Dubai-based Jumeirah Group and China's Shanghai Zendai Himalayas Real Estate have signed an agreement to manage the Venu Himalayas Hotel Shanghai, the company has announced. Venu Himalayas Hotel Shanghai would be a 400-key, art-themed hotel, with 70 luxury suites. The agreement is the sixth the group has signed in China and will bring the number of properties under development or in operation by Jumeirah globally to 43. The new property is scheduled to open in 2011.