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2 Shangri-La Asia Limited Sustainability Report 2020 Sustainability Report Leadership Message On behalf of the Board, I am pleased to present Shangri-La Asia Limited’s 2020 Sustainability Report. It has been a decade since we published our first standalone report on the Group’s Environmental, Social & Governance (ESG) performance.
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- About Shangri-La Group
Hotels saw a sharp decline in business as COVID-19 continues to spread globally since January 2020, particularly in those destinations reliant on international tourism. However, with nearly half of its business in Mainland China, the Group's hotels in the region have seen sustained, gradual recovery since March, supported by domestic leisure, corpo...
The recovery the Group has witnessed in Mainland China throughout the latter half of 2020 is expected to sustain momentum into 2021. The Group's earlier investment in new products designed to enhance the family experience has begun to yield returns, helping hotels generate a new source of revenue and growth. The Group also saw reassuring outcomes f...
Shangri-La Group is one of the world's premier developers, owners and managers of hotel and investment properties which comprises office buildings, commercial real estate and serviced apartments/residences. The Group's other principal activities include hotel management services as well as property development for sale. It currently owns and/or man...
Mar 25, 2022 · Shangri-La Asia Limited (HKEX stock code: 00069) today reported its financial results of the Company and its subsidiaries (“Group”), and associates for the year ended 31 December 2021 ...
Nov 14, 2021 · Credited with pioneering Asian hospitality, iconic Singaporean brand Shangri-La turns 50. From a single hotel in 1971 to 100+ in 2021, we chart its history. Pioneers of Asian hospitality and one of the world’s most iconic Asian hospitality brands Shangri-La Hotels & Resorts Group has come a long way since its debut in Singapore in 1971.
- Kate Birch
Mar 24, 2022 · Two hotels under management contracts owned by third parties, namely Shangri-La Qiantan, Shanghai and Shangri-La Shougang Park, Beijing in Mainland China, opened for business in October 2021 and December 2021, respectively.
Shangri-La Asia Limited Annual Report 2021 3 The following table summarises the highlights of our financial results: 2021 2020 2021/20 USD Million USD Million % Change Consolidated Revenue 1,241.0 1,033.4 20.1% EBITDA of the Company and its subsidiaries 132.8 (84.9) N/M
Aug 27, 2021 · Shangri-La Asia Limited (HKSE stock code: 00069) today reported the financial results of the Company and its subsidiaries (“Group”), and associates for the six months ended 30 June 2021.
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