MARRIOTT INTERNATIONAL SIGNS AGREEMENT TO BRING THE SECOND EDITION HOTEL TO SHANGHAI
Marriott International (MAR) has signed an agreement with New Development Group to open the second EDITION Hotel in Shanghai by 2026. Located in the Putuo District near Changfeng Park, the property will feature 278 luxurious rooms and suites with views of Suzhou Creek. The hotel will include three restaurants, two bars, a swimming pool, gym, spa, and meeting facilities.
This development expands Marriott's luxury portfolio in Greater China, which currently includes over 70 hotels. The project, designed by SCDA, aims to blend urban excitement with peaceful retreat, offering guests a unique luxury experience in one of Shanghai's dynamic commercial areas.
Marriott International (MAR) ha firmato un accordo con il New Development Group per aprire il secondo EDITION Hotel a Shanghai entro il 2026. Situato nel distretto di Putuo, vicino al Parco Changfeng, la struttura disporrà di 278 camere e suite lussuose con vista sul Suzhou Creek. L'hotel includerà tre ristoranti, due bar, una piscina, una palestra, una spa e strutture per incontri.
Questo sviluppo amplia il portafoglio di lusso di Marriott nella Grande Cina, che attualmente comprende oltre 70 hotel. Il progetto, progettato da SCDA, mira a combinare l'eccitazione urbana con un rifugio tranquillo, offrendo agli ospiti un'esperienza di lusso unica in una delle aree commerciali dinamiche di Shanghai.
Marriott International (MAR) ha firmado un acuerdo con el New Development Group para abrir el segundo EDITION Hotel en Shanghai para el 2026. Ubicado en el distrito de Putuo, cerca del parque Changfeng, la propiedad contará con 278 lujosas habitaciones y suites con vistas al Suzhou Creek. El hotel incluirá tres restaurantes, dos bares, una piscina, gimnasio, spa y salas de reuniones.
Este desarrollo amplía el portafolio de lujo de Marriott en la Gran China, que actualmente incluye más de 70 hoteles. El proyecto, diseñado por SCDA, busca fusionar la emoción urbana con un retiro pacífico, ofreciendo a los huéspedes una experiencia de lujo única en una de las áreas comerciales dinámicas de Shanghai.
메리어트 인터내셔널 (MAR)는 New Development Group와 협약을 체결하여 2026년까지 상하이에 두 번째 EDITION 호텔을 열 계획입니다. 창펑 공원 근처의 푸토 구에 위치한 이 호텔은 스저우 강의 전망을 갖춘 278개의 고급 객실과 스위트룸을 제공할 예정입니다. 호텔에는 3개의 레스토랑, 2개의 바, 수영장, 체육관, 스파 및 회의 시설이 포함됩니다.
이 개발은 현재 70개 이상의 호텔이 포함된 메리어트의 중국 대륙 내 고급 포트폴리오를 확장합니다. SCDA가 설계한 이 프로젝트는 도시의 활력과 평화로운 은신처를 결합하여 상하이의 역동적인 상업 지역 중 하나에서 독특한 고급 경험을 제공하는 것을 목표로 하고 있습니다.
Marriott International (MAR) a signé un accord avec le New Development Group pour ouvrir le deuxième EDITION Hotel à Shanghai d'ici 2026. Situé dans le quartier de Putuo, près du parc Changfeng, l'établissement comprendra 278 chambres et suites luxueuses avec vue sur le Suzhou Creek. L'hôtel comptera trois restaurants, deux bars, une piscine, une salle de gym, un spa et des installations pour des réunions.
Ce développement élargit le portefeuille de luxe de Marriott en Grande Chine, qui comprend actuellement plus de 70 hôtels. Le projet, conçu par SCDA, vise à allier l'excitation urbaine à un refuge paisible, offrant aux clients une expérience de luxe unique dans l'un des quartiers commerciaux dynamiques de Shanghai.
Marriott International (MAR) hat eine Vereinbarung mit der New Development Group unterzeichnet, um bis 2026 das zweite EDITION Hotel in Shanghai zu eröffnen. Das Hotel wird im Putuo-Viertel in der Nähe des Changfeng-Parks liegen und 278 luxuriöse Zimmer und Suiten mit Blick auf den Suzhou Creek bieten. Es wird drei Restaurants, zwei Bars, einen Swimmingpool, ein Fitnessstudio, ein Spa und Konferenzräume umfassen.
Diese Entwicklung erweitert das Luxusportfolio von Marriott im Großraum China, das derzeit über 70 Hotels umfasst. Das von SCDA gestaltete Projekt zielt darauf ab, städtische Aufregung mit einem ruhigen Rückzugsort zu verbinden und den Gästen ein einzigartiges Luxusgefühl in einem der dynamischen Geschäftsviertel Shanghais zu bieten.
