Property News · April 25, 2018

Beijing old sites and buildings are now funky hotels and offices as land use control tightens


An increasing number of old rundown sites in Beijing’s downtown and tourist areas is being converted into brand-new hotels and co-working spaces to meet consumer demand amid the lack of new development lots under the city’s stringent control of land use.
Vue Hotel, on the edge of lake Houhai, is one of the latest examples.
The boutique hotel was transformed from an insipid state-owned hotel, with the aim to marry Chinese traditional courtyard flavour with 21st century modernity….

Source : South China Morning Post
Read more…Beijing old sites and buildings are now funky hotels and offices as land use control tightens

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