Shangri-La Asia Limited · Hong Kong
Company Description
CITIC Tower, 21st Fl. No. 1 Tim Mei Ave., Central
Hong Kong
(Map)
Phone: +852-2525-9146
Fax: +852-2523-8842
View Shangri-La Asia Limited Locations On A US Map
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This link will open in a new window Borrowing its name from James Hilton's Lost Horizon, Shangri-La is extending its version of hotel paradise across Asia and the Middle East. One of the largest luxury hoteliers in the region, the company operates 60 hotels and resorts under the Shangri-La and Traders Hotel brands (it has equity invested in 45 of the properties, and manages the remaining 15). The company also leases commercial office buildings, retail space, and apartments. Shangri-La was founded in 1971 by Malaysian billionare Robert Kuok, who controls shares of the company personally and through his stake in Kerry Group . Robert's son, Edward, is Shangri-La's chairman. To read the full description, subscribe now.
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Key Shangri-La Asia Limited Financials
| Company Type | Public Single Location |
| Fiscal Year-End | December |
| 2008 Sales (mil.) | $1,353.3 |
| Employees | 1,500 |
Shangri-La Asia Limited Executives
20 executives listed for Shangri-La Asia Limited's , location.
| Title | Name & Bio | Contact |
| Chairman | Kuok Khoon Ean | Network |
| Deputy Chairman | Lui Man Shing | Network |
| President, CEO, and Board Member | Edward Kuok | Network |
Competition
Competitive Landscape for Shangri-La Asia Limited
Business and tourist travel drive demand. Both are affected by the strength of the economy. The profitability of individual companies depends on efficient operations, because many costs are fixed, and on effective marketing. Large companies have advantages in economies of scale in operations, can more easily raise capital, and have strong name recognition. Small companies, such as boutique hotels, can compete effectively in favorable locations and by providing specialty services. A hotel business requires large amounts of capital, but operations are labor-intensive: average annual revenue per employee is around $80,000. To read the full description, subscribe now.Top Shangri-La Asia Limited Competitors
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