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Transactions - JULY 30, 2020

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Lonsen Land Group to develop new hotel in mainland China

by Released

Lonsen Land Group has plans to develop a new hotel in mainland China set to break ground in 2022, with an expected opening in 2028. It is situated in the heart of Shanghai’s Jing’An District and Suhewan area, an emerging business and cultural hub, Rosewood Shanghai.

Rosewood Shanghai will offer 200 guestrooms and suites, five food and beverage establishments, and Asaya, Rosewood Hotels & Resorts’ wellness concept. The hotel will occupy the top floors of the site’s landmark building, which will be one of the tallest complexes in the city’s Puxi district at 320 meters (tk feet).

“As we continue to grow the brand throughout Asia and specifically mainland China, Shanghai has long been a priority destination in which to plant the Rosewood flag,” said Sonia Cheng, chief executive officer of Rosewood Hotel Group. “The country’s largest city and economic hub, Shanghai embodies several of our key brand values — innovation, creativity and originality. We

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