Mandarin Oriental International

Property

The Excelsior in Hong Kong to close at end March for US$650 mil redevelopment

SINGAPORE (Oct 9): The Excelsior, Hong Kong will close on March 31 2019 for redevelopment, says owner and operator Mandarin Oriental International.

Results

Mandarin Oriental's 1H earnings up 49% to $30.3 mil

SINGAPORE (July 26): Mandarin Oriental International, a member of the Jardine Matheson Group, announced 1H18 earnings rose by 49% to US$22.3 million ($30.3 million) from US$15.0 million in 1H17.

Results

Mandarin Oriental reports 1% fall in FY17 earnings to US$54.9 mil

SINGAPORE (Mar 8): Mandarin Oriental International, the hotel group which is a member of the Jardine group, reported a 1% drop in full year earnings to US$54.9 million ($72.3 million), or 4.37 cents per share, in FY17 from US$55.2 million, or 4.40 cents p

Mandarin Oriental's shares slump on The Excelsior sale setback

SINGAPORE (Sept 27): Shares in Mandarin Oriental International took a dive on Wednesday after the hotel group announced that none of the proposals received for the sale of its The Excelsior hotel property in Hong Kong fully met the group’s expectation

Property

Mandarin Oriental continues to review options for The Excelsior despite setback

SINGAPORE (Sept 27): Mandarin Oriental International is continuing its review of its long-term strategic options with the potential sale of its hotel property in Hong Kong, The Excelsior, and its possible redevelopment into a commercial building.

Right Timing

Right timing: Downwards drift continues

SINGAPORE (Sept 15): Here are some charts for our technical analysis.

Mandarin Oriental receives proposals for The Excelsior in Hong Kong

SINGAPORE (Sept 15): Mandarin Oriental International says it has received proposals from potential purchasers to acquire the group’s The Excelsior hotel in Hong Kong.

In print this week

What’s driving up the shares of these two hotel giants?

SINGAPORE (June 30): Mandarin Oriental International has seen its shares jump 38% over the past month after the company said on June 5 it was undertaking a strategic review of its hotel The Excelsior Hong Kong.

3 SGX-listed hotel, restaurant & leisure stocks worthy of the global stage

SINGAPORE (June 20): Over 30 stocks listed on the Singapore Exchange (SGX) make up part of the 1,200 stocks representing the hotel, restaurant and leisure industry, a key driver of the world’s consumer discretionary sector.

M&A

Mandarin Oriental mulls sale of The Excelsior, HK

SINGAPORE (June 5): Mandarin Oriental International, a member of the Jardine Matheson Group, announced it will be reviewing its long-term strategic option with The Excelsior, Hong Kong.
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