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Is The Peninsula Hotel in Shanghai Now Under New Ownership? HA

The initial press release was like this.


The Hotel is managed by Hopson Commercial Property Management Company, and the hotel is located in the Shanghai Jing'an District, Suhe River Bay. From the top floor, you can overlook the beautiful city scenery.


The same KPF architecture firm as the Hong Kong Hotel, with 220 rooms and 83 Residences, the Executive Lounge is a landmark luxury and exclusive rest area for the Hotel, and 4 creative dining choices: cafe, bar, Chinese restaurant, outdoor restaurant and bar, are all about to enter the Shanghai Hotel. The concept originated from the Asaya resort destination in Phuket Hotel, providing guests with a series of exclusive services. The expected opening is in 2024.


However, a picture started circulating in March. It wasn't the previously mentioned Suhe River Hopson Hub.

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Huh?

Another contract? Will there be two Hotels in Shanghai?

Is it a new owner re-signing?


Let's first look at Lonsen's project, on the Suzhou River, 'DaTong Lu'


Zoom in on the map, along the Suzhou River line, a line of luxurious hotels is rising, creating a beautiful skyline.


▼Shanghai Suning Boryi Jia Hotel

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▼Shanghai Bulgari Hotel


This is a view taken by Sonia in 2018 when she inspected the Shanghai Hotel construction site. It's similar to the perspective of the Suzhou River North bank's DaTong Lu. HA guessed that the land hadn't changed, just the owner changed.


About Zhejiang Lonsen


Zhejiang Lonsen Group Co., Ltd. is a national large enterprise with dye chemical as its main business. It is a comprehensive group with chemical, steel, and real estate as its three major industries. The company was established on June 13, 1970. After 40 years of pioneering and development, it has now developed into a large enterprise with a headquarters in Shangyu, covering an area of 3 square kilometers with more than 10,000 employees, an annual total tax revenue of more than 500 million yuan, and assets exceeding 20 billion yuan. It has more than 100 subsidiaries, distributed in Shanghai, Sichuan, Jiangxi, Guangdong, Jiangsu, Hong Kong and other provinces.


Of course, it could also be that Hopson and Lonsen are joint owners, let's continue to follow the news.


Also, the Chengdu Hotel, scheduled to open in 2023, is worth paying attention to.



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