SHKP Quarterly

choice of business travellers, achieving one of the highest average daily room rates in the city. Four Seasons Hotel Suzhou (scheduled to open in November 2023) is another exciting portfolio addition. The hotel is located on a private island by the famous Jinji Lake, while still offering easy access to the city's vibrant business areas. The pre-opening team is already on board, conducting final preparations to welcome guests to the 210 rooms, suites and private villas. The Group’s hotel business is capitalizing on post-pandemic opportunities for sustained growth Following the gradual resumption of capacity of international flights, and a higher number of MICE (Meetings, Incentives, Exhibitions, Conferences, Concerts, etc.) and other business activities in Hong Kong, the local hospitality market is poised to grow on the back of increasing demand and limited supply of new hotels over the next few years. The Group’s hotels are committed to improving efficiency, elevating service standards and delivering a unique hospitality experience through several asset, sustainability and technology advancements to capitalize on the growing opportunities. Our comprehensive hotel portfolio enjoys strong synergies with the Group’s integrated projects The Group boasts a premium hotel portfolio in Hong Kong and on the mainland from luxury to mid-scale hotels, which are either managed by top international operators or are self-managed, including the five Royal brand hotels . Each hotel has distinct market positioning and offers exceptional and diversified hotel services for discerning customers. Several of the Group’s hotels have received Michelin stars and other awards. Four restaurants in the Four Seasons Hotel Hong Kong , for example, received a total of seven Michelin stars, two received five Black Pearl Diamonds, and a bar was listed in the World’s 50 Best Bars. The Ritz-Carlton, Hong Kong , rated as one of the best hotels in Hong Kong by TripAdvisor, two of its restaurants claimed three Michelin stars in total, and one claimed one Black Pearl Diamond. In The Ritz-Carlton Shanghai, Pudong , one restaurant received one Michelin star and one a Black Pearl Diamond. And the new Andaz Nanjing Hexi adds to the Group’s prestige. Each hotel effectively complements the Group’s prestigious integrated developments in Hong Kong, Shanghai and Nanjing. The Group’s diversified hotel portfolio is geared to capitalize on the growing opportunities in the post-pandemic era in Hong Kong and on the mainland. In the high-end market, the newly renovated Four Seasons Hotel Hong Kong , in the IFC complex, comprising a mall, offices, serviced apartments and a five-star hotel, and located in the heart of the commercial hub on Hong Kong Island, was the venue of the Global Financial Leaders’ Investment Summit, held in November 2022, and has been highly sought after by high-end international and mainland business and leisure travellers since the border reopening. The Ritz-Carlton, Hong Kong and W Hong Kong , owing to their proximity to ICC and tourist attractions such as the West Kowloon Cultural District and the Hong Kong Palace Museum, attract discerning travellers looking to travel in style and enjoyment. W Hong Kong is dedicated to creating a luxurious and fashionable hospitality style 香港 W 酒店走時尚豪華路線 Hyatt Centric Victoria Harbour Hong Kong is preferred by business and leisure travellers with stunning views of Victoria Harbour 香港維港凱悅尚萃酒店坐擁絕佳的維多利亞港景色，是不少商務旅客的 首選 5