Shangri-La Hotels and Resorts has signed an agreement to operate Traders Hotel, Puteri Harbour, Iskandar, Malaysia. The project, opening in 2012, will be affiliated with the country’s first indoor family theme park and is slated to have 292 spacious guestrooms, some of which are themed; an all-day dining restaurant, lobby lounge, sky lounge, and bar; meeting space; and rooftop pool and garden.