The Hong Kong Peninsula, Hongkong and Shanghai Hotels Limited’s jewel in the crown, is hit again by ongoing renovations at its Beijing and Chicago sites. The famous Kowloon site saw a 4 per cent fall in average occupancy. Photo: SCMP handout

Hongkong and Shanghai Hotels hit with 43pc slump in H1 profit

As tourist numbers to HK continue to suffer, occupancy at the company’s iconic Peninsula hotel in Kowloon drops 4 percentage points to 68pc

Topic |   Hong Kong company reporting season

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The Hong Kong Peninsula, Hongkong and Shanghai Hotels Limited’s jewel in the crown, is hit again by ongoing renovations at its Beijing and Chicago sites. The famous Kowloon site saw a 4 per cent fall in average occupancy. Photo: SCMP handout
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