Highlights
SGX: Shangri-La HKD (S07)       SHANGRI-LA ASIA LIMITED
Last Price Today's Change   Day's Range   Trading Volume
8.10   -0.24 (2.88%)  8.10 - 8.48  9

Overview

Avg Volume (4 weeks):0
52 Weeks Range:8.10 - 10.20
52 Weeks Price Volatility (%):
0.00%
Average Price Target: 16.40
Price Target Upside/Downside: +8.30

Headlines

Date Subject
22-Mar-2019 Shangri-La Asia (69 HK): Good Set of Results
21-Mar-2019 Shangri-La Asia (69 HK): Higher FY18 PATMI Despite Headwinds in 2H18

Business Background

Shangri-La Asia Limited, an investment holding company, owns and operates hotels and associated properties worldwide. It operates through four segments: Hotel Ownership, Property Rentals, Hotel Management Services, and Property Sales. The company also provides hotel management, marketing, consultancy, reservation, and related services; and owns and leases office and commercial properties, and serviced apartments/residences. In addition, it is involved in real estate development and operation activities; the ownership and operation of golf clubs; and property investment and office management, as well as wines trading activities. The company operates hotels under the Shangri-La, Kerry Hotel, Hotel Jen, Traders Hotel, Rasa, Summer Palace, Shang Palace, and CHI, The Spa at Shangri-La brand names. As of December 31, 2016, it had equity interests in 76 operating hotels with 34,705 rooms. The company was founded in 1971 and is headquartered in Quarry Bay, Hong Kong.

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