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Grace Hotels Group accquires Yi House Hotel

Bapun Raz

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Grace Hotels Group, the boutique hotel group that is part of the Libra Group has accquired Yi House Hotel. The property is located in the heart of Beijing’s 798 Art District. It will re-branded as the Grace Beijing, according to the company release. The hotel has 30 luxury rooms. Other facilities include ‘Yi House’ that offers modern Mediterranean and Asian cuisine. The company has stated that it plans to expand further into Asia-Pacific in the coming years.

Philippe Requin, Chief Executive Officer, Grace Hotels said, “This district is the perfect environment in which to introduce the charm and understated elegance that epitomises our company service and design philosophy. As Yi House, the hotel has attracted many from the arts community and has often hosted its own art exhibitions. The Grace Beijing will offer the perfect city escape for anyone on business or vacation looking for international standards of luxury and service in the context of a chic boutique hotel.”
http://www.travelbizmonitor.com/grace-hotels-group-accquires-yi-house-hotel-14109
 
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