Shangri-La announcdes new Hong Kong Traders Hotel To Open in 2015

Shangri-La Asia Limited today announced that the company will build and operate a multi-use complex on Hung Luen Rd at Hung Hom Bay to include a Traders Hotel as well as retail and leisure facilities. The announcement followed the official confirmation that Shangri-La won the bid for the land acquisition at a government auction. The Traders Hotel will be the fourth property for the company in Hong Kong.

The complex includes two podium floors for contemporary retail, lifestyle and entertainment facilities to support the surrounding office and residential buildings. A transport interchange within the building offers easy access to the surrounding areas including the upcoming cruise terminal in the bay.

The 15-storey hotel will feature 698 guestrooms with a minimum size of 32 square metres; most offering unobstructed Victoria Harbour views. The hotel facilities will also include three restaurants, a 1000 square metre health club plus a 50 by 25 metres outdoor swimming pool facing the harbour. The meeting and banqueting facilities will include a 700-square-metre ballroom.

"We are delighted to have been awarded this prime location on Victoria Harbour," said Greg Dogan, president and chief executive officer of Shangri-La International Hotel Management Limited. "The area around Hung Hom Bay is going through a redevelopment and with the facilities offered at the new complex we will be able to offer valuable amentities to back the surounding community."

About Shangri-La Group

Shangri-La Group is one of the world's premier developers, owners and managers of hotel and investment properties which comprises office buildings, commercial real estate and serviced apartments/residences. The Group's other principal activities include hotel management services as well as property development for sale. It currently owns and/or manages over 100 hotels globally in 78 destinations under the Shangri-La, Kerry, JEN and Traders brands. Prominently positioned in Asia, the Group has a substantial pipeline of upcoming hotel and mixed-use development projects in Australia, the Chinese mainland, Cambodia, and Japan. For more information, please visit https://www.shangri-la.com/group/.

Development Development Asia Pacific Hong Kong (SAR)

Shangri-La Group is one of the world’s premier developers, owners and operators of hotel and investment properties which comprises office buildings, commercial real estate and serviced apartments/residences. The Group’s other principal activities include hotel management services as well as property development for sale. It currently owns and/or manages over 100 hotels globally in more than 75 destinations under the Shangri-La, Kerry, Hotel Jen...