HK&S HOTELS (45) Last season, the room occupancy rate in the Greater China region rose to 76, CEO: The impact of the military conflict in the Middle East on flights in the region is not severe
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HK&S HOTELS announced its operational data for the fourth quarter of last year, with the room occupancy rate in the Greater China region rising to 76%, an increase of 7 percentage points year-on-year and 9 percentage points quarter-on-quarter. The average room rate was HKD 4,524, an increase of 6.07% year-on-year and 22.36% quarter-on-quarter. CEO Hu Weicheng stated that the military conflict in the Middle East has not significantly impacted flights, and the group will continue to advance its diversification plan through 2035, with a greater focus on joint ownership and hotel management businesses in the future
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