donwloadimg

Download App

Log in to access Online Inquiry
Multi-dimentional Analyses
Company Valuation Capital Tracking Short Selling Data
01270 Langham Hospitality Inv and Langham Hospitality Inv
0.940
+0.010+1.08%
Symbol
01270
Company Name
Langham Hospitality Inv and Langham Hospitality Inv
ISIN
HK0000150521
Listing Date
05/30/2013
Establishment Date
01/29/2013
Registration
Cayman Islands
Chairman
Jiarui Luo
Secretary
Meiling Huang
Audit Institution
Deloitte Guan Huang Chen Fang Accountants
Company Category
Other
Registered Office
Cricket Square, Hutchins Drive P.O. Box 2681, Grand Cayman KY1-1111 Cayman Islands
Head Office and Principal Place of Business
Room 2702, 27 / F, Great Eagle Centre, 23 Harbour Road, Wan Chai, Hong Kong
Fiscal Year Ends
12-31
Employees
1085
Market
Hong Kong motherboard
Phone
(852) 2186 2500
Fax
(852) 2186 9867
Email
enquiry@langhamhospitality.com
Business
Langham Hotel Investment Co., Ltd. is an investment holding company mainly engaged in investing in hotels. The company owns and invests in the hotel portfolio. Its main investment is the completed hotel in Asia. The company is engaged in renting hotel rooms. These hotels include The Langham, Hong Kong in the core area of Tsim Sha Tsui; Konders Hotel in Mong Kok; and Yat Tung Hotel in Nathan Road, Hong Kong.
Profile
Enterprise background Langham Hotel investment is mainly to own and invest in a hotel portfolio, with an initial focus on completed hotels in Asia. The Group's initial hotel portfolio will consist of the following hotels: The Langham, Hong Kong Concord Hotel, Hong Kong; and Eaton, Hong Kong . According to the classification of the Hong Kong Tourism Board, Langham Hotel and Condes Hotel are Class A high-priced hotels, while Yat Tung Hotel is Grade B high-priced hotels, Grade A high-priced hotels are the highest, while Grade B high-priced hotels are the second highest. Located on the Kowloon Peninsula of Hong Kong, these hotels are bustling places for business and leisure, ranging from shopping, catering, entertainment to cultural attractions. These hotels are also adjacent to Hong Kong's transport hub, making it easy for guests to commute to and from other leisure and business districts in Hong Kong. Business strategy It is also the Group's objective to provide distributions with sustainable long-term growth potential to share binding unit holders and to enhance the value of the hotel portfolio. To achieve these objectives, the Group intends to optimize the performance and improve the overall quality of these hotels, and to identify and explore opportunities for the acquisition of hotel assets through the implementation of different investment and business strategies. Active asset management strategy The Group intends to actively (in conjunction with hotel managers) supervise the chief lessee and hotel managers with a view to maintaining and improving the quality and value of these hotels while achieving internal growth. Hotel managers will also seek other opportunities for improvement, such as further improving the catering stores of these hotels, renovating rooms and adding new facilities, so as to increase the income of guest rooms, non-rooms and non-residents, and enhance the operating performance of these hotels. Acquisition growth strategy The Group intends to identify and seek opportunities for the acquisition of hotel assets arising from the trend in the hotel industry. In assessing future acquisition opportunities, the Group will pay attention to the following investment criteria: Total return requirement: the hotel assets that the Group will seek to acquire are hotel assets that the directors believe, after taking into account regulatory, commercial, political and other relevant factors, can enhance the total return of share contracting unit holders in terms of return and / or capital growth. Location: the Group will assess the location of hotel assets that can be acquired, as well as the business growth potential in the relevant markets. Solid foundation, internal growth and asset enhancement potential: the Group may also acquire the following hotel assets: the directors believe that they can have value-added potential for hotel managers by repositioning and rebuilding their brands, improving hotel operations and management or other asset enhancements. hotel assets that drive up the average income from leasable rooms. Capital and risk management strategy The Group intends to maintain a strong balance sheet and an appropriate margin ratio.
Company Overview
Langham Hotel Investment Co., Ltd. is an investment holding company mainly engaged in investing in hotels. The company owns and invests in the hotel portfolio. Its main investment is the completed hotel in Asia. The company is engaged in renting hotel rooms. These hotels include The Langham, Hong Kong in the core area of Tsim Sha Tsui; Konders Hotel in Mong Kok; and Yat Tung Hotel in Nathan Road, Hong Kong.
CEO: Jiarui Luo
Market: Hong Kong motherboard
Hot List
TradeSearchNews
SymbolLatest price%Chg

Loading...