PROFILE |
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Borrowing its name from James Hilton's "Lost Horizon," Shangri-La is extending its version of hotel paradise across Asia. One of the largest luxury hoteliers in the region, Shangri-La owns and/or manages 37 hotels and resorts under the Rasa, Shang Palace, Shangri-La, Summer Palace, and Traders brands. Among its holdings is Beijing's largest hotel, The Kerry Centre Hotel, which features 487 rooms along with residential and commercial office space. The company also leases commercial office buildings and apartments. After conquering Asia, the company plans to expand into other regions. Malaysian billionaire Robert Kuok's Kuok Group, through Kerry Group, owns slightly more than half of the company.
COMPETITION |
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Millennium & Copthorne Hotels plc (MLC)
New World Development Company Limited (NDVLF)
Pearl Oriental Cyberforce Ltd. (988)
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FINANCIAL OVERVIEW |
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Fiscal Year-End: December
1999 Sales (mil.): 485.80
1-Yr. Sales Growth: 28.3%
Employees: 24,500
Revenue per employee: $19,828.57
KEY PEOPLE |
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Kuok Khoon Ho
CEO
Thaddeus Thomas Beczak
CFO
CONTACT INFO |
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CITIC Tower, 21st Fl.
, Hong Kong
Phone: 852-2599-3000
Fax: 852-2599-3131
Online: Web Site
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