TORONTO — Moscow’s Pekin Hotel is becoming part of the Fairmont Hotels & Resorts family.
The historic property, built in 1955 as part of post-war redevelopment, will be restored to its former glory thanks to the work of one of Russia’s prominent real-estate development companies, Hals-Development.
“We are fortunate to count some of the most iconic hotels in the world amongst our portfolio and we take our role as custodians of these great properties very seriously,” said Chris Cahill, president, Fairmont Hotels & Resorts. “This project not only affords us the opportunity to offer our guests a new, key destination in the largest country in the world but allows us to partner with Hals-Development, which, in addition to being a highly regarded property developer, also shares our sensibility for heritage and preservation.”
The Pekin is located in the city centre at the junction of the Garden Ring and Triumfalnaya Square. The renovated space will feature 236 guestrooms and suites, a selection of dining venues, meeting and function space as well as spa and fitness facilities.
The property will be rebranded Fairmont Pekin Moscow and is expected to open in 2017.