出 品 | 异观财经 作 者 | 炫夜白雪 今年以来，港股市场表现良好，在港股牛市的浪潮之下，A股各行业龙头企业开始加速赴港IPO。 据港交所近日披露，上海锦江国际酒店股份有限公司(600754.SH)向港交所主板递交上市申请，东方证券国际为独家保荐人。若成功，锦江酒店将成为国内 首家"A+H"双上市的酒店集团。 锦江酒店赴港IPO，意欲何为？ 近几年，酒店行业的发展可谓冰火两重天。从数据来看，行业整体呈现出规模持续扩张，但盈利能力却在下滑的态势。 有报告数据显示，截至2024年底，我国住宿业设施总数约为57万家，客房总规模约1927万间，其中，酒店业设施增长9%至34.87万家（连锁酒店约9.33万 家），客房总数增长7%至1764万间（连锁客房数约707万间），连续三年实现增长。 酒店数量不断增长的同时，需求端却并未同步跟上。2024年国内出游人次56.15亿，同比增长14.8%，而2019年同期为60.06亿人次，2024年仅恢复至2019年 同期的93.49%。商务出行需求也因企业成本控制而减少，进一步压缩了酒店尤其是高端酒店的市场需求。 供大于求的局面直接导致酒店房价下滑，行业三大核心经营指标全面下 ...

丽华大酒店再拿下酒行业酒店托管权。 6月23日， 丽华大酒店与山西新晋商酒庄集团签署战略合作协议，由丽华大酒店对新晋商汾杏酒店进行托管经营，双方欲携手将该酒店打造为山西商务度 假酒店品牌。 在战略合作签约仪式上，丽华大酒店总经理姚建平表示，将充分发挥丽华专业的管理团队、丰富的运营经验、规范的服务流程和强大的资源整合能力等优 势，利用好汾杏酒店得天独厚的地理位置、深厚的文化底蕴与完善的硬件设施等资源，以"文化+品牌+运营"为驱动，深度融合晋商文化、汾酒元素与丽 华资源，丰富特色服务，提升酒店品质，将汾杏酒店打造成山西商务度假酒店品牌。 新晋商酒庄集团董事长侯清泉表示，新晋商酒庄集团将全力以赴，为双方合作提供坚实的保障和支持；期待双方在项目运营中优势互补、互利共赢，为宾 客提供优质、高效、个性化的服务，推动酒店事业持续健康发展，创造更好的经济效益和社会效益。 注意到，从2023年开始，丽华大酒店便开始涉足酒店管理输出业务，以代县雁门王酒堡为"试水"，并取得较好效果；两年后，丽华大酒店又代管新晋商酒 庄集团旗下酒店，两次合作是丽华大酒店对异地酒店品牌化运营模式的创新探索。 ▍ 然而，汾杏酒店并未满足于现有的成绩，而 ...

多年来，广晟置业坚持创新、协调、绿色、开放、共享的新发展理念，深入践行广晟控股集团企业 文化和FAITH经营理念，坚持开放办酒店，积极参与广州城市建设，将所属凯旋华美达大酒店充分融入 珠江两岸风景线，打造绿色生态、休闲娱乐一体的江畔公共文化空间，不仅给市民游客提供休憩打卡 点，也为"美丽宜居花城"再添生动注脚。 绿韵为底，长卷如画 打造热情以待"新名片" 针对酒店公共区域、停车场等服务设施老旧、配套不足的情况，凯旋华美达大酒店在其南面临江位 置新设通道入口，增设南广场为公共开放区域，在保障酒店私密性的基础上，打破内外隔阂，以开阔清 晰的动线设计、真诚开放的服务理念、优质舒适的服务配套，吸引市民游客移步酒店的美食集市、明珠 廊等消费新场景，让市民游客近距离接触自然、欣赏沿江风光之余，更能享受酒店带来的宁静与便利， 实现经济效益与社会效益的双赢。 同时，酒店停车场重新铺设沥青，提升地面耐磨性、平整性与排水效率，重新规划停车标线，优化 车流动线，合理布局停靠空间，打造商旅游客"舒心道"。 凯旋华美达大酒店供市民游客歇息的场地 焕活滨江景观"新视界" 凯旋华美达大酒店以"绿美提升"项目为抓手，创新"透绿融景"的设计理 ...

