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Shanghai’s Historic Peace Hotel to Open After Restoration Work

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.