Shanghai’s Iconic Peace Hotel to Join the Glamorous Raffles Portfolio
International news
Accor and Jinjiang International Group today announced a new era for the world-renowned Peace Hotel, one of Shanghai’s most beloved landmarks. Built in 1929 by Sir Victor Sassoon as the Cathay Hotel, the art deco masterpiece has been owned by Jinjiang Group since 1984, and became a part of Fairmont Hotels & Resorts in 2010.
The legendary hotel will remain open during its transformation before debuting in 2027 as the Raffles Peace Hotel Shanghai, a flagship among a celebrated portfolio that includes the illustrious Raffles Singapore as well as the historic Raffles London at The OWO.
Raffles is well-established in China, with a portfolio of spectacular retreats that blend modern luxury with heritage and are cherished by locals and travelers alike. Destinations include Macau, Shenzhen, and Hainan, along with key international locations in Singapore, Paris, London, Boston, Istanbul, Dubai, Doha, Maldives, Udaipur, Phnom Penh and Bali, among others.
Most recently, Raffles debuted in Sentosa, Singapore and will open in Jeddah, Saudi Arabia later this year.