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Peninsula group to renovate Hong Kong flagship, Tokyo hotel in US$268m project

The owner of Hong Kong’s iconic Peninsula hotel plans to invest HK$2.1 billion (US$268 million) to renovate its flagship hotel in the city and its Tokyo property, betting on the long-term strength of the luxury travel market despite geopolitical uncertainty and volatile consumer demand. Hongkong and Shanghai Hotels (HSH), which owns and operates The Peninsula hotel chain, announced the renovation…

Peninsula group to renovate Hong Kong flagship, Tokyo hotel in US$268m project

We haven't written up this one. SCMP Business has the full story — the link below goes straight to it.

Also reported by 1 other outlet

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