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Le Meridien signs agreement to operate an additional hotel in the People`s Republic of China

Le Meridien Hotels & Resorts has announced an agreement to manage Le Meridien She Shan, People`s Republic of …

Le Meridien Hotels & Resorts has announced an agreement to manage Le Meridien She Shan, People`s Republic of China, currently under construction in the Songjiang Satellite City in Shanghai.

The second hotel to be managed by Le Meridien in the People`s Republic of China, Le Meridien She Shan will open in the third quarter of 2005. The hotel is being developed by Shanghai Shimao Group, which also owns Le Royal Meridien Shanghai, currently under construction and also due to open in the third quarter of 2005.

Conveniently located within a one-hour drive from Shanghai City Centre, Le Meridien She Shan is within the National Tourist Resort of She Shan. Known to be Shanghai`s most beautiful and natural picturesque landscape, the area has been identified by Chinese authorities as a primary tourist precinct and will eventually comprise some 47 square kilometres of cultural and recreational facilities including sculpture gardens, golf courses, hotels and convention facilities.

The five-star Le Meridien She Shan will feature 325 apartments and suites, all offering panoramic views of Yuehu Lake, as well as a state-of-the-art convention facility with capacity for up to 2,400 people, various food & beverage outlets and a comprehensive range of leisure facilities.

Michael Sagild, Le Meridien`s regional managing director, Asia Pacific, said: We are delighted to be expanding our partnership with Shanghai Shimao Group with this second project in China. Le Meridien She Shan will complement Le Royal Meridien Shanghai with these two properties enjoying fantastic hub & spoke synergies under common branding and ownership.

Le Meridien She Shan, set in the heart of the pristine National Tourist Resort, will set the new benchmark for destination convention and leisure hotels in China. With its distinct design, elegant and contemporary interior and the latest technology, the hotel will no doubt welcome many prestigious functions and events following its opening in 2005, Sagild added.

Shanghai Shimao Group is one of Asia Pacific`s leading real estate developers. It currently has five major projects under development in China and is primarily focused on the high-end residential and retail market sectors. This is Shimao`s second major hotel project in China.

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