The Hongkong and Shanghai Hotels, Limited, an investment holding company, engages in the ownership, development, and management of hotels, and commercial and residential properties in Asia, the United States, and Europe. It operates through three divisions: Hotels, Commercial Properties, and Clubs and Services. The Hotels division is involved in the operation of hotels; and leasing of commercial shopping arcades and office premises located within the hotel buildings. The Commercial Properties division engages in the development, lease, and sale of residential apartments; and lease of retail and office premises, as well as operation of food and beverage outlets in such premises. The Clubs and Services division operates golf courses, as well as The Peak Tram, a tramway; wholesales and retails food and beverage products; and offers laundry, and management and consultancy services for clubs. The company is also involved in the wholesale and retail of merchandise; provision of dry cleaning, and marketing services; lending and borrowing of funds; and operates golf club and resort, and property investment activities. In addition, it offers tourism, leisure, and other services; and operates Peninsula Boutiques. The company was formerly known as The Hongkong Hotel Company, Limited. The Hongkong and Shanghai Hotels, Limited was incorporated in 1866 and is headquartered in Central, Hong Kong.

The Hongkong and Shanghai Hotels, Limited

The Hongkong and Shanghai Hotels is the owner and operator of luxury hotels and properties, managing a portfolio that includes The Peninsula hotels and various real estate and tourism assets.

The Hongkong and Shanghai Hotels

Hospitality

The Peninsula Hotels

The Quail

The Repulse Bay

The Peak Tram and Tower

The Hongkong and Shanghai Hotels, Limited | 21,342 followers on LinkedIn. The Hongkong and Shanghai Hotels, Limited (HSH) is a luxury hospitality and real estate group incorporated in 1866 and listed on the Hong Kong Stock Exchange (00045).  It owns and operates twelve of the world’s finest hotel properties under The Peninsula brand, located in exceptional city centre locations in Asia, US and Europe.  The company’s portfolio also includes strategic commercial properties, clubs and services and tourism assets, including The Peak Tram – one of Hong Kong’s most popular tourist attractions.

Raymond Chin

Global Director IT Security and Risk | All aspects of Group Risk, Information and Cyber Security and Strategy

Jeremie Robert

Seeking to acquire a serviced accommodation management business or a hospitality-related enterprise

Andrew Whitaker

Vice President, Talent Acquisition at The Peninsula Hotels and HSH Group

Sam Hamawi

This festive season, Santa Claus is swapping his sleigh for The Peninsula London’s electrified 1965 Austin Taxi. Watch as Santa, with a little help from a Peninsula Page, saves Christmas!

Announcing Vincent Prioult’s new role as Hotel Manager of The Peninsula Bangkok. Since joining us in 2012, Vincent has excelled in key positions at The Peninsula Tokyo, Chicago, and Shanghai, and most recently as Vice President, Rooms Operations and Quality at Head Office. His leadership has been pivotal in the openings of The Peninsula Istanbul and London. Congratulations, Vincent, and best wishes for continued success in Bangkok!

The Peninsula Manila has been awarded as “The Best Business Hotel in Manila” by readers of Business Traveller Asia-Pacific, “The Best Premium Hotel in the Philippines” by Trip.com —one of the leading global online travel service providers, and has secured a coveted position on the Michelin Guide 2024 Recommendations list. The team takes great pride in these prestigious accolades, which reflect their commitment to staying at the forefront of industry trends and consistently exceeding guest expectations.

On 31 October 2024, we wished a “Happy Retirement” to our CEO Clement Kwok after 23 years of service to the company. Colleagues from our Hong Kong operations gathered at the Peak Tower Sky Terrace 428 for cocktails and photograph-taking with Mr Kwok. This memorable event was followed by a lively Peak Tram journey back to Central, where we waved him off in a waiting Rolls-Royce, after racing to the “Finishing Line - Happy Retirement” ribbon! Happy Retirement Mr Kwok and thank you for everything!

The design concept of The Peninsula Beijing seamlessly blends the elegance of Chinese aesthetics with modern minimalist style, creating a unique charm. Our distinctive coloured glaze ornaments symbolise the enduring beauty of art and cultural heritage.

Embarking on the journey to capture the essence of our colleagues at The Peninsula has been nothing short of inspiring. These behind-the-scenes photos reflect the passion of our teams in Shanghai, Bangkok, and New York beautifully showcase the genuine smiles, team spirit, and culture that define our award-winning hotels. Your Belonging Starts Here: https://shorturl.at/qtpq8

The Hongkong and Shanghai Hotels, Limited (HSH) is pleased to announce that Mr Philip Lawrence Kadoorie, Non-Executive Director of the Company, will be appointed as the Deputy Chairman of the Board to succeed Mr Andrew Clifford Winawer Brandler with effect from 1 January 2025. Mr Kadoorie will also be appointed as a member of the Executive Committee with effect from 1 January 2025. Please find the press release here for more details: https://lnkd.in/eWMEkKm2

A unique opportunity to lead our esteemed organisation through the next phase of commercial transformation and growth as the Chief Commercial Officer https://lnkd.in/gU3Gg4Hj

We are pleased to announce that Mr Benjamin Vuchot will be appointed as Executive Director and Chief Executive Officer of The Hongkong and Shanghai Hotels, Limited, with effect from March 3, 2025. Join us in welcoming Mr. Vuchot to this new role! Press Release: https://lnkd.in/gCkxEqpH

