Shangri-La Asia Limited Sponsored ADR (SHALY)

Overview

Founded in 1971 and headquartered in Quarry Bay, Hong Kong, Shangri-La Asia Limited stands as a pivotal investment holding company with an expansive portfolio that extends across developing, owning or leasing, operating, and managing hotels and associated properties. It orchestrates its operations through four principal segments: Hotel Properties, Hotel Management and Related Services, Investment Properties, and Property Development for Sale. Beyond its hotel operations, Shangri-La Asia Limited develops, owns, and operates a variety of office and commercial properties and serviced apartments/residences. The company also has pursuits in the food and beverage industry, operating restaurants and amusement parks. Moreover, its business activities encompass hotel ownership, property rental and sales, property investment, real estate development and sales, as well as trading in wines. It’s renowned for managing hotels under illustrious brand names including Shangri-La Hotels and Resorts, Kerry Hotels, JEN by Shangri-La, Traders Hotel, Rasa, Summer Palace, and Shang Palace, in addition to CHI, The Spa at Shangri-La. This diverse business model enables Shangri-La Asia Limited to offer a comprehensive array of services and experiences to customers worldwide, ensuring its standing as a leader in the global hospitality and property development industry.

Products and Services

• Hotel Operations:

  Shangri-La Asia Limited operates prestigious hotels under several brand names including Shangri-La Hotels and Resorts, Kerry Hotels, and JEN by Shangri-La. These hotels offer luxurious accommodations, exceptional service, and amenities tailored to business and leisure travelers alike.

• Commercial and Office Properties:

  The company invests in and operates a range of office and commercial properties. These include high-end office buildings that cater to multinational corporations and commercial spaces that host retail and dining establishments.

• Property Development and Sales:

  In addition to its rental and leasing operations, Shangri-La Asia Limited engages in the development and sale of real estate properties. This segment focuses on creating premium residential, commercial, and mixed-use developments.

• Serviced Apartments and Residences:

  The company owns and operates serviced apartments and residences, providing luxury living options for long-term stays with a comprehensive range of services and amenities.

• Restaurants and Amusement Parks:

  Shangri-La also ventures into the food and beverage industry, managing a variety of restaurants under brands such as Summer Palace and Shang Palace. Furthermore, it operates amusement parks, offering entertainment and recreational activities for families and tourists.

• Wine Trading:

  Expanding its portfolio, Shangri-La engages in the trading of wines, catering to the growing demand for high-quality wines in Asia and beyond.

• CHI, The Spa at Shangri-La:

  Under its luxury spa brand, CHI, The Spa at Shangri-La, the company offers wellness and spa services that emphasize holistic health, relaxation, and rejuvenation, catering to the wellbeing of its guests.