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
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Hong Kong company reporting season
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