{"id":115983,"date":"2020-05-01T07:00:26","date_gmt":"2020-05-01T00:00:26","guid":{"rendered":"http:\/\/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\/"},"modified":"2020-05-01T07:03:04","modified_gmt":"2020-05-01T00:03:04","slug":"hong-kong-misery-forces-luxury-hoteliers-to-delay-1000-odd-new-rooms-with-market-at-disastrous-levels-due-to-coronavirus-and-anti-government-protests","status":"publish","type":"post","link":"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\/","title":{"rendered":"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"},"content":{"rendered":"


\nHong 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 to a later date while a consortium of Hong Kong\u2019s biggest developers has pushed back the 206-room The Silveri Hong Kong MGallery in Tung Chung by at least six months.The decision reflects\u2026
\n
\nSource : South China Morning Post
\nRead more…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<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Hong Kong\u2019s luxury hotel owners have postponed plans to add more than 1,000 new rooms...<\/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-115983","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-uaH","jetpack-related-posts":[{"id":118853,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-hoteliers-cautious-about-openings-even-as-third-coronavirus-wave-eases-and-staycations-rise-during-golden-week\/","url_meta":{"origin":115983,"position":0},"title":"Hong Kong hoteliers cautious about openings even as third coronavirus wave eases and staycations rise during \u2018golden week\u2019","date":"October 7, 2020","format":false,"excerpt":"\r Hong Kong\u2019s third coronavirus wave might have eased and local demand might have risen during the recent public holiday, but the city\u2019s hotel operators are not taking any chances and remain cautious in what is still a challenging market.Some have opened their properties after delays, while others have postponed\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":115190,"url":"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\/","url_meta":{"origin":115983,"position":1},"title":"Hong Kong airport hotel operator Regal staring at abyss as it takes a blow from coronavirus and protests","date":"March 27, 2020","format":false,"excerpt":"\r Regal 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,\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":114295,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/what-is-the-future-for-hong-kongs-luxury-retailers-as-chinas-big-spenders-avoid-city-of-protests-and-coronavirus-quarantines\/","url_meta":{"origin":115983,"position":2},"title":"What is the future for Hong Kong\u2019s luxury retailers, as China\u2019s big spenders avoid city of protests and coronavirus quarantines?","date":"February 15, 2020","format":false,"excerpt":"\r Zhang Zisheng has stopped shopping in Hong Kong. The 24-year-old salesman no longer feels welcome, even if his home in Jiangmen is a mere 90-minutes\u2019 ride away on the high-speed rail, and he speaks the same Cantonese as Hong Kong\u2019s residents.\u201cI\u2019m worried that I, as a mainland Chinese visitor,\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":111046,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-hoteliers-issue-sos-as-plunging-rates-touch-us9-a-night-and-occupancy-hits-20-per-cent-amid-protests\/","url_meta":{"origin":115983,"position":3},"title":"Hong Kong hoteliers issue SOS as plunging rates touch US$9 a night and occupancy hits 20 per cent amid protests","date":"September 25, 2019","format":false,"excerpt":"\r Hong Kong hotel operators have called on the government to waive rents and even allow properties to offer empty rooms on long-term leases, or for sale, as a way of survival amid a steep decline in occupancy and rates brought on by 16 weeks of protests in the city.At\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":115290,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-hoteliers-can-forget-about-v-shaped-recovery-as-coronavirus-brings-new-norm-to-industry\/","url_meta":{"origin":115983,"position":4},"title":"Hong Kong hoteliers can forget about V-shaped recovery as coronavirus brings new norm to industry","date":"March 31, 2020","format":false,"excerpt":"\r The onslaught of social unrest and coronavirus pandemic have changed the travel patterns in Hong Kong, bringing along permanent changes to the hotel industry. It\u2019s hard to see a swift rebound from this one-two punch.Visitor arrivals fell 52.7 per cent to 3.2 million in January 2020 from a year\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":124598,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/coronavirus-hong-kong-hotel-firms-carrie-lam-to-discuss-arrangement-of-another-10000-rooms-for-isolation-use\/","url_meta":{"origin":115983,"position":5},"title":"Coronavirus: Hong Kong hotel firms, Carrie Lam to discuss arrangement of another 10,000 rooms for isolation use","date":"February 16, 2022","format":false,"excerpt":"\r Hong Kong\u2019s leader is to meet the city\u2019s property developers on Wednesday to discuss the use of an additional 10,000 rooms to alleviate a dire shortage of isolation facilities.Builders and hotel owners that are part of the Real Estate Developers Association (Reda), a powerful industry group, are expected 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\/115983"}],"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=115983"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/115983\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=115983"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=115983"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=115983"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}