Shangri-La hotel group set for New York

09 January 2007 by
Shangri-La hotel group set for New York

Luxury oriental hotel group Shangri-La has admitted it is close to signing a deal for its first property in New York.

A spokeswoman for the group confirmed discussions were ongoing but added: "Nothing is official, as negotiations are still underway."

It is currently unclear where the site is, and whether the hotel would be owned by Shangri-La or run under a management agreement.

The group, which has management contracts for most of its properties but does own some flagship sites, recently completed a management agreement for a hotel in Chicago, which is scheduled to open in 2009.

Last year saw Shangri-La announce its first properties in Europe and Japan.

Shangri-La to open in Phuket >>

International openings - Shangri-La Hotel, New Delhi, India >>

Shangri-La to open at London Bridge Tower >>

Shangri-La website >>

By Emily Manson

E-mail your comments to Emily Manson]( hotel group set for New York) here.

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