Shangri-La Hotel, Tokyo, named best hotel in world by Institutional Investor

Shangri-La Hotel, Tokyo has been named the best hotel in the world by Institutional Investor, topping their list of the World’s Best Hotels. Island Shangri-La, Hong Kong also placed within the top 100 and Shangri-La Hotel, Sydney was named the best hotel in its city.

“We are honored to receive this recognition from the discerning readers of Institutional Investor, who spend many nights on the road and truly experience the best hotels in the world,” said Jens Moesker, general manager of Shangri-La Hotel, Tokyo.

Established in 1967, Institutional Investor is among the world’s foremost financial publications. The magazine’s 2013 hotel rankings are based on a survey of 208 senior financial executives from 44 countries who spend an average of 40 nights per year in hotels.

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