Diaoyutai MGM Hospitality, the joint venture between MGM Resorts International and Diaoyutai State Guesthouse established in 2007, has signed a hotel management agreement with Shanghai West Bund Development (Group) Co Ltd that will see the company launch its first MGM-branded hotel in Shanghai.
According to details released on Tuesday, MGM Shanghai West Bund will feature 161 guest rooms and 58 suites, plus a variety of food and beverage, entertainment and other facilities.
The property will aim to attract luxury travelers and locals, offering an array of Las Vegas-inspired entertainment programs such as live performances by famous artists and art exhibitions.
“We’re honored that the MGM brand and our China joint venture, Diaoyutai MGM Hospitality, were selected by West Bund Group to operate this premium property in such an iconic zone,” said MGM Resorts CEO and President, Bill Hornbuckle.
“I admire the Group’s vision to develop the largest art zone in Asia and ultimately to help the city transform into an internationally celebrated capital of culture and arts. We will leverage our extensive experience and capabilities in entertainment management, art, exhibitions and sports to help MGM Shanghai West Bund deliver the energetic and exciting atmosphere that MGM is known for around the world.”
Fred Zhou, President and Director of Diaoyutai MGM Hospitality, said, “This is our first MGM city hotel to be opened in mainland China and our second time to hit the market in one of the most cosmopolitan cities in all of China.
“This pivotal signing highlights our commitment to expand our portfolio and we are confident that MGM Shanghai West Bund will be the most energetic art and entertainment destination in the city.”
Amenities will include an Italian restaurant with its own authentic pizza oven, a Chinese fine dining restaurant showcasing a range of storied Diaoyutai cuisines, a rooftop bar providing stunning river views accompanied by live music, and one of the largest spa’s in Shanghai taking inspiration from its sister operation in Macau – recently awarded five stars by Forbes.
Diaoyutai MGM Hospitality said it currently operates five hotels and three branded residences under various brands in strategic locations throughout China, including Beijing, Shanghai, Chengdu, Hangzhou, Nanjing, Sanya and Haikou.