Financial Performance - Total revenue for 2024 reached HKD 10,991 million, a 26% increase from HKD 8,703 million in 2023[111] - Operating profit increased by 31% to HKD 760 million, compared to HKD 578 million in the previous year[111] - The company reported a net loss attributable to shareholders of HKD 943 million, compared to a profit of HKD 146 million in 2023[111] - The group recorded EBITDA of HKD 1,525 million for 2024, representing a 9% year-on-year increase from HKD 1,213 million in 2023[114] - Total revenue from the hotel segment increased by 19% to HKD 5,681 million, despite a significant drop in revenue from the New York Peninsula Hotel due to renovations[114] - The commercial property segment's revenue rose by 40% to HKD 4,340 million, with income from the sale of luxury London Peninsula residential apartments contributing HKD 3,452 million, up from HKD 2,298 million in 2023[115] - The group reported a basic loss attributable to shareholders of HKD 176 million for the year ending December 31, 2024, compared to a profit of HKD 277 million in 2023[164] - The total assets decreased to HKD 54,176 million in 2024 from HKD 57,869 million in 2023, reflecting a decline of 3%[131] - The net external debt to total assets ratio improved to 23% in 2024 from 26% in 2023[131] - The cash interest coverage ratio improved to 1.9x in 2024 from 1.3x in 2023, indicating better financial health[131] Sustainability and Corporate Responsibility - Ten Peninsula hotels received EarthCheck certification, highlighting the company's achievements in environmental sustainability and social responsibility[72] - The company emphasizes its commitment to sustainable development through detailed reporting in its annual and corporate responsibility reports[3] - The company achieved a 17.9% reduction in energy density compared to the 2010 baseline after implementing energy optimization measures[112] - The water usage density improved by 5.5% compared to the 2010 baseline[112] - The company contributed a total of HKD 11 million to community initiatives, with over 11,300 hours of volunteer work[112] - The company aims to obtain EarthCheck certification for all 12 Peninsula hotels[112] - The Peninsula Hotels in London and Istanbul received the BREEAM Excellent certification, reflecting the company's commitment to sustainable development[182] Management and Leadership Changes - Keith Robertson joined the company as Executive Director and Chief Financial Officer, also becoming a member of the Finance Committee and Group Management Board[65] - The company has appointed a new Chief Operating Officer, Mr. Luo Ruisi, who has over 22 years of experience with the company[194] - The company expresses gratitude to outgoing CEO Mr. Guo Jingwen for his 23 years of outstanding contributions[194] - The company acknowledges the contributions of Mr. Bao Hua, who served for 43 years, in establishing the brand's hospitality standards[194] Employee Engagement and Workforce - The total number of full-time employees as of December 31, 2024, was 7,836, an increase from 7,695 in 2023[129] - The global employee experience survey conducted in September 2024 showed a participation rate of 91% and an engagement score of 77%, exceeding the global average[173] - The company received 80,000 job applications in 2024, successfully hiring over 430 employees through campus recruitment initiatives[177] - The company aims to launch an enhanced employment opportunities webpage in Q1 2025 to attract new talent[177] - The company emphasizes long-term future planning and values employee retention and recruitment as key to providing quality service[191] Operational Developments - The company launched a new communication platform, MyHSH Hub, for global employees to enhance internal communication and facilitate daily operations[61] - The company completed significant renovations at the New York Peninsula Hotel in 2024, enhancing its luxury offerings[135] - The Peninsula London Hotel had a grand opening in June 2024, marking a key milestone for the company[134] - Two new Peninsula hotels in London and Istanbul commenced full operations in 2024, receiving multiple industry accolades and enhancing the company's brand recognition in Europe[148] - The New York Peninsula Hotel will complete a significant internal design renovation by September 2024, including 219 guest rooms and suites[158] Market and Strategic Focus - The company is focusing on maintaining financial stability amidst various risks, including geopolitical uncertainties and climate change[135] - The company is optimistic about the recovery of the