resorts operates three brands: Okura Heritage, Okura Prestige, and Hotel Okura, and Nikko Hotels
International operates seven brands: Grand Nikko, Hotel Nikko, and Nikko Style, plus Hotel JAL City. Our subsidiary, Okura Nikko Hotel Management Co., Ltd., operates a total of 80 hotels, 53 in Japan and 27 overseas, with a total of 24,318 guest rooms.
Additionally, we rebuilt the Hotel Okura Tokyo main building, which opened in 1962, and opened a new flagship hotel, The Okura Tokyo, in September 2019. (As of December 1, 2023)
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