Bulgari Hotel Shanghai will be the sixth property for the group and is set to open on June 20 on the banks of Suzhou Creek.

The hotel is part of the wider riverside revitalisation project of Suhe Creek and sits within the top eight floors of a 48-floor tower and the adjacent restored 1916 Chamber of Commerce; the lower floors of the tower are occupied by The Bulgari Residences.

“It is an honour for us to bring the best of the Italian design and lifestyle culture to one of the most modern, vibrant and glamorous cities in the world,” said Bulgari chief executive Jean-Christophe Babin.

The hotel also opens in time for the beginning of the Shanghai Film Festival and will host a party for the event in its ballroom and rooftop terrace on June 19.

As with sister properties, Italian architectural firm Antonio Citterio Patricia Viel created the hotel, including some of the most spacious guestrooms in the city.

The Bulgari Hotel Shanghai has six dining options within the hotel tower and the Chamber of Commerce Shanghai.

They include Il Ristorante-Niko Romito, curated by chef Niko Romito, who holds three Michelin stars for his Reale restaurant in Abruzzo.

The Bulgari Spa has eight treatment rooms, sauna and relaxation rooms, a manicure and pedicure salon, barber and hairdresser, plus a 25-metre heated indoor pool and vitality pools, and fitness studio.

Within the Chamber of Commerce is the triple-height Bulgari Ballroom, haute-cuisine Chinese restaurant Bao Li Xuan and The Whisky Bar.

The group now has hotels in Milan, London, Bali and most recently Beijing and Dubai, with three new hotels due to open in Moscow, Paris and Tokyo by 2022.