[photopress:Hongqiao.jpg,full,alignright]Kempinski Hotels has signed an agreement with Shanghai An Shun Real Estate Development company to manage Kempinski Residences Hongqiao, scheduled to open late 2007.
The property, which will have 212 serviced apartments, is in Hongqiao business district, near Hongqiao Airport.
The latest signing brings the number of properties in Kempinski’s network in Shanghai to three. The group already manages 41 Hengshan Road Serviced Apartments and recently announced the addition of Kempinski Hotel Shanghai to open end 2009. The 500-room hotel will be located in a 180,000m2 complex which includes serviced apartments, office, and retail space.
Source: TTG Travel Hub