Hongkong & Shanghai Hotels Posts Mixed Q1 2026 Metrics Across Hotels and Leasing

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2026.05.13 04:07
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Hongkong & Shanghai Hotels reported mixed Q1 2026 metrics, with RevPAR and average room rates declining in Greater China and Asia ex-China, while Europe and the U.S. showed strong rates but lower occupancy. The leasing segment remained stable with high occupancy in residential and retail, though office rents and occupancy faced challenges. The company operates The Peninsula Hotels and manages various high-end leasing assets.