The Shamrock Hotel on Nathan Road, Hong Kong, will close down on June 14 after seven decades of business. Photo: Edmond So
The Shamrock Hotel on Nathan Road, Hong Kong, will close down on June 14 after seven decades of business. Photo: Edmond So
Tourism

Eight out of 10 Asia-Pacific hotels had to close at peak of coronavirus pandemic, Colliers estimates

  • The closures are likely to lead to losses of at least US$50 billion in first-half revenues for the segment, the property consultancy says
  • About 2 per cent to 3 per cent of hotels in the region would have permanently shut their doors to guests, Colliers estimated

The Shamrock Hotel on Nathan Road, Hong Kong, will close down on June 14 after seven decades of business. Photo: Edmond So
The Shamrock Hotel on Nathan Road, Hong Kong, will close down on June 14 after seven decades of business. Photo: Edmond So
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