The Hongkong and Shanghai Hotels (0045) Stock Overview

The Hongkong and Shanghai Hotels, Limited, an investment holding company, owns, develops, and manages hotels, and commercial and residential properties in Asia, the United States, and Europe. The company operates through three segments: Hotels, Commercial Properties, and Clubs and Services. The Hotels segment is involved in the operation of hotels; and leasing of commercial shopping arcades and office premises located within the hotel buildings. The Commercial Properties segment engages in the development, lease, and sale of residential apartments; and lease of retail and office premises, as well as operation of food and beverage outlets in such premises. The Clubs and Services segment operates golf courses; provides tourism and leisure, retail and wholesale of merchandise, club management, and other services; operates The Peak Tram, a tramway; wholesales and retails food and beverage products; and offers laundry, and management and consultancy services for clubs. It is also involved in marketing services; lending and borrowing of funds; and property investment activities, as well as operates golf club and resort, and Peninsula Boutiques. The company was formerly known as The Hongkong Hotel Company, Limited. The Hongkong and Shanghai Hotels, Limited was incorporated in 1866 and is headquartered in Central, Hong Kong.