The Hongkong and Shanghai Hotels' Hong Kong Revenue Per Available Room, Room Occupancy Falls in Q2

MT Newswires Live08-07

The Hongkong and Shanghai Hotels' (HKG:0045) revenue per available room for its Peninsula hotels declined in Hong Kong during the second quarter to HK$2,492 from HK$2,655, according to a Wednesday filing with the Hong Kong Stock Exchange.

RevPAR for its operations in other Asian locations increased to HK$2,280 from HK$1,994 a year earlier while it grew to HK$5,552 from HK$5,123 for its US and Europe locations.

Occupancy rates for its Hong Kong locations fell to 38% from 44%, while the rates for its other Asian locations increased to 58% from 56% and its US and Europe locations saw a rise to 62% from 58%, the filing said.

Price (HKD): $5.40, Change: $-0.02, Percent Change: -0.37%

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/2457862376?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2024-08-07 15:02","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2457862376","market":"sg","top_or_hot":-1,"title":"The Hongkong and Shanghai Hotels' Hong Kong Revenue Per Available Room, Room Occupancy Falls in Q2","media":"MT Newswires Live","content":"<html><body><p> The Hongkong and Shanghai Hotels' (HKG:0045) revenue per available room for its Peninsula hotels declined in Hong Kong during the second quarter to HK$2,492 from HK$2,655, according to a Wednesday filing with the Hong Kong Stock Exchange.</p><p>RevPAR for its operations in other Asian locations increased to HK$2,280 from HK$1,994 a year earlier while it grew to HK$5,552 from HK$5,123 for its US and Europe locations.</p><p>Occupancy rates for its Hong Kong locations fell to 38% from 44%, while the rates for its other Asian locations increased to 58% from 56% and its US and Europe locations saw a rise to 62% from 58%, the filing said.</p><p>Price (HKD): $5.40, Change: $-0.02, Percent Change: -0.37%</p></body></html>","source":"mtnewswires_news","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>The Hongkong and Shanghai Hotels' Hong Kong Revenue Per Available Room, Room Occupancy Falls in Q2</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nThe Hongkong and Shanghai Hotels' Hong Kong Revenue Per Available Room, Room Occupancy Falls in Q2\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-08-07 15:02 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.mtnewswires.com/><strong>MT Newswires Live</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The Hongkong and Shanghai Hotels' (HKG:0045) revenue per available room for its Peninsula hotels declined in Hong Kong during the second quarter to HK$2,492 from HK$2,655, according to a Wednesday ...</p>\n\n<a href=\"https://www.mtnewswires.com/\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"00045","symbol_name":"大酒店","start_time":0,"source_url":"https://www.mtnewswires.com/","article_id":"2457862376","we_media_id":"1092851196","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2457862376","pubTimestamp":1723014154,"columns":[],"sourceInfo":{"source_id":"mtnewswires_news","name":"MT Newswires"},"weMediaInfo":{"media_name":"MT Newswires Live","introduction":"The most recognized names in North America, Europe and Asia rely on MT Newswires to power their applications. Better news, better service, better price.","home_visible":1,"id":"1092851196","head_image":"https://community-static.tradeup.com/news/3002d84abbd5ace3c99397c7f95b8d4e"},"summary":"The Hongkong and Shanghai Hotels' (HKG:0045) revenue per available room for its Peninsula hotels declined in Hong Kong during the second quarter to HK$2,492 from HK$2,655, according to a Wednesday fil","collect":0,"end_time":0,"defaultTopTitle":"","property":["earning"],"viewcount":null,"language":"en","relate_stocks":{"00045":"大酒店"},"translate_title":"香港和上海酒店第二季度每间可用客房的香港收入和客房入住率下降","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"00045":0.9},"content_text":"The Hongkong and Shanghai Hotels' (HKG:0045) revenue per available room for its Peninsula hotels declined in Hong Kong during the second quarter to HK$2,492 from HK$2,655, according to a Wednesday filing with the Hong Kong Stock Exchange.RevPAR for its operations in other Asian locations increased to HK$2,280 from HK$1,994 a year earlier while it grew to HK$5,552 from HK$5,123 for its US and Europe locations.Occupancy rates for its Hong Kong locations fell to 38% from 44%, while the rates for its other Asian locations increased to 58% from 56% and its US and Europe locations saw a rise to 62% from 58%, the filing said.Price (HKD): $5.40, Change: $-0.02, Percent Change: -0.37%","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.29.3","shortVersion":"4.29.3","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2457862376"}