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  1. www1.hkexnews.hk › listedco › listconewsHKEX :: HKEXnews

    HKEX :: HKEXnews

  2. The hotels divisionreported overall satisfactory results in terms of RevPAR, average rates and occupancy, with some improvement in Greater China.Business at The Peninsula Hong Kong was stable although the recovery is slower than expected. The Peninsula ...

  3. www1.hkexnews.hk › app › sehkwww1.hkexnews.hk

    www1.hkexnews.hk

    • GENERAL
    • SALE AND PURCHASE AGREEMENT
    • Subject Matter
    • Conditions Precedent
    • Flying Dragon
    • Mega Well
    • Sav Hospitality
    • REASONS AND BENEFITS OF THE DISPOSAL
    • GENERAL

    Completion of the Sale and Purchase Agreement is subject to the fulfilment of certain conditions precedent and terms thereof, and therefore, may or may not take place. Shareholders and potential investors of the Company should exercise caution when dealing in the shares of the Company.

    The principal terms of the Sale and Purchase Agreement are as follow:

    The Vendors have conditionally agreed to sell the Sale Shares (representing the Flying Dragon Share and the Sav Hospitality Shares) and assign the Sale Loans (representing the Flying Dragon Loan and the Sav Hospitality Loan) to the Purchaser free from encumbrances but together with all rights attached, accrued or accruing thereto as at the Completi...

    Completion is conditional upon the following conditions being satisfied (and/or waived by the Purchaser): the Vendors being able to show and give title to the Property in accordance with the applicable laws in Hong Kong pursuant to the provisions of the Sale and Purchase Agreement and there being no order received by any of the Target Companies in ...

    Flying Dragon is a company incorporated in the British Virgin Islands with limited liability and is an indirect wholly-owned subsidiary of the Company as at the date of this announcement. Flying Dragon is principally engaged in investment holding.

    Mega Well is a company incorporated in Hong Kong with limited liability and is a direct wholly-owned subsidiary of Flying Dragon as at the date of this announcement. Mega Well is principally engaged in property investment and is the owner of the Property.

    Sav Hospitality is a company incorporated in Hong Kong with limited liability and is a direct wholly-owned subsidiary of the Company as at the date of this announcement. Sav Hospitality is principally engaged in hotel operation and management. It owns the Hotel License and is operating and managing the Hotel.

    Although the market in Hong Kong has slightly recovered after the implementation of the COVID-19 vaccination program and the electronic consumption vouchers scheme by the HKSAR government, businesses and economies of the world, especially for tourism and hospitality sectors, are still reeling from the prolonged adverse effects of the COVID-19 pande...

    Completion of the Sale and Purchase Agreement is subject to the fulfilment of certain conditions precedent and terms thereof, and therefore, may or may not take place. Shareholders and potential investors of the Company should exercise caution when dealing in the shares of the Company.

  4. www1.hkexnews.hk › listedco › listconews2021 - HKEXnews

    2 Huazhu Group Limited Annual Report 2021 BUSINESS OVERVIEW We are a leading, fast-growing multi-brand hotel group in China with international operations. Our hotels are operated under three different models: leased and owned, franchised, and franchised

  5. Hotels Rooms Hotels Rooms Hotels Rooms Owned/ Leased Hotels Hotels under Management contracts in ’000 in ’000 in ’000 73 30.7 17 5.4 90 36.1 4 3 3 1.6 – – 3 1.6 – – 7 2.8 1 0.4 8 3.2 1 1 – – 2 0.9 2 0.9 1 – Total 83 35.1 20 6.7 103 41.8 6 4 Notes: (1) A

  6. www1.hkexnews.hk › listedco › listconews2023

    計。截至2023年12月31日,我們有16家在營的Zleep Hotels,另有15家開發中的Zleep Hotels 。中檔酒店品牌 全季酒店 全季酒店為於2010年推出的中檔品牌。全季酒店通過親切的服務打造品質體驗,讓更多人感受到東方 的自然得體,提升顧客旅途中的生活品質 ...

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