Shangri-La signs dual-brand for Shanghai Airport

By Dev Anand | 1 December 2019

Main Photo: The dual-brand Shangri-La hotels opening 2023

Date: December 2019

Location: Shanghai Hongqiao Airport, China

Name: Shangri-La and Traders Hotels – opening 2023

No. of Keys: TBA

Seller: Shanghai Airport Authority and Shangri-La Group have signed a cooperation agreement for the Shanghai Hongqiao Airport Shangri-La hotel project, part of the Hongqiao Business District and Shanghai Hongqiao integrated transportation hub.

Buyer: When it opens, the 55,000-square-meter hotel will be in the north wing of the airport’s Terminal 2. Construction on the project, a dual-brand Shangri-La and Traders hotel, is slated to begin next year, and the property is scheduled to open in 2023.

When it opens, the 55,000-square-meter hotel will be in the north wing of the airport’s Terminal 2, with the lobby directly connected to the terminal. The hotel will also be adjacent to the high-speed rail station, connecting Shanghai to other domestic cities, the city metro system and the upcoming maglev train between the Hongqiao and Pudong airports.

Shangri-La Group currently owns and/or manages more than 100 hotels globally in more than 75 destinations under the Shangri-La Hotel and Resorts, Kerry, Jen by Shangri-La and Traders Hotel brands. The group has a pipeline of hotel and mixed-use development projects in Australia, Bahrain, Mainland China, Cambodia, Indonesia and Saudi Arabia.

The property is seen as an ideal venue for meetings, incentives conferences and events (MICE), plus it will offer catering space for social functions to locals and travellers alike.

THPT Comment: Interesting move for Shangri-La, to open at an international airport…good to see progress on the Traders brand.

First Seen: Blue Swan Daily

The Hotel Property Team (THPT) is a small group of highly experienced business professionals. Between us, we provide a range of skills and experience which is directly relevant to those involved in the hotel property market.

For more information – Visit www.thpt.co.uk or email info@rrh.hmf.mybluehost.me.

Posted in Recent Deals