Daban business hotel

Xingguo Hotel was not originally a hotel. Unexpectedly, the unique position of Xingguo Hotel today is actually "benefited" from the global economic crisis that broke out in the 1930s.

This economic crisis, which began on Wall Street in the United States, made Shanghai, the financial center of the Far East at that time, unable to be immune.

According to historical data, only 1934, 425 national capital enterprises closed down in Shanghai, and the number of unemployed people increased day by day. At the same time, the outbreak of the economic crisis has also given some far-sighted capitalists a good opportunity to buy land at low prices, and today's Xingguo Hotel Building 1 is the product of this special era.

At that time, the first building in Xingguo was built by Taikoo, a British businessman, whose position was similar to that of the chief representative of multinational companies in China today. 1866, 65438+ February, that is, the fifth year of Tongzhi in Qing Dynasty, British William Swire and R.S. butterfield opened butterfield Taikoo Foreign Firm in Shanghai, whose Chinese name was translated into Taikoo Foreign Firm.

Swire foreign firm was closely related to the British government at that time, and its essence was a trade organization with China established with the support of the British government after the Opium War between China and Britain.

Thanks to a series of unequal treaties signed by the Chinese and British governments after the Opium War, Swire Shipping Company, a subsidiary of Swire Foreign Firm, quickly became the largest shipping trust of the British army in old China, and Swire Foreign Firm's shipping industry developed rapidly.

Headquartered in London, China Shipping Company has branches in Shanghai and Hongkong, and belongs to Swire Group, which specializes in overseas routes along the coast of China, the Yangtze River and China.

At that time, the total number and tonnage of ships owned by Swire ranked first among foreign shipping companies in China. At that time, Jardine Matheson was the only trading and freight company in China that could compete with Swire. After the founding of New China,

Swire and Jardine Matheson both moved their headquarters to Hong Kong. After Swire, they not only developed the main shipping business in Hong Kong, but also increased real estate development in a timely manner, ranking among the mainstream real estate developers in Hong Kong.

As early as 1930s, Swire's business in China became increasingly diversified, which enabled the company to make up for the losses outside the dike. Even in the context of the global economic crisis, the Group's financial resources are still strong.

This makes Swire manager, who has always been ambitious about Shanghai real estate market, determined to build a luxury headquarters building in Shanghai, which is today's Xingguo Hotel Building 1.