Panda Place
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Panda Hotel (), formerly Kowloon Panda Hotel (), is a hotel in
Tsuen Wan Tsuen Wan (formerly also spelled Tsun Wan) is a town built on a bay in the western New Territories of Hong Kong, opposite of Tsing Yi Island across Rambler Channel. The market town of Tsuen Wan emerged from the surrounding villages and flee ...
,
New Territories The New Territories is one of the three main regions of Hong Kong, alongside Hong Kong Island and the Kowloon Peninsula. It makes up 86.2% of Hong Kong's territory, and contains around half of the population of Hong Kong. Historically, it ...
,
Hong Kong Hong Kong ( (US) or (UK); , ), officially the Hong Kong Special Administrative Region of the People's Republic of China (abbr. Hong Kong SAR or HKSAR), is a city and special administrative region of China on the eastern Pearl River Delta i ...
, located between MTR
Tsuen Wan station Tsuen Wan () is the northern terminus of the MTR in Hong Kong. It is the only station on the Tsuen Wan line at ground level. It is located in the northern central part of Tsuen Wan New Town, New Territories West. The preceding station is . ...
and Tai Wo Hau station. It is the largest hotel in
Tsuen Wan District Tsuen Wan District is one of the 18 districts of Hong Kong. It is located in the New Territories and is served by the Tsuen Wan line of the MTR metro system. Its area is 60,7 km². Its residents, who mostly live in Tsuen Wan Town, en ...
, with a total of 1,026 rooms. It is developed, owned and managed by
Hopewell Holdings Hopewell Holdings Limited (), established on 17 October 1972, is a major property developer in Hong Kong headed by Sir Gordon Wu. History It was listed on the Hong Kong stock exchanges in 1972 and delisted when taken private in 2019. Hopewell ...
.


Panda Place

Panda Place () is a
shopping arcade A shopping center (American English) or shopping centre (Commonwealth English), also called a shopping complex, shopping arcade, shopping plaza or galleria, is a group of shops built together, sometimes under one roof. The first known collec ...
inside the Panda Hotel. It occupies at the second floor, ground floor and three basement levels beneath the hotel. It is also owned by Hopewell Holdings. Panda Place was formerly the Japanese
department store A department store is a retail establishment offering a wide range of consumer goods in different areas of the store, each area ("department") specializing in a product category. In modern major cities, the department store made a dramatic app ...
Yaohan or ; ) was a Japanese retail group, founded in 1930 by and his wife . Initially a single shop, it was expanded by their son Kazuo Wada into a major supermarket chain with most retail outlets located in Shizuoka prefecture, south of Tokyo. It ...
's Tsuen Wan Branch. The site became vacant after Yaohan collapsed during the
Asian Financial Crisis The Asian financial crisis was a period of financial crisis that gripped much of East Asia and Southeast Asia beginning in July 1997 and raised fears of a worldwide economic meltdown due to financial contagion. However, the recovery in 1998– ...
in 1997. In 2005, Hopewell redeveloped and renamed the premises.Hopewell Holdings Limited Annual Results 2005
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References


External links

* Hotel buildings completed in 1990 Hotels in Hong Kong Hopewell Holdings Tsuen Wan Tsuen Wan District Hotels established in 1990 {{Asia-hotel-stub