Sino Hotels’ portfolio includes the Conrad Hong Kong. Photo: Getty Images
Sino Hotels, owner of Conrad Hong Kong, posts loss as occupancy rate falls to a third amid coronavirus
- The company’s average room rates plunged by 43 per cent in the year ended June, chairman Robert Ng Chee Siong said in a stock exchange filing
- The group said it would focus more on the domestic tourism market because of the drop in international travel caused by Covid-19
Topic |
Tourism
Sino Hotels’ portfolio includes the Conrad Hong Kong. Photo: Getty Images