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 New towns of Hong Kong, town built on a bay in the New Territories West (constituency), western New Territories of Hong Kong, opposite Tsing Yi, Tsing Yi Island across Rambler Channel. The market ...
,
New Territories The New Territories (N.T., Traditional Chinese characters, Chinese: ) is one of the three areas of Hong Kong, alongside Hong Kong Island and Kowloon. It makes up 86.2% of Hong Kong's territory, and contains around half of the population of H ...
,
Hong Kong Hong Kong)., Legally Hong Kong, China in international treaties and organizations. is a special administrative region of China. With 7.5 million residents in a territory, Hong Kong is the fourth most densely populated region in the wor ...
, located between
MTR The Mass Transit Railway system, known locally by the initialism MTR, is a rapid transit system in Hong Kong and the territory's principal mode of Rail transport in Hong Kong, railway transportation. Operated by the MTR Corporation (MTRCL), ...
Tsuen Wan station Tsuen Wan () is an MTR station on the . 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 . It was the westernmost ...
and
Tai Wo Hau station Tai Wo Hau () is an MTR station between Tsuen Wan and Kwai Hing stations on the . It serves the areas of Kwai Yin Court and Tai Wo Hau Estate in the Kwai Tsing District, and some resited villages (such as Kwan Mun Hau Tsuen) in the Tsuen W ...
. 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, enjo ...
, with a total of 1,026 rooms. It is developed, owned and managed by
Hopewell Holdings Hopewell Holdings Limited () is a major property developer in Hong Kong established in 1972 and headed by Sir Gordon Wu. History Hopewell Holdings was established on 17 October 1972. It was listed on the Hong Kong stock exchanges in 1972 and ...
.


Panda Place

Panda Place () is a
shopping arcade An arcade is a succession of contiguous arches, with each arch supported by a colonnade of columns or piers. Exterior arcades are designed to provide a sheltered walkway for pedestrians; they include many loggias, but here arches are not an esse ...
inside the Panda Hotel. It occupies at the second floor, ground floor and three
basement A basement is any Storey, floor of a building that is not above the grade plane. Especially in residential buildings, it often is used as a utility space for a building, where such items as the Furnace (house heating), furnace, water heating, ...
levels beneath the hotel. It is also owned by Hopewell Holdings. Panda Place was formerly the
Japan Japan is an island country in East Asia. Located in the Pacific Ocean off the northeast coast of the Asia, Asian mainland, it is bordered on the west by the Sea of Japan and extends from the Sea of Okhotsk in the north to the East China Sea ...
ese
department store A department store is a retail establishment offering a wide range of consumer goods in different areas of the store under one roof, each area ("department") specializing in a product category. In modern major cities, the department store mad ...
Yaohan or ; () was a Japanese retail group, founded in 1930 by and his wife . Initially a single shop selling vegetables, it was expanded by their son Kazuo Wada into a major supermarket chain with most retail outlets located in Shizuoka prefecture, ...
's Tsuen Wan Branch. The site became vacant after Yaohan collapsed during the
Asian Financial Crisis The 1997 Asian financial crisis gripped much of East and Southeast Asia during the late 1990s. The crisis began in Thailand in July 1997 before spreading to several other countries with a ripple effect, raising fears of a worldwide economic meltd ...
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