Shangri-La Hotels and Resorts has signed a management agreement with Beijing-based Super Shine Co. Ltd.
to operate a new Traders Hotel, located on Xiao Yun Road, in Upper
East Beijing.  The Traders Hotel,  opening early August 2008, in time for the Beijing Olympic Games, will be the group’s second Traders Hotel in the city.

  The Traders Hotel will be conveniently located in the north east of
  Beijing’s Central Business District by the 4th Ring Road and within 20
  minutes drive of Beijing Capital International Airport.

  Designed by Barcelona-based Ricardo Bofill, the hotel will feature 419
  rooms with city views and a minimum room size of 33 square metres. The
  five-floor,  77-room Traders Club will offer a host of special amenities
  such as a private meeting room, express check-in and check-out service,
  as well as an exclusive club lounge for daily breakfast and evening
  cocktails.

  The hotel’s dining and entertainment options will include a lobby lounge;
  a café  for all-day-dining; a Chinese restaurant with 13 private dining
  rooms over two floors and a sports bar.

  There will be a total of 2,000 square metres of meeting and function
  spaces and a business centre.  Recreational facilities will include a
  health club, indoor swimming pool and spa with nine treatment rooms.

  “We are grateful for the opportunity to partner with Super Shine Co. Ltd
  to introduce a second Traders hotel to Beijing,  to complement our
  existing portfolio of hotels in the capital city, just in time for the
  world   excitement   of the Olympic Games,”  said Giovanni Angelini,
  Shangri-La’s chief executive officer and managing director.

  “We are delighted to partner with Shangri-La and in particular their
  Traders brand,  given the huge potential of the four-star travel segment
  in China,” said Tang Jun, Board Chairman, Super Shine Co. Ltd.
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