We are proud to highlight the outstanding career and promotion of Joseph Lee as Senior Vice President, Operations. Having joined us in 2016 as Hotel Manager of The Peninsula Tokyo, Joseph quickly made a significant impact with his strategic vision and commitment to excellence. His journey continued as pre-opening Hotel Manager for The Peninsula London, showcasing his unique leadership abilities, cementing The Peninsula London in the highly competitive market. Today, Joseph is based in Hong Kong and striving to further elevate the exceptional Peninsula service we are renowned for. Join us and apply here: https://lnkd.in/ekefPA7n

	Dec '13	Dec '14	Dec '15	Dec '16	Dec '17	Dec '18	Dec '19	Dec '20	Dec '21	Dec '22	Dec '23
revenue	5.51B -	5.84B 5.99%	5.74B 1.66%	5.63B 1.92%	5.78B 2.68%	6.21B 7.47%	5.87B 5.47%	2.71B 53.86%	3.46B 27.71%	4.20B 21.29%	8.11B 93.23%
cost of revenue	3B -	3.10B 3.20%	3.06B 1.10%	3.06B 0.03%	3.12B 1.73%	3.20B 2.63%	3.34B 4.44%	2.28B 31.83%	310M 86.39%	352M 13.55%	5.42B 1,438.92%
gross profit	2.51B -	2.74B 9.33%	2.68B 2.30%	2.57B 4.14%	2.67B 3.82%	3.02B 13.13%	2.53B 15.98%	433M 82.91%	3.15B 627.71%	3.85B 22.06%	2.69B 29.93%
selling and marketing expenses
general and administrative expenses
selling general and administrative expenses			1.78B -	1.81B 1.29%	1.79B 0.83%	1.77B 1.06%	1.73B 2.26%	1.05B 39.58%			2.12B -
research and development expenses
other expenses									3.26B -	3.90B 19.75%
cost and expenses	3.47B -	4.41B 27.05%	4.54B 3.04%	4.78B 5.26%	4.38B 8.53%	4.66B 6.61%	5.07B 8.77%	3.32B 34.48%	3.57B 7.28%	4.25B 19.21%	7.53B 77.23%
operating expenses	471M -	1.31B 178.98%	1.48B 12.79%	1.72B 16.06%	1.26B 26.80%	1.47B 16.44%	1.73B 18.21%	1.05B 39.58%	3.26B 210.98%	3.90B 19.75%	2.12B 45.70%
interest expense	77M -	87M 12.99%	100M 14.94%	112M 12%	135M 20.54%	300M 122.22%	295M 1.67%	294M 0.34%	91M 69.05%	183M 101.10%	314M 71.58%
ebitda	1.31B -	1.53B 17.00%	1.44B 5.76%	1.29B 10.56%	1.42B 10.40%	1.62B 13.99%	1.39B 14.25%	-61M 104.39%	1.01B 1,752.46%	141M 86.01%	1.10B 678.72%
operating income	911M -	1.10B 21.30%	1.01B 8.24%	824M 18.74%	919M 11.53%	1.08B 17.41%	801M 25.76%	-614M 176.65%	509M 182.90%	-311M 161.10%	578M 285.85%
depreciation and amortization	395M -	423M 7.09%	426M 0.71%	464M 8.92%	503M 8.41%	542M 7.75%	589M 8.67%	553M 6.11%	499M 9.76%	452M 9.42%	520M 15.04%
total other income expenses net	1.03B -	257M 75.10%	115M 55.25%	-72M 162.61%	401M 656.94%	320M 20.20%	-57M 117.81%	-969M 1,600%	-791M 18.37%	-157M 80.15%	-107M 31.85%
income before tax	1.94B -	1.36B 29.90%	1.13B 17.11%	752M 33.39%	1.32B 75.53%	1.40B 5.98%	744M 46.82%	-1.58B 312.77%	-282M 82.19%	-468M 65.96%	471M 200.64%
income tax expense	231M -	231M 0%	124M 46.32%	85M 31.45%	168M 97.65%	184M 9.52%	192M 4.35%	31M 83.85%	37M 19.35%	17M 54.05%	139M 717.65%
net income	1.71B -	1.15B 33.06%	1B 12.74%	675M 32.50%	1.16B 71.11%	1.24B 7.62%	494M 60.26%	-1.94B 492.71%	-319M 83.56%	-485M 52.04%	146M 130.10%
weighted average shs out	1.50B -	1.51B 0.47%	1.53B 1.26%	1.55B 1.70%	1.58B 1.54%	1.60B 1.39%	1.62B 1.44%	1.64B 1.17%	1.65B 0.43%	1.65B 0%	1.65B 0%
weighted average shs out dil	1.50B -	1.51B 0.47%	1.53B 1.26%	1.55B 1.70%	1.58B 1.54%	1.60B 1.39%	1.62B 1.44%	1.64B 1.17%	1.65B 0.43%	1.65B 0%	1.65B 0%
eps	1.14 -	0.76 33.33%	0.65 14.47%	0.43 33.85%	0.73 69.77%	0.78 6.85%	0.30 61.54%	-1.18 493.33%	-0.19 83.90%	-0.29 52.63%	0.09 130.52%
epsdiluted	1.14 -	0.76 33.33%	0.65 14.47%	0.43 33.85%	0.73 69.77%	0.78 6.85%	0.30 61.54%	-1.18 493.33%	-0.19 83.90%	-0.29 52.63%	0.09 130.52%

0045

COM:HSHGROUP

The Hongkong and Shanghai Hotels

Last Close

6.02

22/11 07:59

Market Cap

9.35B

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375K

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