Jin Jiang Plans World’s Highest Hotel in Shanghai

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Shanghai Jin Jiang International Hotels Group Co. plans to build the world’s highest hotel in the Chinese city that will displace the neighboring Park Hyatt and the Ritz-Carlton that will open in Hong Kong in March.

The venture with Shanghai Tower Development Co. will develop the 258-room Shanghai Tower J-Hotel, which will occupy the 84th to the 110th floors of the 121-story building, said a Jin Jiang filing to the Hong Kong exchange yesterday. The 632-meter Shanghai Tower in the Pudong business hub is set to be the world’s second-tallest building when it’s completed in 2014.