Peace Hotel

The Peace Hotel (Chinese: 和平饭店, pinyin: Hépíng Fàndiàn, Shanghainese: Wubin Vaedi) is a hotel on The Bund in Shanghai, China, which overlooks the surrounding areas. The hotel has two different buildings. The Sassoon House, originally housed the Cathay Hotel and is today the Fairmont Peace Hotel run by Fairmont Hotels and Resorts of Canada. The South Building was built as the Palace Hotel and is today a residence and studio for artists, known as The Swatch Art Peace Hotel. The two buildings both face the Bund, but are divided by Nanjing Road.





== North Building ==



The larger North Building is called Sassoon House. The building was built by Sir Victor Sassoon, of the Sassoon family, which built a Shanghai business and real estate empire in the early 20th century. He was a British Sephardic Jew of Iraqi origin, educated at Harrow School and Cambridge University. His family owned the trading company "E.D. Sassoon & Co.", which managed extensive business interests in Bombay, Hong Kong, and Shanghai.

Sassoon House was the first high-rise building built by Victor Sassoon, and one of the first skyscrapers in the Eastern Hemisphere.