The Peace Hotel (Chinese: 和平饭店) is a hotel on The Bund in Shanghai, China, which overlooks the surrounding areas. The hotel has two different buildings. The Sassoon House, originally housed the Cathay Hotel and is today the Fairmont Peace Hotel run by Fairmont Hotels and Resorts of Canada. The South Building was built as the Palace Hotel and is today a residence and studio for artists, known as The Swatch Art Peace Hotel. The two buildings both face the Bund, but are divided by Nanjing Road.