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Booking CFO Says Inflation Impact Still Curbing US Travel Demand
Even After Rising 6.6% This Past Week, Hongkong and Shanghai Hotels (HKG:45) Shareholders Are Still Down 23% Over the Past Five Years
Travel Is Finally Back — and an Era of Huge Growth Is Upon Us
It's A Story Of Risk Vs Reward With The Hongkong and Shanghai Hotels, Limited (HKG:45)
hk&s hotels (00045.HK): The occupancy rate of The Peninsula Hong Kong in the third quarter was 41%.
Gelonghui November 5th | hk&s hotels (00045.HK) announced that in the third quarter of 2024, the rental rate of Peninsula Hotel in Hong Kong was 41%, in other Asian regions was 58%, and in the USA and Europe was 65%. The average room rent in Peninsula Hotel Hong Kong was 5,262 Hong Kong dollars, in other Asian regions was 3,303 Hong Kong dollars, and in the USA and Europe was 10,166 Hong Kong dollars. The average revenue from rentable guest rooms in Peninsula Hotel Hong Kong was 2,144 Hong Kong dollars, in other Asian regions was 1,930 Hong Kong dollars, and in the USA and Europe was 6,653.
hk&s hotels (00045.HK): Perez Garcia will be appointed as vice chairman of the board of directors.
Grand Hotel (00045.HK) announced on October 24 that the company's non-executive vice chairman Pao Lik Yin will resign as a director, with effect from December 31, 2024. Pao Lik Yin will continue to serve as a non-executive director, chairman of the finance committee, and a member of the audit committee, remuneration committee, and executive committee. The company's non-executive director Philip Goodhart will be appointed as vice chairman of the board to replace Pao Lik Yin, with effect from January 1, 2025. Philip Goodhart will also be appointed as a member of the executive committee starting January 1, 2025.