long-haul leisure travel market in Hong Kong, particularly from Southeast Asia and the Middle East[186] - The company anticipates continued growth in the Japanese market due to high demand for exclusive services and accommodations[190] - The company is exploring new opportunities in experiential tourism, expanding the Peninsula Signature Experiences division into Asia[190] - The company is focusing on enhancing brand awareness in existing and emerging markets through global promotional activities, including the "Peninsula Perspectives" campaign[166] Real Estate and Asset Management - The company operates a total of 12 Peninsula hotels, with varying ownership percentages, including 100% ownership of the Hong Kong Peninsula Hotel and 50% ownership of the Istanbul Peninsula Hotel[20][28] - The company has a total of 1,058,455 square feet of commercial property in Hong Kong, demonstrating its significant real estate holdings[37] - The fair value loss on investment properties was HKD 569 million, primarily due to a decline in the assessed market value of the Repulse Bay integrated project and St. John's Building[123] - The company has assessed the recoverable value of the Yangon Peninsula Hotel, resulting in an impairment provision of HKD 158 million due to the project's ongoing suspension since June 2021[159] Future Planning and Vision - The company is committed to its "Prestige Legacy 2030 Vision," emphasizing environmental, social, and governance initiatives[136] - The company aims to stabilize the financial performance of new hotels, reduce borrowing, and enhance revenue and profitability in the short to medium term[144] - The company plans to implement a succession planning framework in Q1 2025 to ensure a strong talent pool for long-term development[178] - The company is committed to continuous improvement and becoming a more agile organization[191] - The company expresses confidence in a prosperous future ahead[194]

Financial Performance - Total revenue for the year 2024 reached HKD 10,991 million, a 26% increase from HKD 8,703 million in 2023[2] - Comprehensive income for 2024 was HKD 10,290 million, up 27% from HKD 8,112 million in 2023[2] - Adjusted EBITDA increased by 10% to HKD 1,525 million compared to HKD 1,390 million in 2023[2] - The group recorded a net loss attributable to shareholders of HKD 943 million, compared to a profit of HKD 146 million in 2023[2] - Basic loss per share was HKD (0.57), compared to earnings of HKD 0.09 per share in 2023[2] - Operating profit rose by 31% to HKD 760 million in 2024 compared to HKD 578 million in 2023[3] - The company recorded a pre-tax operating cash flow of HKD 4,564 million in 2024, up from HKD 3,435 million in 2023[3] - The group recorded a total EBITDA of HKD 1,643 million for 2024, representing a 9% year-on-year increase to HKD 1,325 million excluding the sale of the London Peninsula residential apartments[125] - The overall EBITDA margin for 2024 was 18%, down from 19% in 2023, excluding the London Peninsula residential apartments[126] - The group reported a gross profit margin of 65.1% for 2024, compared to 69.9% in 2023, reflecting increased costs[168] Debt and Financial Ratios - The group's net external debt to total assets ratio improved to 23%, down from 26%[2] - Cash interest coverage ratio improved by 46% to 1.9x in 2024 from 1.3x in 2023[3] - The company's net debt to total assets ratio is 23%, which is considered acceptable, and there is an intention to reduce the debt ratio as business normalizes[21] - The group's net debt decreased to HKD 12,494 million in 2024 from HKD 15,033 million in 2023, a reduction of approximately 16.8%[144] - The cash interest coverage ratio improved to 1.87 times in 2024, compared to 1.34 times in 2023, reflecting better financial stability[156] Revenue Sources - Revenue growth was primarily driven by the full-year contribution from The Peninsula Hotel in London, which generated HKD 3,452 million in revenue[2] - Revenue from residential sales reached HKD 3,452 million in 2024, a significant increase of 50% from HKD 2,298 million in 2023[100] - Revenue from the hotel segment increased by 19% to HKD 4,980 million, while commercial property revenue grew by 40% to HKD 4,340 million[104] - The hotel segment generated revenue of HKD 4,980 million in 2024, up from HKD 4,174 million in 2023, reflecting a year-over-year increase of about 19%[175] - The commercial property segment's revenue rose to HKD 4,340 million in 2024, a 39.5% increase from HKD 3,110 million in 2023[182] Impairments and Losses - The group incurred an impairment provision of HKD 