Shanghai’s Historic Peace Hotel to Open After Restoration Work
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Shanghai’s Peace Hotel, which once accommodated Charlie Chaplin and other celebrities, opened to guests today after three years of restoration, the managers said in a statement.
Fairmont Peace Hotel will be managed by Chinese hotelier Shanghai Jin Jiang International Hotels (Group) Co. and Fairmont Hotels & Resorts Inc., which runs the Savoy hotel in London. Jin Jiang, which operates more than 600 hotels in China, spent HK$500 million ($64 million) to restore the building.