Hongkong and Shanghai Hotels

The Hongkong and Shanghai Hotels, Limited (HSH) is a Hong Kong-based holding company of a hotel group. It is engaged in the ownership, development and management of The Peninsula Hotels; commercial and residential properties in Asia, the United States and Europe; and the provision of tourism and leisure, club management and other services. Michael Kadoorie owns 47% of the shares of HSH.[2][3]

History

The company was incorporated in 1866 as The Hongkong Hotel Company Limited, owner of the Hongkong Hotel (opened in 1868). The company was bought by the Kadoorie family in the 1890s, it merged with the Shanghai Hotel in 1922 and used the current name of Hongkong and Shanghai Hotels in the following year.

It was one of the first companies in Hong Kong to be listed on the Stock Exchange of Hong Kong. In 2007, the Hong Kong Heritage Project was set up to archive historical materials from HSH, CLP Holdings and the Kadoorie family. The publicly accessible archive provides audio, visual and documentary evidence of HSH's activities through the 19th and 20th centuries.

Ownership

The major shareholders in HSH are part of the Kadoorie family.[4] Members of this family have been chairmen since 1937, when Elly Kadoorie was first appointed to the post.

List of chairmen:

  • Elly Kadoorie (1937–1942)
  • Lawrence Kadoorie, Baron Kadoorie (1945–1950)
  • Horace Kadoorie (1950–1985)
  • Michael Kadoorie (1985–current)

Hotels

Current

Asia

North America

Europe

  • The Peninsula Hong Kong - 1928
  • The Peninsula Manila - 1976
  • The Peninsula Beijing - 1989
  • The Peninsula Bangkok - 1998
  • The Peninsula Tokyo - 2007
  • The Peninsula Shanghai - 2009
  • The Peninsula New York - 1988
  • The Peninsula Beverly Hills - 1991
  • The Peninsula Chicago - 2001
  • The Peninsula Paris - 2014
  • The Peninsula London - 2023
  • The Peninsula Istanbul - 2023

Former

Other properties

  • Peak Tower, Hong Kong[5]
  • Peak Tram, Hong Kong[5]
  • The Repulse Bay, Hong Kong[5]
  • St. John's Building, Hong Kong
  • Quail Lodge Golf Club, Carmel, California

References

  1. David Webb. HONGKONG AND SHANGHAI HOTELS, LIMITED (THE) 香港上海大酒店有限公司: Main Board webb-site.com, David Webb, 2019, retrieved 6 December 2019^
  2. Bloomberg Billionaires Index - Michael Kadoorie Bloomberg LP, retrieved 10 March 2018^
  3. Get to know our leaders clpgroup, retrieved 6 October 2013^
  4. Major Shareholders retrieved 2011-01-30^
  5. Corporate profile retrieved 2011-01-30^