{"id":172322,"date":"2026-08-05T18:00:10","date_gmt":"2026-08-05T11:00:10","guid":{"rendered":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/peninsula-group-to-renovate-hong-kong-flagship-tokyo-hotel-in-us268m-project\/"},"modified":"2026-08-05T18:09:04","modified_gmt":"2026-08-05T11:09:04","slug":"peninsula-group-to-renovate-hong-kong-flagship-tokyo-hotel-in-us268m-project","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/peninsula-group-to-renovate-hong-kong-flagship-tokyo-hotel-in-us268m-project\/","title":{"rendered":"Peninsula group to renovate Hong Kong flagship, Tokyo hotel in US$268m project"},"content":{"rendered":"


\nThe owner of Hong Kong\u2019s iconic Peninsula hotel plans to invest HK$2.1 billion (US$268 million) to renovate its flagship hotel in the city and its Tokyo property, betting on the long-term strength of the luxury travel market despite geopolitical uncertainty and volatile consumer demand.
\nHongkong and Shanghai Hotels (HSH), which owns and operates The Peninsula hotel chain, announced the renovation plan on Wednesday alongside interim results showing a return to profit after stronger performances…
\n
\nSource : South China Morning Post
\nRead more…Peninsula group to renovate Hong Kong flagship, Tokyo hotel in US8m project<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

The owner of Hong Kong\u2019s iconic Peninsula hotel plans to invest HK$2.1 billion (US$268 million)...<\/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-172322","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-IPo","jetpack-related-posts":[{"id":143185,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/the-peninsula-sees-challenges-as-hong-kong-luxury-hotel-chain-seeks-to-counter-negative-perception-hobbling-tourism-industry\/","url_meta":{"origin":172322,"position":0},"title":"The Peninsula sees challenges as Hong Kong luxury hotel chain seeks to counter \u2018negative perception\u2019 hobbling tourism industry","date":"March 25, 2024","format":false,"excerpt":"\r \u2018We are trying to overcome it, so that people will come back to Hong Kong and experience all of the good things it has to offer\u2019, CEO Clement Kwok says. \u2018That will take some time.\u2019\r \r Source : South China Morning Post\r Read more...The Peninsula sees challenges as Hong\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":124263,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-tycoon-kadoorie-to-boost-stake-in-peninsula-hotel-operator-for-us337-million-triggering-a-record-stock-rally\/","url_meta":{"origin":172322,"position":1},"title":"Hong Kong tycoon Kadoorie to boost stake in Peninsula hotel operator for US$337 million, triggering a record stock rally","date":"January 17, 2022","format":false,"excerpt":"\r Billionaire Michael Kadoorie is paying almost double the market price to boost his family\u2019s stake in the Hong Kong and Shanghai Hotels that owns the Peninsula hotel in the city. The stock surged by the most in more than two decades.The family has agreed to buy 205.3 million shares\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":159387,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/how-the-peninsula-hong-kong-aims-to-stay-competitive-amid-shenzhen-rivalry\/","url_meta":{"origin":172322,"position":2},"title":"How The Peninsula Hong Kong aims to stay competitive amid Shenzhen rivalry","date":"August 17, 2025","format":false,"excerpt":"\r The Peninsula Hong Kong is focusing on luxury retail, fine dining and high-end services to attract both local and international guests amid a surge in new hotel openings in the city and competing lodging options in neighbouring Shenzhen. The Peninsula saw its occupancy rise by double digits year on\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":158789,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kongs-peninsula-hotels-sees-surge-in-bleisure-travellers\/","url_meta":{"origin":172322,"position":3},"title":"Hong Kong\u2019s Peninsula Hotels sees surge in \u2018bleisure\u2019 travellers","date":"August 6, 2025","format":false,"excerpt":"\r Hong Kong has welcomed a new wave of travellers combining business and leisure, who have revitalised the city\u2019s luxury hotel sector, according to Benjamin Vuchot, the executive director and CEO of Hong Kong and Shanghai Hotels (HSH), operator of The Peninsula Hotels. \u201cThe opportunity is primarily driven by business\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":114220,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/new-world-development-puts-harvard-educated-scion-in-charge-of-china-flagship-unit-amid-succession-plan-at-hong-kong-property-empire\/","url_meta":{"origin":172322,"position":4},"title":"New World Development puts Harvard-educated scion in charge of China flagship unit amid succession plan at Hong Kong property empire","date":"February 12, 2020","format":false,"excerpt":"\r New World Development has appointed Adrian Cheng Chi-kong as head of its property business in mainland China, entrenching his position as the next-generation successor at Hong Kong\u2019s third-largest hotel-and-property empire by market value.Cheng has been named the executive chairman of New World China Land, the group\u2019s flagship property arm\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":172604,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/once-the-worlds-most-visited-city-hong-kong-now-converts-hotels-into-student-dorms\/","url_meta":{"origin":172322,"position":5},"title":"Once the world\u2019s most-visited city, Hong Kong now converts hotels into student dorms","date":"September 21, 2026","format":false,"excerpt":"\r Late last month, an open tender for Hotel Cozi Harbour View in Kwun Tong was announced, with interested parties given until October 15 to submit bids. The 598-room hotel, located in Hong Kong\u2019s eastern Kowloon Peninsula, a former industrial area, was taken over by Nanyang Commercial Bank for HK$1.87\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\/172322"}],"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=172322"}],"version-history":[{"count":1,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/172322\/revisions"}],"predecessor-version":[{"id":172323,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/172322\/revisions\/172323"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=172322"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=172322"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=172322"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}