The world's leading luxury hotels are rushing to expand in Shanghai ahead of next year's World Expo, with hopes high for the upscale travel sector in the Chinese financial hub despite the global downturn. The opulent Peninsula, the only new building on the main part of Shanghai's historic Bund in...
* Hotel is first major joint venture between Cuba, Qatar * Qatar firm sees great demand for luxury hotels in Cuba * Firm's CEO says Cuba will be a focus of its investment HAVANA, May...
Sofitel, a unit of France-based hotel group Accor, recently opened a new luxury hotel in Shanghai, the China Hospitality News reported.The hotel was developed by Guangdong Huanghe Industry Group and is operated by Accor's Sofitel.The 368-room Sofitel Shanghai Sheshan Huanghe is located in Sheshan...
Mar. 5, 2009 (China Knowledge) - US-based Hilton Hotels Corp yesterday announced plans to open a luxury hotel on the Bund Shanghai, one of the most famous tourist destinations in the city, sources reported.
Feb. 12, 2009 (China Knowledge) - Shanghai Industrial Holdings Ltd (SIIC)<363> plans to buy two luxury hotels in Shanghai Xintiandi, an area known as "the city's living-room", sources reported.The hotels are the HanTang Jumeirah Shanghai...
Regal Hotel International Holdings Ltd<0078>, one of the largest hotel operators in Hong Kong, recently entered into a hotel management agreement with Bosideng Holdings Ltd<3998> to manage a five-star luxury property in Dezhou, Shandong Province for the latter as part of its plan to expand in mainland China....
Dec. 3, 2008 (China Knowledge) - Shun Tak Holdings<242>, a Hong Kong-listed conglomerate controlled by Macao's gaming tycoon Stanley Ho, has signed a management agreement with the Dubai-based Jumeirah Group, to operate its newest five-star...
NEW YORK, Nov 10 - Luxury hotel and resort developer Donald Trump sued Deutsche Bank and several other banks on Monday, demanding $3 billion in damages, claiming they broke agreements in the construction and financing...
W Hotels Group, part of the world's largest hotel owner Starwood, has terminated a management contract to operate a luxury hotel for Sun Hung Kai Properties<0016> in Shanghai, sources reported.The decision was made out of concerns that the hotel market would be further affected by the economic downturn. The...
Shangri-La Hotels and Resorts, Asia Pacific's leading luxury hotel group, has been awarded as the Best Business Hotel Brand in Asia-Pacific for the ninth consecutive year at the 2009 Business Traveller Asia-Pacific's 18th Travel Awards, which was held in Hong Kong on Sep. 25.Shangri-la also won other titles at...