As of October 2021, Shanghai Peace Hotel does not belong to individuals. It belongs to Shanghai Jinjiang Hotel Group and is a state-owned enterprise.
Peace Hotel is China's first world-famous hotel. In 2005, its turnover reached 188 million yuan, profits reached 66.68 million yuan, and it received 101,468 guests.
The North Tower of the Peace Hotel was built in 1929, formerly known as the Chinachem Hotel. It is a Chicago School Gothic building with a height of 77 meters and a total of 12 floors. The hotel is located at the intersection of Nanjing East Road and the Bund in Shanghai.
In 1929, Jewish businessman Victor Sassoon conceived and created a hotel named "Cathay Hotel", which later became the Peace Hotel. It was designed by Palmer & Turner, an architect in the Chicago School Gothic design style. It was characterized by a green copper sheathed roof 77 meters above sea level.
After liberation, the hotel reopened in 1956 and was named Peace Hotel. The Peace Hotel has renovated its guest rooms, restaurants, etc., giving it a new look, while the architectural style still maintains its original appearance, making guests staying here feel as if they are in a time tunnel, imagining in the fusion and interweaving of modernity and tradition, trendy and retro. Thousands.
The average age of the six musicians in the Peace Senior Jazz Band is over seventy-five years old, and they have been a repertoire of the Peace Hotel since the 1980s.