China: Accor Group and Jinjiang International Group to reposition Fairmont Peace Hotel under luxury hotel brand Raffles is set to debut the renovated property in 2027.
Jinjiang Group owns the Peace Hotel in 1984. The hotel was created by Sir Victor Sassoon in 1929 and originally named Cathay Hotel.
It became a part of Fairmont Hotels & Resorts in 2010 and will remain open during the transformation to Raffles Peace Hotel Shanghai.
CEO of Raffles Hotels & Resorts The following are some examples of how to get started: Fairmont Hotels & ResortsOmer Acar said, “This magnificent property is a jewel and a landmark within an important destination.” We are honoured and proud to continue our partnership with Jinjiang International Group as the stewards to such an iconic hotel.
Kent Zhu, the CEO for Greater China AccorThe history of Peace Hotel is also the history of Shanghai. We have worked with Jinjiang International Group to maintain the prestige of this treasured national landmark. Raffles is adding an ultra-luxurious touch to this grand hotel where stories are made, ideas are born and history is created.
Dong Qing said, “As Shanghai’s century-old cultural icon, the new Peace Hotel is not only a blend of history and modernity, but will also be a way for guests around the globe to learn about Shanghai in a different manner.” We are looking forward to revitalizing this historic building which carries memories of the city. “Guests will enjoy classic Shanghai style and the prestige of an international luxury hotel.
Highlights:
• Shanghai’s Peace Hotel, currently part of Fairmont Hotels & Resorts, will be rebranded as Raffles Peace Hotel Shanghai by 2027.
• The hotel will remain open during the transformation.
• Jinjiang International Group have owned the property since 1984.