Transforming the serviced apartment tower into Kimpton Xujiahui Shanghai will strengthen the offerings of the complex and the Xujiahui district
HONG KONG SAR & SHANGHAI, CHINA – Media OutReach Newswire – 12 September 2024 – Hang Lung Group (SEHK stock code: 00010) (“Hang Lung” or “the Group”) today announced that its terraced Grand Gateway 66 Serviced Apartment, located within the Group’s Grand Gateway 66 commercial complex in Shanghai, will be revitalized with the introduction of Kimpton Hotels & Restaurants—a luxury boutique brand under InterContinental Hotels Group (“IHG”). Named Kimpton Xujiahui Shanghai and scheduled to open by the end of 2026, the hotel will not only enhance the competitive advantage of Grand Gateway 66 but will inject vitality into the Xujiahui business district, providing a new urban luxury living experience.
Mr. Weber Lo, Chief Executive Officer of Hang Lung Group, said, “Grand Gateway 66, Hang Lung’s inaugural project in mainland China, has stood as one of the most iconic commercial complexes in the heart of Xujiahui business district since it opened its doors. Our partnership with InterContinental Hotels Group to transform the Grand Gateway 66 Serviced Apartment into Kimpton Xujiahui Shanghai marks a significant step in enhancing the complex’s positioning as the ‘GATEWAY TO INSPIRATION,’ as well as its international and domestic appeal. This initiative reflects our long-term commitment to Xujiahui district, elevating its offerings and status while addressing the demand for luxury hospitality in the area. It is our vision to infuse inspiration, energy, and vibrancy into the city of Shanghai, thereby strengthening our presence in the commercial real estate market.”
Daniel Aylmer, CEO, IHG Greater China, said, “Entering Greater China for 49 years, IHG has been dedicated to this market, with a strong focus on expanding our Luxury & Lifestyle portfolio in top-tier cities. The launch of Kimpton Xujiahui Shanghai marks an important step in bringing the Kimpton brand to a wider guest and expand our footprint in the luxury and boutique hotel sector in key cities. We are excited to partner with the Hang Lung Group to create a premier lifestyle destination in Xujiahui commercial hub, establishing Kimpton Xujiahui Shanghai as a new landmark with vibrant urban social experiences. Looking ahead, we are eager to further expand our portfolio of Luxury & Lifestyle hotels across Greater China, catering to the diverse and personalized travel needs of our global guests.”
