The Peninsula Shanghai: Rooms, Rates & How to Book
The only new hotel built on the Bund in more than sixty years, and it was built to look like it had always been there.
By Biirdee Travel, Luxury Travel Concierge · Updated October 1, 2026

Live rates
Rooms and rates at The Peninsula Shanghai
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When The Peninsula Shanghai opened in 2009 at the northern end of the Bund, it was the first new building permitted on that waterfront in over sixty years, and the brief was to make it disappear into the 1920s streetscape around it. The Art Deco exterior, the lobby's inlaid floors, the brass and lacquer detailing: all new, all convincingly period. Guests routinely assume it is a restoration.
The position is the argument. You are on the Huangpu waterfront at the quiet end, with the colonial-era banking houses on one side and the former British Consulate gardens on the other, looking across at Pudong's skyline. For a first visit to Shanghai, it is the address that makes the city legible.
Rooms, and Why the Bund View Wins
The hotel has roughly 235 rooms: large by any standard, with the deepest bathtubs and the fullest expression of the brand's in-room technology, including the valet box and the bedside control panels. Deco detailing runs throughout: sunburst inlays, chrome fittings, a general sense that the 1930s never ended.
Room categories split between city-facing and Bund-facing, and the premium for a Bund or Grand Deluxe river-view room is money well spent; you get the Huangpu, the ferry traffic and the Pudong towers lighting up at dusk. Many river-view categories carry a small private balcony, which is rarer on this waterfront than you would expect.
The Peninsula Shanghai at a Glance
| Detail | |
|---|---|
| Opened | 2009: the last new building raised on the Bund |
| Location | No. 32 The Bund, at the Suzhou Creek end |
| Rooms | Roughly 235, plus long-stay residences |
| Typical rates | $471–975 a night on our four test stays; $471–601 in our monthly checks |
| Dining | Yi Long Court (Cantonese, Michelin-starred), Sir Elly's and its rooftop terrace, The Lobby |
| Signature | Art Deco throughout, Bund-front balconies, the Peninsula Arcade |
Sir Elly's, Yi Long Court and the Terrace
Sir Elly's occupies the top floors (named for Sir Elly Kadoorie, of the family that has owned the company since the beginning), and its terrace is the best rooftop on the Bund, angled straight at Pudong. Book the terrace for a drink before dinner rather than after; the light between 6 and 7pm does the work.
Yi Long Court is the serious meal: Cantonese cooking that has held Michelin recognition since the guide arrived in Shanghai, in a room that feels like a private club. Downstairs, the Peninsula Arcade runs the luxury retail the brand builds into most of its hotels, and the spa and pool sit on the upper floors with river light coming in.
The Peninsula Shanghai by Our Numbers
On 1 October 2026 we priced The Peninsula Shanghai through our own booking engine (the one behind hotels.biirdee.com) on four test stays and on a two-night midweek stay in every month to September 2027, and we scored its 100 most recent verified guest reviews ourselves. Rates are the lowest per night the engine charged at booking; taxes the hotel collects at checkout are extra. Live rates change daily, so treat these as the rates on 1 October 2026. Every Peninsula is priced side by side on our Peninsula prices page.
The Peninsula Shanghai Scorecard
Guest score: the mean of the hotel's 100 most recent verified reviews on our booking platform (all of them, where it has fewer), out of 10, then the share scoring 9 or more and the share under 7. † marks an older review window. What guests mention: the share of written English reviews that raise each topic, with the mean score of those reviews in parentheses. Each rate row lists our four test stays in order: 10–13 Nov 2026 / 27–30 Dec 2026 / 12–15 Mar 2027 / 15–18 Jul 2027.
| The Peninsula Shanghai | |
|---|---|
| Recent guest score | 9.43 out of 10 (100 reviews, Apr to Aug 2026) |
| Guests scoring 9 or more / under 7 | 84% / 2% |
| Rank among the Peninsulas | 4th of the 9 we could rank |
| Rank in Shanghai | 2nd of the 4 luxury hotels we scored |
| Who wrote the reviews | couples 62%, families 15%, solo travelers 13%, groups 10% |
| What guests mention | service 55% (9.72), food 27% (9.44), view 18% (9.83), breakfast 15% (9.2), price 6% (9.0) |
| Lowest rate per night | $975 (suites only) / $601 / $612 / $471 |
| Lowest rate with breakfast | $1,024 / $601 / $661 / $520 |
| Lowest refundable rate | $975 / $601 / $612 / $471 |
| Cheapest suite | $975 / $935 / $992 / $845 |
| Top room category | $1,930 / $1,771 / $1,934 / $1,968 |
| Taxes collected at checkout, per night | ~$55 / ~$34 / ~$35 / ~$27 |
| Forbes Travel Guide 2026 | Five-Star hotel, Five-Star spa |
| Awards (2026) | Two MICHELIN Keys; No. 99 on the 51–100 extension of The 50 Best Hotels |
The Peninsula Shanghai, Month by Month
Lowest rate per night for the same two-night midweek stay (Tuesday to Thursday of the third week) in each month, priced 1 October 2026. "No rooms" means nothing was bookable on our engine for those dates. October 2027 is left out: only four of the twelve Peninsulas had rooms on sale for it, and this was not one of them.