158 million for the investment in The Peninsula Hotel in Yangon[2] - The group recorded a revaluation loss of HKD 569 million on investment properties[2] - The group recognized an impairment provision of HKD 158 million for the Yangon Peninsula Hotel due to ongoing development delays since June 2021[131] - The group recorded a shareholder's loss of HKD 943 million, compared to a profit of HKD 146 million in the previous year, influenced by a property revaluation loss of HKD 569 million and an impairment provision of HKD 158 million[91] Operational Developments - The company aims to stabilize the financial performance of new hotels and reduce debt while enhancing revenue and profitability[6] - The company operates 12 Peninsula hotels in major cities including Hong Kong, Shanghai, and New York, with new openings in London and Istanbul in 2024[10] - The company has invested significantly in upgrading existing properties, with a focus on enhancing asset quality and customer service[12] - The company has completed a major upgrade of the Peak Tram, which has seen visitor numbers exceed pre-pandemic levels in 2024[15] - The company is focused on risk management, regularly reviewing operational risks and monitoring potential threats in various markets[29] Market Outlook - The company anticipates a steady performance in 2024 compared to the satisfactory results of 2023[6] - The company is optimistic about the hotel business outlook in Asia, particularly in Japan, Beijing, and Shanghai markets[40] - The company plans to launch a new employment opportunities webpage in Q1 2025 to attract the next generation of talent[33] - The company anticipates a stable business outlook for the upcoming year, with a focus on personalized luxury experiences to drive growth in the global luxury travel sector[39] Employee Engagement and Development - Global employee engagement survey participation rate reached 91%, with an engagement score of 77%, exceeding the global average[31] - Over 6,100 employees utilized the internal communication platform MyHSH Hub, facilitating more than 84,000 interactions and over 1,670 articles published in its first year[32] - The company received 80,000 job applications in 2024, successfully hiring over 430 employees through campus recruitment initiatives[33] - The company emphasizes a strong corporate culture and continuous investment in employee development[12] Sustainability and Corporate Responsibility - The company achieved BREEAM excellent certification for its London and Istanbul Peninsula hotels, aiming for EarthCheck certification[36] - The company is committed to its "2030 Vision" strategy, focusing on sustainable development and climate risk mitigation[37] - The company initiated a charitable campaign "Hope for Los Angeles," donating $5 for every room booked to support wildfire survivors[73] Property and Asset Management - The total market value of the group's properties increased to HKD 60,508 million in 2024 from HKD 52,363 million in 2023, representing a growth of approximately 15.5%[136] - The total value of hotel properties, including the Peninsula hotels, was HKD 38,185 million in 2024, up from HKD 30,235 million in 2023, representing a significant increase of 26.4%[136] - The group holds a 50% stake in the Shanghai Peninsula Hotel project, which includes the hotel, retail space, and adjacent apartments, with no sales of apartments recorded during the year[127] - The group’s investment properties experienced an unrealized revaluation loss of HKD 569 million, primarily due to declines in the valuation of the Shallow Water Bay project and St. John's Building[130] Future Plans and Strategies - The company plans to expand its retail business by opening new concept stores and enhancing online retail operations in mainland China and Japan[14] - The company is exploring new dining and retail service options at The Peak to enhance its appeal as a tourist destination[81] - The group plans to continue its market expansion and product development, particularly in luxury residential properties and commercial real estate[102]

The Hongkong and Shanghai Hotels, Limited 香港上海大酒店有限公司 Interim Report 2024 中期報告 The Peninsula London, which celebrated its grand opening on 18 June 2024, is a landmark addition to our global portfolio. Situated at the prestigious gateway to Belgravia and overlooking the Wellington Arch, The Peninsula London offers guests spectacular views of some of London's most iconic areas. The hotel features 190 guestrooms and 24 luxurious Peninsula-branded residential apartments. Guests can indulge in culinary delights ...

