PROFILE |
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Hotel Properties Limited (HPL) has diversified itself across Asia, Australia, and Europe with investments in hotels (more than 60% of revenue), condominiums, restaurants, food distribution, and retail operations. Its 14 hotels in eight countries offer a combined 3,700 rooms and include Singapore's Hilton Hotel and Four Seasons Resort Bali. The company developed condominium project Cuscaden Residences in Singapore; other holdings include Hard Rock Cafe franchises in Asia, a stake in Planet Hollywood International, and a Häagen-Dazs distribution operation in Singapore and Malaysia. Managing director Ong Beng Seng and his family own more than 40% of HPL; First Capital Corporation owns nearly 20% of the company.
COMPETITION |
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The Hongkong and Shanghai Hotels, Limited (dossier)
Marriott International, Inc. (MAR)
Shangri-La Asia Limited (dossier)
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FINANCIAL OVERVIEW |
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Fiscal Year-End: December
2000 Sales (mil.): 235.10
1-Yr. Sales Growth: 23.5%
Employees: 3,500
Revenue per employee: $67,171.43
KEY PEOPLE |
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Ong Beng Seng
CEO
CONTACT INFO |
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50 Cuscaden Rd., #08-01 HPL House
249724, Singapore
Phone: 65-+65-734-5250
Fax: 65--
Online: Web Site
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