Mandarin Oriental International said it saw an unprecedented low level of occupancy in its Hong Kong hotel due to the Sars outbreak. At its annual general meeting at Bermuda yesterday, the company said the occupancy rate had also fallen at Singapore and Bangkok due to the virus and Iraq war, but the United States and Europe were less affected. Meanwhile, the Hong Kong and Shanghai Hotel also expected its interim result to be significantly affected by the recent sharp fall in traveller numbers. However, it did not intend to revise the proposed dividend of 8 HK cents per share at the forthcoming annual general meeting.