Financial Performance - Total revenue for the six months ended June 30, 2024, increased by 82% to HKD 4.931 billion, primarily driven by HKD 1.7 billion from the sale of four units of the London Peninsula residential apartments[2]. - Shareholders' attributable loss recorded was HKD 448 million, with a basic loss of HKD 257 million for the same period[3]. - Adjusted net asset value per share decreased by 2% to HKD 24.38 as of June 30, 2024, compared to HKD 24.92 as of December 31, 2023[2]. - Operating profit before interest, tax, depreciation, and amortization (EBITDA) was HKD 580 million, reflecting a 16% increase compared to the previous year[4]. - The group reported a consolidated revenue increase of 89% to HKD 4.6 billion for the first half of 2024, while EBITDA (excluding pre-opening and project expenses) rose by 16% to HKD 580 million[5]. - The group recorded a loss attributable to shareholders of HKD 448 million, compared to a profit of HKD 94 million in the same period last year, reflecting a basic loss of HKD 257 million versus a basic profit of HKD 25 million last year[5]. - The group reported a net loss attributable to shareholders of HKD 448 million for the six months ended June 30, 2024, compared to a profit of HKD 94 million in the same period of 2023[103]. Debt and Financing - The net external debt to total assets ratio improved to 25%, down from 26%[3]. - Net financing costs increased to HKD 237 million due to the cessation of capitalizing interest related to the London Peninsula Hotel project and high interest rates[3]. - The average interest coverage ratio improved to 1.3x, up from 1.0x in the previous year[4]. - The group's net financing costs increased to HKD 237 million due to the cessation of capitalizing interest related to the London Peninsula Hotel project and high interest rates[6]. - The group's interest-bearing loans decreased by 7% to HKD 14,811 million, down from HKD 15,914 million[67]. - The average cost of debt increased to 4.72% as of June 30, 2024, compared to 4.38% at the end of 2023[77]. Cash Flow and Liquidity - Cash flow from operating activities showed a net inflow of HKD 1.853 billion, a significant increase of 453% compared to the previous year[4]. - The group has a credit facility of HKD 2.4 billion and cash and bank balances of HKD 756 million, indicating sufficient liquidity to meet operational needs[46]. - Net cash inflow after deducting normal capital expenditures increased significantly to HKD 1,749 million in 2024 from HKD 373 million in 2023, marking a growth of 368.4%[75]. - The company reported a net cash outflow from investment activities of HKD 731 million for the six months ended June 30, 2024, compared to HKD 1,396 million in 2023, showing a reduction in capital expenditures[87]. - Total cash and cash equivalents as of June 30, 2024, amounted to HKD 560 million, a decrease from HKD 597 million in 2023, reflecting a net decrease of 6.2%[88]. Property and Investment Performance - The group recorded an investment property revaluation loss of HKD 139 million for the six months ended June 30, 2024[3]. - The group experienced a property revaluation loss of HKD 139 million for the six months ended June 30, 2024, compared to a revaluation gain of HKD 222 million in the same period last year[6]. - The fair value of the group's hotel properties as of June 30, 2024, is estimated at HKD 39,707 million, compared to HKD 39,232 million as of December 31, 2023, indicating a slight increase[69]. - The total market value of the group's properties is HKD 62,442 million as of June 30, 2024, compared to HKD 62,205 million as of December 31, 2023[69]. - The group has 100% ownership of the London Peninsula Hotel project, which includes a hotel with 190 rooms and 24 luxury residential apartments[110]. Hotel Operations - The Hong Kong Peninsula Hotel achieved revenue of HKD 517 million, a 9% increase, with an average room rate increase of 19% and a 21% increase in revenue per available room[11]. - The London Peninsula Hotel opened on June 18, 2024, marking a significant milestone in the company's 157-year history[5]. - The hotel division's revenue rose by 18% to HKD 2,490 million, despite a significant decline in revenue from the New York Peninsula Hotel due to renovation[55]. - The hotel achieved an occupancy rate increase of 2 percentage points and a 10% rise in average room rates[13]. - Average revenue per available room (RevPAR) increased by 15%[13]. Market and Operational Challenges - The New York Peninsula Hotel's revenue decreased by 32% to HKD 226 million, reflecting operational challenges during renovations[9]. - The outlook for the group's business remains uncertain due to weak long-haul leisure travel market in Hong Kong and geopolitical tensions[41]. - The second half of the year is traditionally a peak season for multiple business markets, leading to cautious optimism for hotel operations[41]. Sustainability and Corporate Governance - The sustainable development strategy "Prestige Legacy 2030 Vision" integrates corporate responsibility into broader business strategies, focusing on enhancing guest experience, employee development, and community prosperity[38]. - The company has signed a total of HKD 12.7 billion in sustainable development-linked and green loans as of June 30, 2024[40]. - The group has achieved EarthCheck certification for its Peninsula Hotels, demonstrating strong environmental management processes[39]. - The company has launched its sustainability strategy "Vision 2030," focusing on enhancing guest experience, employee development, and community enrichment[140]. - The company adheres to all governance code provisions and best practices, except for the publication of quarterly financial results and disclosure of individual senior management remuneration[138]. Employee and Organizational Development - The company hired over 3,200 new employees in 2023 and continues its talent recruitment strategy into 2024[37]. - The number of specific readers on the Viva Engage platform increased by 53% to over 4,300 in the first half of 2024[36]. Future Plans and Developments - The company plans to renovate the shopping mall at Repulse Bay and explore new positioning for the Peak Tram[41]. - The company plans to continue its investment in the development of the London Peninsula Hotel project, with a capital expenditure of HKD 269 million reported for the first half of 2024[87]. - The group is exploring new dining and retail service options at The Peak Galleria to attract more tourists[31].

