AN OVERVIEW ON THE SHANGRI-LA HOTELS AND RESORTS
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Shangri-La Hotels and Resorts is a Hong Kong-based multinational hospitality company. Founded by a Malaysian, Robert Kuok in 1971, the company has over 95 hotels and resorts with over 38,000 rooms in Asia, Europe, the Middle East, North America and Australia. Shangri-La has 5 brands across different market segments including Shangri-La Hotels, Shangri-La Resorts, Traders Hotels, Kerry Hotels and Hotel Jen. [1] The five-star luxury lodgings of the chain can be found across Asia, the Middle East, Canada, Oceania and Europe.
![AN OVERVIEW ON THE SHANGRI-LA HOTELS AND RESORTS
Varun Kesavan, Research Scholar, E – Mail Id –
varunkesavan@yahoo.com
INTRODUCTION
Shangri-La Hotels and Resorts is a Hong Kong-
based multinational hospitality company. Founded by a Malaysian, Robert
Kuok in 1971, the company has over 95 hotels and resorts with over 38,000
rooms in Asia, Europe, the Middle East, North America and Australia.
Shangri-La has 5 brands across different market segments including Shangri-
La Hotels, Shangri-La Resorts, Traders Hotels, Kerry Hotels and Hotel
Jen. [1] The five-star luxury lodgings of the chain can be found across Asia, the
Middle East, Canada, Oceania and Europe.
HISTORY
The first hotel of the luxury Shangri-La Hotels and Resorts Group was
the Shangri-La Hotel Singapore, opened in 1971.[3] The name derives from the
mythical place Shangri-La, described in the 1933 novel Lost Horizon by British
author James Hilton.[](https://image.slidesharecdn.com/anoverviewontheshangri-180530064752/85/AN-OVERVIEW-ON-THE-SHANGRI-LA-HOTELS-AND-RESORTS-1-320.jpg)
![COMPANIES
Shangri-La Asia Limited is incorporated in Bermuda with limited
liability.[5] It is primarily listed on the Stock Exchange of Hong Kong
Limited (stock code 00069) with a secondary listing on the Singapore
Exchange Securities Trading Limited (stock code Shang Asia 2kHK$) and
with American Depositary Receipt traded as SHALY.[6]
Shangri-La Hotels (Malaysia) Berhad is incorporated in Malaysia with
limited liability and is traded on the Bursa Malaysia Securities Berhad (stock
code 5517).[7]
Shangri-La Hotel Public Company Limited is incorporated
in Thailand with limited liability and is traded on the Stock Exchange of
Thailand (stock code SHANG).](data:image/gif;base64,R0lGODlhAQABAIAAAAAAAP///yH5BAEAAAAALAAAAAABAAEAAAIBRAA7)
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AN OVERVIEW ON THE SHANGRI-LA HOTELS AND RESORTS
- 1. AN OVERVIEW ON THE SHANGRI-LA HOTELS AND RESORTS Varun Kesavan, Research Scholar, E – Mail Id – varunkesavan@yahoo.com INTRODUCTION Shangri-La Hotels and Resorts is a Hong Kong- based multinational hospitality company. Founded by a Malaysian, Robert Kuok in 1971, the company has over 95 hotels and resorts with over 38,000 rooms in Asia, Europe, the Middle East, North America and Australia. Shangri-La has 5 brands across different market segments including Shangri- La Hotels, Shangri-La Resorts, Traders Hotels, Kerry Hotels and Hotel Jen. [1] The five-star luxury lodgings of the chain can be found across Asia, the Middle East, Canada, Oceania and Europe. HISTORY The first hotel of the luxury Shangri-La Hotels and Resorts Group was the Shangri-La Hotel Singapore, opened in 1971.[3] The name derives from the mythical place Shangri-La, described in the 1933 novel Lost Horizon by British author James Hilton.[
- 2. COMPANIES Shangri-La Asia Limited is incorporated in Bermuda with limited liability.[5] It is primarily listed on the Stock Exchange of Hong Kong Limited (stock code 00069) with a secondary listing on the Singapore Exchange Securities Trading Limited (stock code Shang Asia 2kHK$) and with American Depositary Receipt traded as SHALY.[6] Shangri-La Hotels (Malaysia) Berhad is incorporated in Malaysia with limited liability and is traded on the Bursa Malaysia Securities Berhad (stock code 5517).[7] Shangri-La Hotel Public Company Limited is incorporated in Thailand with limited liability and is traded on the Stock Exchange of Thailand (stock code SHANG).