| Month | Lowest per night |
|---|---|
| Nov 2026 | $534 |
| Dec 2026 | $536 |
| Jan 2027 | $471 |
| Feb 2027 | $471 |
| Mar 2027 | $536 |
| Apr 2027 | $601 |
| May 2027 | $536 |
| Jun 2027 | $532 |
| Jul 2027 | $471 |
| Aug 2027 | $479 |
| Sep 2027 | $536 |
| Cheapest month | Jan, Feb and Jul 2027 ($471) |
| Priciest month | Apr 2027 ($601) |
How It Ranks in Shanghai
The 4 luxury hotels we scored in Shanghai, ranked by recent guest score (mean · share scoring 9 or more · share under 7). † marks an older review window, starting before June 2024. Rates are the lowest per night on our four test stays. For the wider field, see the best luxury hotels in Shanghai.
| # | Hotel | Guest score | Lowest rate: Nov / Dec / Mar / Jul |
|---|---|---|---|
| 1 | The Ritz-Carlton Shanghai, Pudong | 9.65 · 91% · 1% | $466 / $407 / $374 / $512 |
| 2 | The Peninsula Shanghai | 9.43 · 84% · 2% | $975 (suites only) / $601 / $612 / $471 |
| 3 | Mandarin Oriental, Shanghai | 9.17 · 81% · 7% | $336 / $282 / $246 / $322 |
| 4 | The Portman Ritz-Carlton, Shanghai | 8.86 · 69% · 8% | $307 / $241 / $261 / $202 |
Our Read on the Numbers
The Peninsula Shanghai scored 9.43 out of 10 with recent guests, and only 2% scored it under 7, the smallest share of unhappy guests at any Peninsula but Beijing. Couples wrote 62% of its reviews, more than at any other Peninsula with recent reviews. The Bund view earns its keep: it came up in 18% of written reviews, and those averaged 9.83. In Shanghai it placed second of the four luxury hotels we scored, behind The Ritz-Carlton Shanghai, Pudong (9.65).
It costs more than its local rivals. It was the dearest of the four we scored in Shanghai on three of our four stays (the Ritz-Carlton in Pudong edged it in July, $512 to $471), and Mandarin Oriental, Shanghai ran $246–336 a night against the Peninsula's $471–975. Our monthly checks barely moved, from $471 to $601, but watch November: on our 10–13 Nov stay every standard room was gone and the cheapest option was a $975 suite, while our check later that month found rooms from $534. Breakfast for two added $49–54 a night on the same room.
The Peninsula Shanghai FAQs
Should I stay on the Bund or in Pudong?
The Bund, for a first visit; you are in the historic city, walking distance from the Rockbund galleries, Nanjing Road and the former French Concession by short taxi. Pudong hotels give you the higher view but put you across the river from everything with texture.
Is The Peninsula Shanghai a historic building?
No. It opened in 2009 and was the first new construction on the Bund in more than sixty years. The Art Deco architecture is a deliberate, and very convincing, period piece rather than a restoration.
How much does The Peninsula Shanghai cost?
On our 1 October 2026 checks the lowest rate was $975 a night for 10–13 Nov 2026 (only suites were left), $601 for 27–30 Dec 2026, $612 for 12–15 Mar 2027 and $471 for 15–18 Jul 2027, plus about $27–55 a night in taxes collected at checkout. Bund-facing categories carry a meaningful premium, but it remains one of the softer-priced hotels in the portfolio for the quality delivered.
When is The Peninsula Shanghai cheapest?
January, February and July 2027 tied in our monthly checks at $471 a night for a two-night midweek stay; April was the priciest month at $601. The spread is small (28%), so let the season, not the rate, decide your dates.
Is breakfast included at The Peninsula Shanghai?
Only in the cheapest rate over New Year (27–30 Dec 2026, $601). On our other stays breakfast for two added $49–54 a night on the same room, and the cheapest breakfast rate ran $520–1,024.
Is the rooftop open to non-guests?
Yes. Sir Elly's Terrace takes outside bookings and fills quickly in good weather. Reserve ahead for sunset, and note the terrace closes in the coldest months.
What Biirdee Does
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Biirdee Travel books luxury hotels through preferred-partner programs: you pay the same rate as booking direct, the partner benefits attach to your reservation, and a human concierge handles the details end to end.
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Bund-facing rooms with balconies, a Yi Long Court table and the terrace at sunset: same rate as direct, with PenClub-grade benefits attached.
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