Grand Shanghai Tai Ping Yang in hotel agreement with Starwood

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    clpstaff

    Grand Shanghai Tai Ping Yang Hotel, a joint venture led by LaSalle investment team, has signed a hotel management agreement with Starwood Hotels and Resorts.…

    Grand Shanghai Tai Ping Yang Hotel, a joint venture led by LaSalle investment team, has signed a hotel management agreement with Starwood Hotels and Resorts. Robert Williams, who led the Baker & McKenzie team, commented: “China is one of the hottest hotel markets globally in terms of growth and development. Shanghai is a vibrant gateway city for China, and retaining an operator of Starwood's quality for the hotel was important for the owner,” he said. Baker & McKenzie advised the new owners of the Sheraton, while Wilkinson & Grist acted for Starwood.

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