{"id":110709,"date":"2019-09-13T05:30:05","date_gmt":"2019-09-12T22:30:05","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/sun-hung-kais-hotel-shopping-mall-businesses-take-a-drubbing-as-tourist-numbers-plunge-amid-hong-kong-protests\/"},"modified":"2019-09-13T06:07:42","modified_gmt":"2019-09-12T23:07:42","slug":"sun-hung-kais-hotel-shopping-mall-businesses-take-a-drubbing-as-tourist-numbers-plunge-amid-hong-kong-protests","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/sun-hung-kais-hotel-shopping-mall-businesses-take-a-drubbing-as-tourist-numbers-plunge-amid-hong-kong-protests\/","title":{"rendered":"Sun Hung Kai\u2019s hotel, shopping mall businesses take a drubbing as tourist numbers plunge amid Hong Kong protests"},"content":{"rendered":"


\nSun Hung Kai Properties, the largest developer by value in the world\u2019s least affordable housing market, said its hotel and shopping centre businesses have been hit hard by the protests that are shaking Hong Kong to its core and deterring visitors.Occupancy rates at the company\u2019s hotels have plunged on average by 30 to 40 per cent, with some hotels finding themselves just half full, said Raymond Kwok, chairman and managing director of the company.\u201cFewer customers came when a lot of Western\u2026
\n
\nSource : South China Morning Post
\nRead more…Sun Hung Kai\u2019s hotel, shopping mall businesses take a drubbing as tourist numbers plunge amid Hong Kong protests<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Sun Hung Kai Properties, the largest developer by value in the world\u2019s least affordable housing...<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"false","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","footnotes":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true},"categories":[1],"tags":[],"class_list":["post-110709","post","type-post","status-publish","format-standard","hentry","category-property-news"],"jetpack_featured_media_url":"","jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p75ss1-sND","jetpack-related-posts":[{"id":109306,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/shopping-mall-owners-take-a-drubbing-in-the-stock-market-as-hong-kong-protests-damage-confidence-in-retail-sector\/","url_meta":{"origin":110709,"position":0},"title":"Shopping mall owners take a drubbing in the stock market as Hong Kong protests damage confidence in retail sector","date":"July 24, 2019","format":false,"excerpt":"\r Shopping mall owners have become victims of the mass rallies in Hong Kong, with their share prices taking a battering as investors lose faith in the city\u2019s retail market.Among 18 major listed developers and commercial landlords, Swire Properties and Wharf Reic\u2019s share prices have declined the most since the\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":126928,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-homebuyers-mark-dragon-boat-festival-by-buying-all-flats-at-sun-hung-kais-silicon-hill-project-in-new-territories\/","url_meta":{"origin":110709,"position":1},"title":"Hong Kong homebuyers mark Dragon Boat Festival by buying all flats at Sun Hung Kai\u2019s Silicon Hill project in New Territories","date":"June 3, 2022","format":false,"excerpt":"\r Hong Kong homebuyers turned out in droves on the Dragon Boat Festival holiday and snapped all homes that Sun Hung Kai Properties offered in New Territories, despite an expected hike in interest rates and the city\u2019s weakened economy.\r \r Source : South China Morning Post\r Read more...Hong Kong homebuyers\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":130666,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/ubs-to-lease-office-space-in-sun-hung-kais-west-kowloon-project-from-2026-bringing-its-hong-kong-staff-under-one-roof\/","url_meta":{"origin":110709,"position":2},"title":"UBS to lease office space in Sun Hung Kai\u2019s West Kowloon project from 2026, bringing its Hong Kong staff under one roof","date":"October 10, 2022","format":false,"excerpt":"\r The Swiss investment bank said it will lease 250,000 square feet of office space in the tallest tower of the West Kowloon terminus project, a small cluster of commercial buildings scheduled for completion in 2025.\r \r Source : South China Morning Post\r Read more...UBS to lease office space in\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":121577,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-homebuyers-snap-up-sun-hung-kais-wetland-seasons-bay-launch-as-improving-economy-lifts-sentiments\/","url_meta":{"origin":110709,"position":3},"title":"Hong Kong homebuyers snap up Sun Hung Kai\u2019s Wetland Seasons Bay launch as improving economy lifts sentiments","date":"August 21, 2021","format":false,"excerpt":"\r Hong Kong\u2019s property buyers returned to the market, defying bearish sentiments in the local stock market to snap up new apartments at the city\u2019s wetlands park, as an improving economy and a tapering Covid-19 outbreak lifted sentiments.Sun Hung Kai Properties (SHKP), Hong Kong\u2019s largest developer by value, sold 210\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":126993,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-homebuyers-snap-up-sun-hung-kais-silicon-hill-flats-for-the-second-weekend-in-a-row-aiming-to-get-ahead-of-higher-interest-rates\/","url_meta":{"origin":110709,"position":4},"title":"Hong Kong homebuyers snap up Sun Hung Kai\u2019s Silicon Hill flats for the second weekend in a row, aiming to get ahead of higher interest rates","date":"June 11, 2022","format":false,"excerpt":"\r The sell-out launch marked the second bumper weekend for SHKP, which sold all 170 flats last weekend, a successful campaign that gave the developer the confidence to raise the average price by 0.9 per cent.\r \r Source : South China Morning Post\r Read more...Hong Kong homebuyers snap up Sun\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":114581,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/worse-to-come-for-hong-kongs-hotel-retail-sectors-warns-sun-hung-kai-properties-as-profit-takes-a-pounding-from-coronavirus-protests\/","url_meta":{"origin":110709,"position":5},"title":"Worse to come for Hong Kong\u2019s hotel, retail sectors, warns Sun Hung Kai Properties as profit takes a pounding from coronavirus, protests","date":"February 27, 2020","format":false,"excerpt":"\r Sun Hung Kai Properties, the biggest Hong Kong developer by value, warned of a bleak outlook for the hospitality and retail sectors after its hotel business took a pounding in the second half of last year.The company\u2019s hotel operating profit plummeted by HK$595 million, or 75.1 per cent, to\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/110709"}],"collection":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/comments?post=110709"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/110709\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=110709"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=110709"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=110709"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}