Shangri-La

#4540

Rank

$2.1B

Marketcap

Hong Kong

Country

Leadership team

Ms. Hui Kwong Kuok (Exec. Chairman)

Mr. Beng Chee Lim (Group CEO & Exec. Director)

Mr. Chee Wui Chua (Group Chief Investment Officer, CFO & Exec. Director)

Products/ Services

Hospitality, Leisure, Publishing, Travel

Number of Employees

20,000 - 50,000

Headquarters

Quarry Bay, Hong Kong Island, Hong Kong

Established

1971

Revenue

Above - 1B

Traded as

0069.HK

Social Media

URL

https://www.shangri-la.com

Overview

Location

Recognition and Award

References

Summary

Shangri-La Asia Limited, an investment holding company, develops, owns/leases, operates, and manages hotels and associated properties worldwide. It operates through four segments: Hotel Properties, Hotel Management and Related Services, Investment Properties, and Property Development for Sale. The company develops, owns, and operates office and commercial properties, and serviced apartments/residences; and operates restaurants and amusement parks. It is also involved in the hotel ownership, and property rental and sale business; and property investment, as well as wines trading activities. The company operates hotels under the Shangri-La Hotels and Resorts, Kerry Hotels, JEN by Shangri-La, Traders Hotel, Rasa, Summer Palace, and Shang Palace, as well as CHI, The Spa at Shangri-La brand names. As of December 31, 2021, it had equity interests in 80 operating hotels and 3 hotels under operating lease with 35,154 rooms. Shangri-La Asia Limited was founded in 1971 and is headquartered in Quarry Bay, Hong Kong.

History

The first hotel of the luxury Shangri-La Hotels and Resorts Group was the Shangri-La Hotel Singapore, opened on 23 April 1971. The name derives from the mythical place Shangri-La, described in the 1933 novel Lost Horizon by British author James Hilton.The Shangri-La Hotel Singapore was managed by Westin Hotels & Resorts, until Shangri-La International Hotel Management Limited was founded in 1979, and management of the Singapore Shangri-La was taken back over from Westin in 1984. However, it would not be until 1991 that Shangri-La assumed control of the rest of the hotels.This hotel has also become a prominent inter-governmental security conference known as the Shangri-La Dialogue.

Mission

Our mission is to be the global leader in hospitality providing unparalleled service and experiences that exceed the expectations of our guests.

Vision

Our vision is to continually redefine and re-imagine hospitality, embodying the values of hospitality that have been embraced by Chinese civilizations for thousands of years.

Key Team

Mr. Chuen Kee Paw (Group COO, Deputy CEO & Exec. VP of Operations - China)

Mr. Spencer Lam (Chief Technology Officer)

Ms. May Yip (SNL Contact Person)

Mr. Chow Loong Seow (Gen. Counsel & Company Sec.)

Mr. Nichlas Maratos (Exec. VP of Sales)

Ms. Christina Lu (Chief Marketing Officer)

Mr. Chen Kiong Tan (Chief HR Officer)

Recognition and Awards

Shangri-La Hotels and Resorts has earned a host of awards and accolades over the years, including World Travel Awards, International Hotel Awards, and TripAdvisor Travellers’ Choice Awards.