This review contains minor spoilers.

This whole movie's look is very similar to the spaghetti western, but with richer production values. Peace Hotel is noteworthy in several respects. First, it is the last Hong Kong movie Chow Yun-Fat has made to this date. Also, Chow Yun-Fat is bald in the beginning, and does some fast-paced swordplay. These both are precursors to his now famous part as Li Mu Bai in Ang Lee's Crouching Tiger, Hidden Dragon (which is not a Hong Kong movie, as Ang Lee does not work within the Hong Kong movie system, and the film is in Mandarin, not Cantonese). This movie also marks the reunion of Chow Yun-Fat and Cecilia Yip, who had not worked together since 1984 (Hong Kong 1941). This was also the last time Wu Chien-lien was in a movie with Chow Yun-Fat, who had been in Treasure Hunt and God of Gamblers' Return with him the year prior to this. However, her cameo lasts about two seconds.

Anyway, enough background. One of the few movies where Chow Yun-Fat contributed to the writing, this movie has his brand of comedy. It also has Chow Yun-Fat just killin' a whole mess of people. The visual design and costumes are pretty fantastic, and the movie has a good pace to it. There is a kind of fantasy feeling to this movie, as it is a mixture of the American western genre, but with Chinese tints to it. Cecilia Yip gives a pretty good performance here, and Chow Yun-Fat gets to show much of his range here as an actor, even though he tries to remain distant throughout the movie.

First time director Ka-Fai Wai, a seasoned TV writer, and producer John Woo team up to create a very interesting vehicle for Chow Yun Fat. Styled like a spaghetti western, the film is set in the chaotic times after the fall of the last emperor and start of the Chinese republic.

Chow Yun Fat plays the Killer, a gang leader with a tragic past. During a fight with a gang, his wife is killed. The Killer goes nuts and kills everyone including his own gang. Years later he opens the "Peace Hotel", a place for criminals on the run to find refuge and reform. In enters a woman claiming to be his dead wife. The residents of the Hotel are fooled but of course the Killer isn't and is very angry at her deception. His anger is compounded when she steals his belongings. He is about to throw her out when a huge gang shows up on horseback. They are after her for killing their beloved leader. The Killer changes his mind and shelters the woman. Despite his kindness, the woman continues her deceptive ways. The gang demands that the woman be delivered to them in 21 days or else they are going to storm the hotel.

A very well made production, the sets are great, the acting overall very good and Ka-Fai Wai's direction is very assured for a first time effort. There is a good sense of humor throughout. Chow Yun Fat is great and carries the film from start to finish. The music is good, very reminiscent of Morricone or the great chambara themes although the obvious use of synthesizers for all the instruments lowers the quality a little. The biggest problem for me was a couple of very big plot holes (at least that's how I saw it) which is sad since the film is very good. The action is not central to the movie and those looking for elaborate martial arts will likely be disappointed. The big action scenes are shot in blurry close-ups with lots of dust and shaky camera work. Celia Yip's character gets beaten and slapped around a lot in this film (the character repeatedly provokes most of the abuse) so you might think twice before watching this with a girlfriend.

A good film for Chow Yun Fat fans and anyone looking for unique examples of HK film making.

This movie is very unique. Just the idea of a Chinese Spaghetti Western is mind-boggling. In this movie, Chow Yun-Fat plays "The Killer." He sets up a hotel as a refuge for people on the run. Their safety within the confines of the hotel is guaranteed. When a mysterious girl, played by Cecilia Yip, comes to hotel, his ideals and the sanctity of the hotel becomes threatened as her enemies wish to violate the rules of the hotel.

There are very good performances in this film. Chow Yun-Fat does an excellent job as "The Killer." Cecilia Yip is a very strong and bold female character. As the relationship of the two develop, I actually sympathised and liked the two characters.

The action scenes are well done, for the most part. The machine gun attack and the final sword fight were very well done. The other sword fights were somewhat blurry. Ching Siu-Tung should have been on hand to choreograph those scenes.

I also thought that the end was very powerful and emotional. It even rivals the ending of The Killer. In the end, this movie is worth seeing not only for its action sequences, but for the great performances by the two leads. This movie is not as good as his Woo films, but it is still a powerful movie.