Shanghai’s Peace Hotel To Join The Raffles Portfolio

Raffles Welcomes Shanghai’s Peace Hotel

Accor and Jinjiang International Group have unveiled a new chapter for the iconic Peace Hotel, cherished as one of Shanghai’s treasured landmarks. Initially constructed in 1929 by Sir Victor Sassoon as the Cathay Hotel, this art deco gem has been under Jinjiang Group’s ownership since 1984 and joined Fairmont Hotels & Resorts in 2010. The renowned hotel will remain operational throughout its transformation. It will launch in 2027 as the Raffles Peace Hotel Shanghai, a flagship collection featuring the Raffles Singapore and the Raffles London at The OWO.

“This magnificent hotel is a precious gem and a landmark in an all-important destination. As the stewards of such an iconic property, we are exceptionally proud to guide it into a glamorous new era with Raffles, and honored to embark on the next chapter of our relationship with Jinjiang International Group, our valued partner,” said Omer Acar, CEO, Raffles Hotels & Resorts and Fairmont Hotels & Resorts.

“The history of the Peace Hotel is the history of Shanghai. Together with Jinjiang International Group, we have worked to uphold the prestige of this national treasure. Now, Raffles will add an exciting ultra-luxurious dimension for this grand hotel, where ideas are born, history is made, and stories and legends are created,” said Kent Zhu, CEO, Accor Greater China.

“As a century-old cultural landmark in Shanghai, the new Peace Hotel will not only blend history and modernity but also provide a fresh way to share the story of Shanghai with global guests. We look forward to revitalizing this historic building that carries the memories of the city. Guests will not only experience classic Shanghai style but also enjoy the prestige of international luxury hospitality. By making history tangible and culture immersive, we are keeping alive the cherished cultural heritage of the Peace Hotel,” said the owner representative, Dong Qing, General Manager of Shanghai Peace Hotel Co., Ltd.

Accor and Jinjiang International Group have established a reliable partnership, laying a solid foundation for the Peace Hotel’s future. Accor’s global reputation in luxury hospitality is well-known, and the Raffles brand is poised to infuse vitality into this iconic establishment. Raffles aligns perfectly with the Peace Hotel’s century-old heritage, capable of delivering a guest experience that celebrates the charm of Shanghai culture.

At the upcoming Raffles Peace Hotel Shanghai, both visitors and locals can look forward to an atmosphere of refined elegance that showcases fine art and design, outstanding cuisine, and personalized service. The hotel’s design will reflect the spirit of modern Shanghai while honouring its historical significance and protecting treasures acknowledged by the National Key Cultural Relic Protection Unit. Blending the brand’s combination of hospitality, sophistication, and elements of Chinese cultural heritage, Raffles Peace Hotel Shanghai aims to be a hub of inspiration, culture, and culinary and bar experiences that Raffles guests worldwide have come to cherish.

Raffles has a strong presence in China, featuring a collection of retreats that harmonize contemporary luxury with cultural heritage, which locals and visitors love. Its destinations include Macau, Shenzhen, and Hainan, alongside major international spots such as Singapore, Paris, London, Boston, Istanbul, Dubai, Doha, the Maldives, Udaipur, Phnom Penh, and Bali. Recently, Raffles launched in Sentosa, Singapore, and is set to open in Jeddah, Saudi Arabia, later this year.