BEIJING - An aggressive international land development and acquisition company with projects in the United States, Asia and Latin America is now finalizing talks for long-term business partnership with the owners of Lee Yuan Investments that owns Marriot Beijing Hotel West.
 

This was jointly disclosed by Meadow Heights Ltd president Jo Victoria Edralin Yupangco and CEO Joana Edralin Bautista as formal talks with Jing Yu Mansions Corporation are now in final negotiation stages.
 

Part of the on-going talks is the acquisition of the 18-storey Beijing Marriot Hotel located at 98 XiSanhuan North Road with 117 rooms, 38 suites and five meeting rooms with 757 square meter total meeting space.
 

“We are excited to seal this long-term business partnership with Lee Yuan Investments and Jing Yu Mansions Corporation including the Marriot Hotel venture which will be a testament to China’s booming economy as well as the forthcoming 2008 Olympics in Beijing,” said J.V.  Edralin Yupangco. She is a cum laude graduate from the London School of Economics with a Masters degree in Media and Communications and a summa cum laude from Kings College London with a BA in English Language and Communications.
 

The Edralins are engaged in several business ventures in the United States, Philippines and Central America. One such venture is the progressive and thriving Chateau Fontainebleau Vineyard at St. Helena in Napa Valley town in Napa Valley, San Francisco, California. In fact, its wine label, Josephine Cabernet Sauvignon, is named after its Meadow Heights chairperson Josephine Edralin.
 

Chateau Fontainebleau is strategically located in the portion of the Napa Valley floor where temperature, rainfall and alluvial soils combined in perfect measure to produce some of the world’s finest grapes and of course, a world-class and award winning Cabernet Sauvignon.
 

In the Philippines, they own the Urdaneta Villas based in eastern Pangasinan which will be developed into a high-end residential and resort area.
 

The other flagship project of the Edralins is the Playa Carillo Resort in Costa Rica which is a joint venture between Fontainebleau Holdings and Madison Partners, one of the Top 10 big U.S. developers based in Texas.
 

According to Fontainebleau CEO Joana Bautista, the infrastructure construction will start in March 2007 starting with a 5-star beach hotel containing 150 to 250 rooms in partnership with Ritz Carlton.