{"id":115190,"date":"2020-03-27T08:55:35","date_gmt":"2020-03-27T01:55:35","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-airport-hotel-operator-regal-staring-at-abyss-as-it-takes-a-blow-from-coronavirus-and-protests\/"},"modified":"2020-03-27T09:03:43","modified_gmt":"2020-03-27T02:03:43","slug":"hong-kong-airport-hotel-operator-regal-staring-at-abyss-as-it-takes-a-blow-from-coronavirus-and-protests","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-airport-hotel-operator-regal-staring-at-abyss-as-it-takes-a-blow-from-coronavirus-and-protests\/","title":{"rendered":"Hong Kong airport hotel operator Regal staring at abyss as it takes a blow from coronavirus and protests"},"content":{"rendered":"


\nRegal Hotels International Holdings, which owns the airport hotel in Hong Kong, said that the double whammy of coronavirus outbreak and social unrest could prove disastrous for the company, as one in five rooms at its properties remains unoccupied.\u201cUnless the further spread of the coronavirus can be promptly contained, business outlook for this year would not be optimistic,\u201d the company said in its annual result filing to the Hong Kong stock exchange late on Thursday.Regal, chaired by property\u2026
\n
\nSource : South China Morning Post
\nRead more…Hong Kong airport hotel operator Regal staring at abyss as it takes a blow from coronavirus and protests<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Regal Hotels International Holdings, which owns the airport hotel in Hong Kong, said that the...<\/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-115190","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-tXU","jetpack-related-posts":[{"id":42661,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/regal-hotels-wins-contract-for-new-airport-hotel-in-hong-kong\/","url_meta":{"origin":115190,"position":0},"title":"Regal Hotels wins contract for new airport hotel in Hong Kong","date":"February 2, 2017","format":false,"excerpt":"\r Regal Hotels Group has won the contract for the development of a new hotel project at Hong Kong International Airport. The HK$2.19 billion offer from Capital Charm, a wholly owned subsidiary of Regal, was accepted late on Thursday, according to an announcement on the Hong Kong stock exchange website.\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":115983,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-misery-forces-luxury-hoteliers-to-delay-1000-odd-new-rooms-with-market-at-disastrous-levels-due-to-coronavirus-and-anti-government-protests\/","url_meta":{"origin":115190,"position":1},"title":"Hong Kong misery forces luxury hoteliers to delay 1,000-odd new rooms with market at disastrous levels due to coronavirus and anti-government protests","date":"May 1, 2020","format":false,"excerpt":"\r Hong Kong\u2019s luxury hotel owners have postponed plans to add more than 1,000 new rooms to a \u201cdisastrous\u201d market still reeling from an economic slump caused by months of social unrest and the coronavirus outbreak.CK Asset Holdings has deferred the opening of its 840-room Hotel Alexandra in Fortress Hill\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":171202,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/regals-us194-million-hotel-sale-highlights-investor-push-into-hong-kong-student-housing\/","url_meta":{"origin":115190,"position":2},"title":"Regal\u2019s US$194 million hotel sale highlights investor push into Hong Kong student housing","date":"March 23, 2026","format":false,"excerpt":"\r Regal Hotels International Holdings and its units have sold the 494-room Regal Kowloon Hotel for about HK$1.52 billion (US$194 million) to the real estate investment arm of Centaline Group, which operates one of Hong Kong\u2019s largest property agency networks, to be converted into a student hostel. Regal Hotels and\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":115190,"position":3},"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":[]},{"id":118226,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-co-working-operator-thedesk-kerry-hotel-start-profit-sharing-venture-to-beat-pandemic-driven-slowdown\/","url_meta":{"origin":115190,"position":4},"title":"Hong Kong co-working operator theDesk, Kerry Hotel start profit-sharing venture to beat pandemic-driven slowdown","date":"August 14, 2020","format":false,"excerpt":"\r The coronavirus pandemic is forcing hotels and co-working space operators to collaborate in a whole new way, one that involves profit sharing instead of the traditional tenant-landlord relationship.Hong Kong-based co-working company theDesk is now occupying 6,600 sq ft in the Hong Kong hotel group Shangri-La\u2019s Kerry Hotel in the\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":114656,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/financial-system-remains-steady-despite-shocks-of-coronavirus-protests-says-hong-kong-monetary-authority-even-as-currency-takes-a-tumble\/","url_meta":{"origin":115190,"position":5},"title":"Financial system remains steady despite \u2018shocks\u2019 of coronavirus, protests, says Hong Kong Monetary Authority, even as currency takes a tumble","date":"March 2, 2020","format":false,"excerpt":"\r Hong Kong\u2019s currency has slipped from a recent three-year high as the deadly coronavirus outbreak unfolded, but the city\u2019s de facto central bank insists the financial system remains stable despite the epidemic\u2019s heavy toll on the economy.The Hong Kong dollar has weakened by 0.3 per cent to 7.783 per\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\/115190"}],"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=115190"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/115190\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=115190"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=115190"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=115190"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}