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HK&S HOTELS: The average revenue per available room at Peninsula Hotels in Greater China for the fourth quarter of 2024 is HKD 2,937.
HK&S HOTELS (00045) announced that in the fourth quarter of 2024, the average revenue per available room for Peninsula Hotels in Greater China is HKD 2,937; in Other Asia, it is HKD 2,689; in the USA, it is HKD 5,653; and in Europe, it is HKD 6,430. In the fourth quarter of 2024, the average daily rate for Peninsula Hotels in Greater China is HKD 4,265; in Other Asia, it is HKD 3,997; in the USA, it is HKD 8,231; and in Europe, it is HKD 11,420. In the fourth quarter of 2024, the occupancy rate for Peninsula Hotels in Greater China is 69%; in Other Asia, the occupancy rate is 67%; in the USA, it is 69%; and
HK&S HOTELS (00045.HK) has a revenue of 10.99 billion Hong Kong dollars in 2024, a year-on-year increase of 26%.
Gelonghui reported on March 31 that HK&S HOTELS (00045.HK) announced that for the year ending December 31, 2024, the group recorded total revenue of HK$10.99 billion, a year-on-year increase of 26%. Despite the growth in revenue, the group recorded a Shareholder loss of HK$0.943 billion and a basic loss of HK$0.176 billion. As of December 31, 2024, the group's net assets attributable to Shareholders reached HK$35.4 billion, and the group's net external debt to total asset ratio stood at 23%, remaining at an acceptable level. The main factors affecting the performance for the year ending December 31, 2024, are as follows:
HK&S HOTELS: 2024 Annual Results
HK&S HOTELS (00045.HK) will hold a Board of Directors meeting on March 31 to approve the annual performance.
Gelonghui reported on March 13 that HK&S HOTELS (00045.HK) announced it will hold a Board of Directors meeting on March 31, 2025, to review and approve the annual performance of the company and its subsidiaries for the year ending December 31, 2024, and to consider the proposal for the payment of a final dividend, if any.
HK&S HOTELS: Date of Board Meeting
HK&S HOTELS (00045) issued a profit warning, expecting an annual loss attributable to Shareholders of approximately 0.9 billion Hong Kong dollars.
HK&S HOTELS (00045) announced that the Board of Directors expects the Group's Shareholders for the year ending December 31, 2024...
Investors Shouldn't Be Too Comfortable With Hongkong and Shanghai Hotels' (HKG:45) Earnings