转自：上观新闻 4月17日、18日，青岛市市南区人力资源和社会保障局联合青岛市星级酒店劳动争议预防调解联盟，举 行酒店行业HR座谈会暨专场招聘会。 4月17日，酒店行业HR座谈会在青岛丽晶大酒店举办，10余家市南区酒店代表、部分驻青高校及人力资 源行业专家参会。会上，市南人社局向参会企业宣传解读了就业、培训补贴政策以及招聘工作安排。 随后，青岛职业技术学院旅游学院、青岛酒店管理职业技术学院酒店管理学院等对口高校和与会企业代 表探讨了校企合作经验，并针对目前毕业生就业及企业在用工中遇到的痛点难点，做了深入交流。中智 青岛经济技术合作有限公司支持中心总监、人力资源专家孟凡华就企业提出的用工堵点难点，向企业提 供定向指导，助力企业更高效地开展人事工作。 4月18日，青岛酒店管理职业技术学院酒店行业专场招聘会上，市南区人社局和10余家酒店组成"市南酒 店业人才招引团"，为高校毕业生带来了200余个就业岗位，涵盖了酒店管理、旅游服务等多个领域，为 广大毕业生提供了丰富的就业选择。现场吸引400余名学生参加，招聘气氛热烈，企业与求职者互动频 繁，初步达成就业意向100余人。 市南区公共就业和人才服务中心副主任段薇表示，通 ...

中国质量新闻网讯 为切实维护乡村食品安全，推动乡村旅游产业健康发展，4月16日，广东省韶关市市 场监管局联合翁源县市场监管局、翁源县周陂镇综合执法办开展"随机查餐厅"线上直播活动，对翁源县 周陂镇河景名将民宿（周陂大酒店）进行突击检查，周陂镇人大代表全程参与监督执法，具体检查过程 如何？一起看看吧！ 此次直播活动重点对该酒店的食品经营许可、从业人员健康管理、食品原料索证索票、进货查验、散装 食品标签标识、冷冻冷藏食品管理、加工制作过程、制止餐饮浪费等情况进行检查，以及对购进枸杞 叶、葱、空心菜等食用农产品进行了快筛快检，重点检测甲基异柳磷、多菌灵两个农药残留项目。 从现场检查情况来看，该酒店基本符合餐饮服务日常监督检查要求，从业人员已完成食安快线通用版培 训学习任务，酒店用餐区在明显位置张贴有制止餐饮浪费的宣传海报，提醒消费者要文明用餐，杜绝浪 费。食用农产品快速检测结果均为阴性，符合食品安全要求。但在检查中发现存在厨房出入口未设置挡 鼠板、个别从业人员佩戴手表、烹饪区使用的分装散装食品无标签标识等问题，执法人员按照《餐饮服 务监督检查要点表》要求该酒店限期整改，并在本次检查完5个工作日后对酒店进行"回头看" ...

Financial Performance - Total revenue for 2023 reached HKD 8,703 million, an increase of 89% compared to the previous year[14]. - Operating profit before interest, tax, depreciation, and amortization (EBITDA) was HKD 1,098 million, up 175% from HKD 399 million in 2022[14]. - Net profit attributable to shareholders was HKD 146 million, a significant recovery from a loss of HKD 488 million in 2022[14]. - The cash interest coverage ratio improved to 1.3x, a 57% increase from 0.8x in the previous year[14]. - Total assets increased by 2% to HKD 57,869 million, while audited net assets attributable to shareholders rose by 1% to HKD 36,279 million[14]. - The group reported a net cash inflow of HKD 150 million for the year, with cash and cash equivalents at HKD 720 million as of December 31, 2023[19]. - The group's basic earnings attributable to shareholders for the year ended December 31, 2023, were HKD 146 million, with non-operating and non-recurring items impacting earnings negatively by HKD 180 million[23]. - The group’s retained earnings as of December 31, 2023, amounted to HKD 30,478 million, reflecting a strong financial position[24]. - The group reported a significant rebound in business for 2023, driven by the reopening of borders in the Greater China region in February 2023[37]. - The company achieved a net gain of HKD 186 million from the revaluation of investment properties, compared to a net loss of HKD 152 million in the previous year[41]. Revenue Segments - Total revenue from the hotel segment increased by 41% to HKD 4,765 million, driven by recovery from the pandemic, except for the Beverly Hills Peninsula Hotel which saw a 4% revenue decline due to local strikes[17]. - The commercial property segment's revenue surged by 339% to HKD 3,110 million, primarily due to the sale of 10 luxury residential apartments in London, contributing HKD 2,298 million[17]. - The club and services segment reported a 60% revenue increase to HKD 828 million, mainly from the Peak Tram, which underwent a major upgrade completed in August 2022[17]. - The Hong Kong Peninsula Hotel reported a revenue increase of 51% year-on-year, reaching HKD 1,039 million[52]. - The Wangfu Peninsula Hotel achieved a revenue of RMB 298 million, with a 71% increase in occupancy rate and a 287% increase in average room rate[58]. - The Tokyo Peninsula Hotel generated revenue of JPY 13.35 billion, with a 78% increase in occupancy rate and an 89% increase in average room revenue[62]. Sustainability Initiatives - The group aims to achieve EarthCheck certification for its ten Peninsula hotels, reflecting its commitment to sustainability[15]. - Carbon emissions density and energy density decreased by 41% and 20% respectively compared to the 2010 baseline, indicating progress in