China: Accor and Jinjiang Worldwide Group will reposition the Fairmont Peace Resort in Shanghai underneath luxurious resort model Raffles, with the remodeled property set to debut in 2027.
The Peace Resort, initially created in 1929 by Sir Victor Sassoon and named the Cathay Resort, has been owned by Jinjiang Group since 1984.
It turned part of Fairmont Resorts & Resorts in 2010 and can stay open throughout the transformation to Raffles Peace Resort Shanghai.
CEO of Raffles Resorts & Resorts and Fairmont Resorts & Resorts, Omer Acar, stated: “This magnificent resort is a valuable gem and a landmark in an all-important vacation spot. Because the stewards of such an iconic property, we’re exceptionally proud to information it right into a glamorous new period with Raffles, and honoured to embark on the following chapter of our relationship with Jinjiang Worldwide Group, our valued accomplice.”
Kent Zhu, CEO for Higher China at Accor, added: “The historical past of the Peace Resort is the historical past of Shanghai. Along with Jinjiang Worldwide Group, we have now labored to uphold the status of this nationwide treasure. Now, Raffles will add an thrilling ultra-luxurious dimension for this grand resort, the place concepts are born, historical past is made, and tales and legends are created.”
Dong Qing, the final supervisor of Shanghai Peace Resort, stated: “As a century-old cultural landmark in Shanghai, the brand new Peace Resort is not going to solely mix historical past and modernity but additionally present a contemporary technique to share the story of Shanghai with world friends. We look ahead to revitalising this historic constructing that carries the reminiscences of the town. Visitors is not going to onlyexperience traditional Shanghai type but additionally benefit from the status of worldwide luxurious hospitality.By making historical past tangible and tradition immersive, we’re maintaining alive the cherished culturalheritage of the Peace Resort.”
Highlights:
• Shanghai’s Peace Resort, at the moment a part of Fairmont Resorts & Resorts, can be rebranded as Raffles Peace Resort Shanghai by 2027.
• The resort will stay open throughout the transformation.
• Jinjiang Worldwide Group have owned the property since 1984.
