Shangri-La and NeoGlory Group Sign Management Agreement for Shangri-La Hotel, Yiwu to Open Q4 2016
December 15, 2015 9:16am
Hong Kong, December 15, 2015 - Shangri-La International Hotel Management Limited and NeoGlory Holdings Group Company Limited today signed an agreement in relation to the management of Shangri-La Hotel, Yiwu. Scheduled to open at the end of 2016, the hotel will form part of the upscale and newly built Yiwu World Trade Centre that comprises 480,000 square meters (over 5.1 million square feet) of luxury living and expansive commercial and retail space in the heart of the city's central business district.
Flanked by the scenic Yiwu River and Futian Park, Shangri-La Hotel, Yiwu will present a combined inventory of approximately 516 guestrooms and serviced apartments with panoramic views of the skyline and premier dining, leisure and conference facilities. Just one and a half hours by high speed train from Shanghai, Yiwu in Zhejiang Province is known as a vibrant commodities trade center and for its tourist sites.
"We are delighted to sign this partnership with NeoGlory Holdings Group Company Limited and to be opening a new hotel," said Greg Dogan, president and chief executive officer of Shangri-La. "This project provides the group an opportunity to further extend our brand portfolio in China and to bring new standards of luxury and hospitality to Yiwu."
"We are pleased to jointly announce this project and to have found the right brand and operator," said Chairman Ms. Zhou Xiao Guang and President and CEO Mr. Heebo Yu Yun Xin of NeoGlory Holdings Group Limited, expressing their excitement about the partnership. "Shangri-La is a leading hospitality company and we are confident that together, the hotel will be of exceptional standards.
shangri-la hotel, yiwu
Founded in 1995 and based in Yiwu, China, NeoGlory Holdings Group Company Limited is the world's market leader in costume and fashion jewelry. The company employs over 100,000 people and has established a sales force in 70 countries with nearly 1,000 stores across China. The company has interests in investment, commerce and trade and has also diversified into wine and property development.
Hong Kong-based Shangri-La Hotels and Resorts, one of the world's premier hotel companies, currently owns and/or manages over 90 hotels under the Shangri-La brand with a room inventory of over 38,000. Over four decades the group has established its brand hallmark of 'hospitality from the heart.' The group has a substantial development pipeline with upcoming projects in mainland China, Cambodia, Hong Kong, India, Myanmar, Philippines, Qatar and Sri Lanka. For more information and reservations, please contact a travel professional or access the website at www.shangri-la.com.
Contact: Judy Reeves - Director of Public Relations, The Americas - Shangri-La Hotels and Resorts
Shangri-La Hotel, Yiwu Opens in 52-Story Mixed-Use Yiwu World Trade Centre – the Tallest Building in Zhejiang Province
Melbourne's New 500-Room Luxury Hotel will Open in 2022 Under the Shangri-La Hotels & Resorts Flag
Oliver Bonke Named President and Chief Operating Officer of Shangri-La Hotels and Resorts
Shangri-La Hotels and Resorts Opens Newly-Built Midtown Shangri-La, Hangzhou
Shangri-La's Hambantota Resort & Spa Set for June Opening on the Southern Coastline of Sri Lanka
50-Story Shangri-La Hotel, Doha Opens in West Bay District of the Qatari Capital
Assila Investments and Shangri-La Sign Contract for Management of Shangri-La Hotel, Jeddah
Shangri-La's Le Touessrok Resort & Spa, Mauritius to Debut Nov. 1st Completing Six-Month Renovation
Assila Investments and Shangri-La Sign MOU for Management of New Luxury Hotel in Jeddah
Development Launched for 300-room Shangri-La Hotel in Phnom Penh, Cambodia to Open in 2019
The 302-room Shangri-La Hotel, Tianjin Opens in China
Slated to Open in 2017, the 350-key Lakeside Shangri-La, Yangon is Under Development in Myanmar
Shangri-La Signs Management Agreement for Shangri-La Hotel, Shaoxing, China Slated to Open in 2017
Shangri-La Hotels and Resorts to Open Two Hotels in Mainland China in August 2013
Shangri-La Hotels and Resorts Opens the 508-room Jing An Shangri-La, West Shanghai
Shangri-La Hotels and Resorts is Set to Open the 424-room Shangri-La Hotel, Shenyang in China
Please login or register to post a comment.