sustainability efforts[15]. - The group allocated HKD 33 million as donations to support victims of the earthquake in Turkey, impacting the financial results for 2023[14]. - The company is committed to reducing greenhouse gas emissions and improving water efficiency as part of its "2030 Vision" sustainability strategy[143]. - The company has joined various global initiatives, including the Global Tourism Plastics Initiative and the Responsible Luxury Initiative, to address sustainability issues[143]. New Developments and Openings - The Peninsula Hotels opened two new properties in 2023, with the London Peninsula opening in February and the Istanbul Peninsula in September, marking a significant milestone for the company[31]. - The London Peninsula Hotel opened for trial operations on September 12, 2023, with 10 rooms initially available, expanding to 170 rooms by the end of December 2023[69]. - The Istanbul Peninsula Hotel opened with 23 rooms in February 2023, expanding to 80 rooms by March and reaching full capacity of 177 rooms by August 1, 2023[79]. - The company is undergoing significant renovations at the New York Peninsula Hotel, enhancing the lobby, rooftop bar, and public areas to improve asset value[32]. - The company is actively managing risks related to labor shortages, inflation, energy costs, and geopolitical uncertainties, with a focus on cybersecurity threats and climate change risks[31]. Awards and Recognition - The company received the "Best of Hong Kong SAR" award at the 37th ARC Annual Report Awards for its 2022 annual report, marking the second consecutive year of this honor[12]. - The Peninsula Hotel ranked sixth in the "World's Best Hotels" category by Condé Nast Traveller, being the only hotel from Asia in the top ten[56]. - The Peninsula Hotel in Shanghai was recognized as one of the Top 10 Hotels in China by Condé Nast Traveler, ranking 3rd among the World's Best Hotels[146]. - The Istanbul Peninsula Hotel was awarded 5th place in the 2023 World's Best Luxury Hotels by Luxury Travel Intelligence[148]. - The company achieved a Gold certification from EarthCheck for its commitment to sustainability across its properties[147]. Corporate Governance and Leadership - The board of directors has undergone significant changes, with new appointments and retirements, including the promotion of Liao Yijing to Executive Director and Chief Governance Officer in August 2023[32]. - The company is committed to enhancing corporate governance and maintaining high levels of transparency and accountability to gain the trust of shareholders and stakeholders[151]. - The governance framework is central to the company's corporate culture, aligning with its goals and values of integrity, responsibility, and transparency[153]. - The company is actively identifying climate-related risks and opportunities as part of its commitment to corporate responsibility and sustainable development[154]. - The leadership team includes experienced members with extensive backgrounds in various industries, enhancing the company's governance[164][169]. Employee Engagement and Development - The group employed 7,695 full-time staff as of December 31, 2023[46]. - The global employee experience survey participation rate reached a record high of 92%, with an engagement score of 78%, exceeding the global industry average by 5%[45]. - The company launched a new employee development program, with 19 global candidates completing the third learning unit in 2023 and set to complete the final unit in 2024[141]. - The "WorkPlace 2025" initiative aims to modernize the workplace and create a more meaningful work environment for employees[48]. - The company is actively recruiting talent in key markets such as China, Switzerland, and the United States, with campus visits and informational sessions[141].