- Expansion of luxury portfolio in Greater China market
- Strategic location in Shanghai's commercial district
- Addition of 278 rooms to Marriott's inventory
- Diversification of revenue streams with multiple amenities (restaurants, bars, spa)
- None.
Insights
This hotel development agreement in Shanghai represents a strategic expansion of Marriott's luxury portfolio but has minimal immediate financial impact. The 278-room EDITION hotel, while prestigious, is relatively small compared to Marriott's total portfolio of over 9,100 properties. The 2026 opening timeline means revenue impact is distant.
The location in Shanghai's Putuo district, near Changfeng Park and Suzhou Creek, positions the property well for both business and leisure travelers. However, China's luxury hotel market faces challenges including oversupply in tier-1 cities and economic headwinds affecting high-end spending. The project's success will depend heavily on post-pandemic recovery of international travel and local luxury consumption patterns.
For investors, this represents Marriott's continued commitment to expanding its luxury presence in Greater China, where it now operates over 70 luxury hotels. While positive for long-term brand positioning, the single property addition is unlikely to materially impact Marriott's near-term financial performance.
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Nestled by the Suzhou Creek in the Putuo district, adjacent to Changfeng Park, The Shanghai EDITION, Changfeng Park will immerse guests in
Designed by SCDA, a renowned international practice known for its holistic and sustainable spatial experiences, the hotel will feature 278 luxurious guest rooms and suites, many with stunning views of Suzhou Creek and Changfeng Park, making for the ultimate urban retreat. Guests will be able to indulge in culinary delights at three bespoke restaurants, complemented by two sophisticated bars. For relaxation, the hotel will offer a swimming pool, state-of-the-art gym, and spa. Additional facilities will include multiple meeting studios, ideal for corporate gatherings and social events.
"We are proud to partner with Luxury Group by Marriott International on The Shanghai EDITION, Changfeng Park project, building off the success of our previous developments," said Mr. Ding Furu, Chairman of New Development Group. "We are certain that The Shanghai EDITION, Changfeng Park will elevate the standard of luxury hospitality in
The signing underscores Marriott International's growing luxury portfolio in
About EDITION Hotels
EDITION Hotels is an unexpected and refreshing collection of individualized, customized, one-of-a-kind hotels that redefines the codes of traditional luxury. Displaying the best of dining and entertainment, services, and amenities "all under one roof," each EDITION property is unique, reflecting the best cultural and social milieu of its location and time.
Each hotel, with its individuality, authenticity, originality, and unique ethos, reflects the current spirit and zeitgeist of its location. Although all the hotels look completely different, the brand's unifying aesthetic is in its approach and attitude to the modern lifestyle rather than its appearance. EDITION is about a mindset and how it makes you feel rather than the way it looks. Sophisticated public spaces, finishes, design, and details serve the experience rather than drive it.
For an underserved market of affluent, culturally savvy, and service-savvy guests, the EDITION experience and lifestyle explores the unprecedented intersection and the perfect balance between taste-making design and innovation and consistent, excellent service globally. EDITION currently operates 20 hotels in
ABOUT LUXURY GROUP BY MARRIOTT INTERNATIONAL
With an unrivaled portfolio of eight dynamic luxury brands, Marriott International is creating authentic, rare, and enriching experiences sought by today's global luxurian. Spanning all corners of the world, Marriott International's Luxury Group offers a boundless network of more than 520 landmark hotels and resorts in 70 countries and territories through The Ritz-Carlton, Ritz-Carlton Reserve, Bvlgari Hotels & Resorts, St. Regis Hotels & Resorts, EDITION, The Luxury Collection, JW Marriott, and W Hotels. From the world's most iconic destinations to the ultimate undiscovered gems, the international hospitality leader's collection of luxury brands is focused on elevating travel with highly contextualized, nuanced brand experiences that signal the future of luxury by allowing guests to indulge their passions while sparking personal growth.
About Marriott International
Marriott International, Inc. (Nasdaq: MAR) is based in
Marriott encourages investors, the media, and others interested in the company to review and subscribe to the information Marriott posts on its investor relations website at www.marriott.com/investor or Marriott's news center website at www.marriottnewscenter.com, which may be material. The contents of these websites are not incorporated by reference into this press release or any report or document Marriott files with the SEC, and any references to the websites are intended to be inactive textual references only.
ABOUT NEW DEVELOPMENT GROUP
New Development Group is a comprehensive multinational group company. It is mainly engaged in four major industries including real estate development and sales, hotel investment and management, manufacturing industry, and financial investment.
The company under the management of Group had been established as early as 1992. Since its establishment, the Group so far owns over 100 subsidiaries and relative affiliates. The industry and project footprints are all over mainland of
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SOURCE Marriott International, Inc.
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