The Hongkong and Shanghai Hotels (45) Releases Third-Quarter 2025 Operating Figures

Bulletin Express
2025/11/05

The Hongkong and Shanghai Hotels, Limited (stock code: 45) has published unaudited operating statistics for the third quarter of 2025, comparing key indicators with the same period in 2024. The information covers the performance of The Peninsula Hotels in various regions and the Group’s leasing operations.

For The Peninsula Hotels, third-quarter RevPAR increased year-on-year across all regions. Greater China recorded a rise from HK$2,081 to HK$2,477, Europe moved from HK$8,548 to HK$9,234, the USA improved from HK$5,176 to HK$5,994, and Other Asia saw growth from HK$1,880 to HK$2,011. Average room rates for the same period showed mixed results: Greater China declined from HK$3,856 to HK$3,697, while the USA rose from HK$7,573 to HK$8,113, and Europe saw a slight dip from HK$13,852 to HK$13,547. Occupancy rates generally strengthened; Greater China rose to 67% from 54%, Europe to 68% from 62%, the USA to 74% from 68%, and Other Asia to 64% from 57%. Room counts as of 30 September 2025 were noted, with 765 rooms in Greater China, 567 in Europe, 753 in the USA, and 1,023 in Other Asia.

Leasing operations reflected moderate changes. For the third quarter of 2025, average monthly rent per square foot for residential properties rose to HK$47 from HK$46 in 2024, while shopping arcades recorded HK$132 compared with HK$135. Offices stood at HK$68 versus HK$66 a year earlier. Occupancy rates saw 94% in residential (down from 95%), 89% in shopping arcades (up from 87%), and 76% in offices (down from 85%).

The figures provided are unaudited, and shareholders and potential investors are advised to exercise caution when dealing in the Company’s securities.

免責聲明:投資有風險,本文並非投資建議,以上內容不應被視為任何金融產品的購買或出售要約、建議或邀請,作者或其他用戶的任何相關討論、評論或帖子也不應被視為此類內容。本文僅供一般參考,不考慮您的個人投資目標、財務狀況或需求。TTM對信息的準確性和完整性不承擔任何責任或保證,投資者應自行研究並在投資前尋求專業建議。

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