Holiday Inn Lido Beijing Rebranded as Metropark
Holiday Inn Lido Beijing, one of the oldest and famous international-brand hotels in China's capital, has been rebranded as Metropark Lido Hotel.
An announcement issued by the owners of the property, Lido Hotel Company Limited, states that after a long and mutually cooperative and effectual relationship over the last two decades, Lido and InterContinental Hotel Group have concluded their management agreement for Holiday Inn Lido Beijing with effect from the expiry of the agreement on December 31, 2010.
The hotel has appointed HK CTS Hotels Company Limited, a branded hotel chain under Lido's holding shareholder, to manage and operate the hotel under the brand of "Metropark" with effect from January 1, 2011 and has renamed the hotel Metropark Lido Hotel, Beijing.
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