InterContinental Hotels Group, the operator of InterContinental hotel in Tsim Sha Tsui, has seen a decline in its revenue per available room because of the protests. Photo: Martin Chan
Hong Kong protests hit InterContinental, cognac maker Remy Cointreau’s third-quarter sales as fewer tourists visit city
- InterContinental Hotels Group warned it could see a US$5 million effect on its 2019 full-year results from lower fee income
- Remy Cointreau, the maker of Remy Martin, said fewer tourists in Hong Kong cut into cognac sales in the first half ended September
InterContinental Hotels Group, the operator of InterContinental hotel in Tsim Sha Tsui, has seen a decline in its revenue per available room because of the protests. Photo: Martin Chan