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Raffles to plant Swisstel in Shanghai
Singapore
 

Singapore  
(13th Jan 2005)


RAFFLES International Limited has inked a deal with Jing An City Construction Fitting Development Company to manage a hotel in Shanghai slated for opening in 2007.

Named Swisstel Grand Shanghai, the 478-room deluxe hotel will be Raffles International's first property in Shanghai. The property is in Jing'an district within walking distance to the Nanjing West Road shopping street.

Raffles Holdings chief executive officer, Ms Jennie Chua said: “We have now gained a foothold in Shanghai which is a key and important gateway city in Chinawe believe that besides business and leisure travel, Shanghai is poised to experience growth in its convention and exhibition industry.”

 
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