Raffles Hotels & Resorts announced the addition of a new hotel in Shenzhen, the economic centre of southern China.

Raffles Shenzhen will open in 2018 occupying the top floors of an 80-storey tower in the new One Shenzhen Bay development. Raffles Shenzhen is set to be the new icon for the city, setting new standards of luxury and service – as do all of Raffles Hotels & Resorts' ten hotels around the world.

Developed by Parkland Real Estate Development Co. Ltd, One Shenzhen Bay will have a gross floor area of approximately 470,000 square metres - combining office space, luxury residences, high-end commercial space, and the 338-metre tall signature tower that will be home to Raffles Shenzhen. The project will be a new destination for Shenzhen, all with spectacular views across Shenzhen Bay.

One Shenzhen Bay features stunning design and architecture by the international firm KPF, and will enjoy the best location in the Shenzhen Bay Financial Center, with direct connections to the new Qianhai Economic Zone and Hong Kong. Located at the Houhai Lake Park in Shenzhen Bay, One Shenzhen Bay is well positioned to benefit from the continued economic development in Shenzhen. With the Hong Kong bridge and border crossing just opposite One Shenzhen Bay, Raffles Shenzhen is only 30 minutes' drive from Central, Hong Kong.

Commenting on Raffles Shenzhen, Peter French, President, Raffles Hotels & Resorts said, "Shenzhen has been at the forefront of China's phenomenal growth, and innovative developments such as One Shenzhen Bay will ensure that the city continues to play a leading role in international trade, shipping, tourism and finance. With Raffles properties in the key Chinese destinations of Beijing, Hainan and soon Shenzhen, I am very excited about our luxury hotel brand's growing presence in China and see additional opportunities for future growth in the country."

Mr. Xu Hang, Chairman of Parkland Real Estate Company commented, "As one of the top luxury hotel brands in the world, Raffles has a high standard in the selection of locations and owners. The signing of Raffles Shenzhen at One Shenzhen Bay is underpinned by a shared appreciation between Parkland Real Estate Development Co. Ltd and Raffles Hotels & Resorts for location selection, comprehensive strength, operation concept and quality. The international luxury standing and high service quality that Raffles brings to this project will enhance the value and reputation of One Shenzhen Bay as one of the world's top projects. The cooperation between Raffles and Parkland also attests to the value of One Shenzhen Bay, as well as the Shenzhen Bay International Area in the international market."

Raffles Shenzhen will feature 200 luxurious guestrooms and serviced residences all with expansive views, four restaurants and bars, private meeting and event spaces for business meetings and social gatherings, as well as a Raffles Spa. Continuing a 126-year tradition, Raffles will bring to Shenzhen the famous Raffles Butlers and the warm, graceful and personalized service for which they are known.

 This signing of the Raffles Shenzhen hotel management agreement follows the successful opening of Raffles Hainan on 1 September 2013. Raffles Shenzhen will be Raffles Hotels & Resorts' third hotel in China.