Mandarin Oriental: Hong Kong Hotels Suffered Due to Demonstrations
November 05 2014 - 5:52AM
Dow Jones News
LONDON--Mandarin Oriental International Ltd. (M04.SG) said
Wednesday that trading momentum across majority of its hotel
portfolio remained positive, and added that occupancy level at the
company's Hong Kong hotels suffered due to ongoing demonstrations
in the city.
The hotel operator also said that ongoing political uncertainty
in Bangkok continued to affect its Asia results in the period from
July 1 to Nov. 4. The results in The Americas region were impacted
by lower demand in Washington D.C., the company said.
Write to Tapan Panchal at tapan.panchal@wsj.com
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