Swire Properties Announces Closure of The Opposite House in Beijing for Redevelopment into Retail Destination

Tuesday, 9 April 2024, 02:38

Swire Properties has decided to close The Opposite House, its first hotel in Beijing, after 16 years of operations. The closure is part of the company's plan to transform the property into an 'innovative retail landmark' in the vibrant Taikoo Li Sanlitun area. The move reflects Swire Properties' strategic shift towards enhancing its retail portfolio in key locations.
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Swire Properties Announces Closure of The Opposite House in Beijing for Redevelopment into Retail Destination

Swire Properties Closes The Opposite House in Beijing

The 99-room The Opposite House, Swire Properties' debut hotel in Beijing, is set to cease operations after 16 years. The closure marks a significant turning point for the property.

Redevelopment into Retail Property

The decision to redevelop The Opposite House into a retail destination aims to create an 'innovative retail landmark' in the Taikoo Li Sanlitun area.


This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.


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