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Hang Lung joins forces with InterContinental Hotels Group to introduce Kimpton Hotels & Restaurants at Grand Gateway 66 in Shanghai | 12.09.24

Hang Lung joins forces with InterContinental Hotels Group to introduce Kimpton Hotels & Restaurants at Grand Gateway 66 in Shanghai | 12.09.24

Transforming the serviced apartment tower into Kimpton Xujiahui Shanghai will enhance the potential of the complex and the Xujiahui district

HONG KONG SAR & SHANGHAI, CHINA – Media OutReach Newswire – September 12, 2024 – Hang Lung Group (SEHK stock code: 00010) (“Hang Lung” or “the Group”) today announced that its terraced Grand Gateway 66 Serviced Apartment, located in 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”). The hotel, to be named Kimpton Xujiahui Shanghai and expected to open in late 2026, will not only enhance Grand Gateway 66’s competitive edge, but also bring vitality to the Xujiahui business district and offer a new urban luxury living experience.

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Mr. Weber Lo, Chief Executive Officer of Hang Lung Group (left), and Mr. Daniel Aylmer, Chief Executive Officer of IHG Greater China (right), sign the agreement to convert the Grand Gateway 66 Serviced Apartment into Kimpton Xujiahui Shanghai

Seamlessly connected to Grand Gateway 66, a hub of luxury brands and experiences, Kimpton Xujiahui Shanghai offers an integrated lifestyle that encompasses dining, living, travel, shopping and entertainment. It meets the demands of business and leisure travelers for personalization and aligns perfectly with Hang Lung’s vision to create compelling spaces that enrich lives. Featuring 149 guestrooms, a rooftop terrace, a sky terrace and an outdoor pool, the hotel offers a relaxing oasis amid the hustle and bustle of the city.

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(From left to right) Mr. Symon Bridle, Consultant – Hotel, Hang Lung Properties; Mr. Derek Pang, Senior Director – Mainland Business Operation, Hang Lung Properties; Mr. Weber Lo, Chief Executive Officer of Hang Lung Group; Mr. Daniel Aylmer, Chief Executive Officer of IHG Greater China; Mr. Kent Sun, Chief Development Officer of IHG Greater China; and Mr. Peter Zhou, Vice President of IHG Greater China at the signing ceremony for Kimpton Xujiahui Shanghai

Mr. Weber Lo, Chief Executive Officer of Hang Lung Group, said: “Grand Gateway 66, Hang Lung’s inaugural project in mainland China, has been one of the most iconic commercial complexes in the heart of Xujiahui business district since it opened its doors. Our collaboration with InterContinental Hotels Group to transform 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 offering and status and meeting the demand for luxury hospitality in the area. Our vision is to bring inspiration, energy and vibrancy to the city of Shanghai, thereby strengthening our presence in the commercial real estate market.”

Daniel Aylmer, CEO, IHG Greater China, said: “IHG has been operating in Greater China for 49 years and has been committed to the market, with a strong focus on expanding our Luxury & Lifestyle portfolio in top cities. The launch of Kimpton Xujiahui Shanghai marks an important step in bringing the Kimpton brand to a wider guest base and expanding our footprint in the luxury and boutique hotel sector in key cities. We are delighted to partner with Hang Lung Group to create a premier lifestyle destination in the commercial hub of Xujiahui, establishing Kimpton Xujiahui Shanghai as a new landmark with vibrant urban social experiences. Looking ahead, we look forward to further expanding our portfolio of Luxury & Lifestyle hotels in Greater China, catering to the diverse and personalised travel needs of our global guests.”

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Expected to open in late 2026, Kimpton Xujiahui Shanghai will bring a new urban luxury lifestyle to the heart of Xujiahui business district (Note: The photo is an artist’s rendering and is for reference only)

Guided by a design-first ethos, Kimpton Xujiahui Shanghai will draw inspiration from Shanghai’s vibrant culture and architectural heritage. The hotel’s exterior will combine the original structure with elegantly curved rooflines and ridges, embodying the city’s unique spatial rhythm. In line with the project’s luxury positioning, Grand Gateway 66 will co-curate a diverse range of premium experiences with the hotel for discerning customers, setting new trends in Xujiahui and opening up new avenues for consumption growth, while further integrating Shanghai’s high-end business, cultural and tourism sectors.
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About Hang Lung Group

Hang Lung Group Limited (SEHK stock code: 00010) is one of the best-known listed companies in Hong Kong, with over 60 years of experience in the property development market.

Through our subsidiary Hang Lung Properties Limited (SEHK stock code: 00101), the Group develops and manages a diversified portfolio of prime properties in Hong Kong and the nine mainland cities of Shanghai, Shenyang, Jinan, Wuxi, Tianjin, Dalian, Kunming, Wuhan and Hangzhou. With its luxury positioning under the “66” brand, the Group’s mainland portfolio has established its leading position as the “Pulse of the City”.

At Hang Lung Group – We are doing well.

For more information, please visit www.hanglung.com/en-us/group.

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News Source: Hang Lung Group

12/09/2024 Distribution of a financial press release, sent by EQS News.
The publisher is solely responsible for the content of this communication.