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Hyatt Announces Plans for the First Alila Hotel in Shanghai, China

Hyatt announced today that a Hyatt affiliate has entered into an agreement with an affiliate of Fungseng Prosperity Holdings Limited ("Fungseng Prosperity") to develop a 188-room Alila hotel in the Jing'an District of Shanghai. A high-profile conversion project, Alila Shanghai is expected to debut in 2023 and will be the first Alila branded urban hotel in China, offering a relaxing and nature-infused luxury retreat in the heart of the bustling metropolis.

Co-Operation Agreement for The Shanghai Hongqiao Airport Shangri-La Hotel Project

Shanghai Airport Authority and Shangri-La Group jointly announced the official signing of a co-operation agreement for the Shanghai Hongqiao Airport Shangri-La hotel project today. Leveraging on the developmental plans of the Hongqiao Business District and Shanghai Hongqiao integrated transportation hub, the new Shangri-La hotel will be an ideal venue for meetings, incentives conferences and events (MICE), plus offer the perfect catering space for social functions to locals and travellers alike. Construction is expected to commence in 2020. The hotel is targeted to be completed and operational in 2023.