Industry Update
External Article21 April 2020

Hong Kong’s Legacy Luxury Hotel Players Join Forces to Aid in Recovery

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skift.com

Hong Kong's legacy hotel companies are ditching competition for collaboration with one another, as daily arrivals to the city sank to below 100 visitors per day at the start of April.

Wharf Hotels, Hongkong & Shanghai Hotels, Langham Hospitality Group, Rosewood Hotel Group, Mandarin Oriental Hotel Group, Shangri-La Hotels & Resorts, Harilela Hotels and Swire Hotels have formed an alliance. Cathay Pacific, part of Swire, is also in the group, called Heritage Tourism Brands.

Aside from lineage — their founders are real estate taipans who have invested billions of dollars in Hong Kong over the past century — the companies are all in the luxury hotel space, which usually isn't prone to rival chumminess. Joining forces is itself an achievement, said Peter Borer, chief operating officer of Hongkong & Shanghai Hotels that owns and operates Peninsula Hotels. Find another city in the world where local luxury brands are aligning in such a way, said Borer, who came up with the idea.

Read the full article at skift Inc.

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