First five-star hotel in Tibet

The foundation ceremony of the first five stars hotel in Tibet, St. Regis Hotel was held on the morning of April 26.

This announces the end of the history without internationl standard five stars hotels in Tibet. It also will improve the basic condition of tourism services facilities in Tibet, boosting Tibet tourism and inviting business work. It's expected to open in Oct 2008.

The St Regis Hotel in Lhasa will be invested and operated solely by Hong Kong Yun Gao Century Co.Ltd. It's located at the southeast of the crossroad of Lhasa Jiangsu road and Lin Guo Dong Lu. An overall 430 million yuan (55.68 million USD) investment for the first phase with 31,920 square meters. There will be 175 rooms in the hotel after the completion and it will be operated by Star Wood International Hotel Management (Group) Co.

St Regis is a sub premium brand of Star Wood Hotel and Holiday Inn International (Group) Co. The brand aims on advanced tour clients and is famous for providing housekeeper style services within the industry.