[photopress:PeaceHotelShanghaiExterior.jpg,full,alignright]Jin Jiang International Group and Fairmont Hotels & Resorts have formed a joint venture company which will renovate and reopen The Peace Hotel, a Shanghai landmark for over a century. The hotel is scheduled to close during the refurbishment period and reopen in 2010. Jin Jiang’s goal is to restore the hotel to its position as the definitive luxury hotel of Shanghai. It is doing this in partnership with Fairmont which runs, among other things, London’s Savoy and New York City’s Plaza Hotel.
The Peace Hotel is on the Bund facing the Pudong area over the Hangpu River. It was first opened in 1929 as the Cathay Hotel on the site of the Sassoon Mansion and the hotel was run by the Kadoorie brothers who went on to found The Peninsula in Hong Kong. The architectural style of the Peace was Gothic (in the Chicago style) with a copper-sheathed roof rising 77 meters above ground level.
If you went to Shanghai before the war this is where you stayed. General Marshall, Charlie Chaplin, Bernard Shaw and Noel Coward (it is alleged on very little evidence that he wrote Private Lives while in residence.)
Jin Jiang, owner of the Peace Hotel, is the largest hotel owner and operator in China and the 22nd largest in the world, with more than 300 properties in its portfolio.
Source: Hotel Online