Peace Hotel
The Peace Hotel is a world famous hotel on The Bund in Shanghai, China in the former International Settlement and overlooking the Huangpu River. The hotel today comprises two buildings. The North Building is Sassoon House, which housed the former Cathay Hotel. The South Building is the former Palace Hotel. The two buildings both face the Bund, but are divided by the famous Nanjing Road, arguably the busiest street in Shanghai. It was announced on April 16th, that the hotel will soon be closing, going through a complete renovation and reopening in 2009 as the pre-eminent luxury hotel in Shanghai as the Fairmont Peace Hotel Shanghai.
