Accor and Jinjiang aim to transform The Fairmont Peace Hotel, which will debut as The Raffles Peace Hotel Shanghai in 2027.
Built in 1929 by Sir Victor Sassoon as the Cathay Hotel, the art deco masterpiece has been owned by Jinjiang Group since 1984, and became a part of Fairmont Hotels & Resorts in 2010. The legendary hotel will remain open during its transformation before debuting in 2027 as the Raffles Peace Hotel Shanghai, a flagship among a celebrated portfolio that includes the illustrious Raffles Singapore as well as the historic Raffles London at The OWO.