The Hongkong and Shanghai Hotels, Limited (stock code: 45) has published unaudited operating statistics for the third quarter of 2025, comparing key indicators with the same period in 2024. The information covers the performance of The Peninsula Hotels in various regions and the Group’s leasing operations.
For The Peninsula Hotels, third-quarter RevPAR increased year-on-year across all regions. Greater China recorded a rise from HK$2,081 to HK$2,477, Europe moved from HK$8,548 to HK$9,234, the USA improved from HK$5,176 to HK$5,994, and Other Asia saw growth from HK$1,880 to HK$2,011. Average room rates for the same period showed mixed results: Greater China declined from HK$3,856 to HK$3,697, while the USA rose from HK$7,573 to HK$8,113, and Europe saw a slight dip from HK$13,852 to HK$13,547. Occupancy rates generally strengthened; Greater China rose to 67% from 54%, Europe to 68% from 62%, the USA to 74% from 68%, and Other Asia to 64% from 57%. Room counts as of 30 September 2025 were noted, with 765 rooms in Greater China, 567 in Europe, 753 in the USA, and 1,023 in Other Asia.
Leasing operations reflected moderate changes. For the third quarter of 2025, average monthly rent per square foot for residential properties rose to HK$47 from HK$46 in 2024, while shopping arcades recorded HK$132 compared with HK$135. Offices stood at HK$68 versus HK$66 a year earlier. Occupancy rates saw 94% in residential (down from 95%), 89% in shopping arcades (up from 87%), and 76% in offices (down from 85%).
The figures provided are unaudited, and shareholders and potential investors are advised to exercise caution when dealing in the Company’s securities.
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