Shanghai’s oldest luxury hotel closed for US$65m makeover – Tan Bee Leng

From Channel News Asia:
Shanghai’s oldest luxury hotel, Peace Hotel, has been closed for a US$65m restoration and is expected to reopen in 2010.

The century-old hotel may become more luxurious, more sophisticated and definitely more modern after its restoration.

But the authentic character of the German suite, where Charlie Chaplin stayed in in 1936, will be retained.

International hotel operator Fairmont Hotels & Resort, the new management of the hotel, has promised to preserve the rich heritage of the famous hotel while providing world-class hospitality to its guests. [Full Text]

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