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Shangri-La Hotels and Resorts

From Wikipedia, the free encyclopedia
(Redirected fromTraders Hotel)
Hotel chain

Shangri-La Hotels and Resorts
Company typePublic
IndustryHospitality
Founded23 April 1971; 54 years ago (1971-04-23) inSingapore
FounderRobert Kuok
Headquarters
Number of locations
101(as of 2019)
Area served
Worldwide, exceptLatin America andCaribbean
Key people
  • Kuok Hui-kwong
    (Chairman & Executive Director)
  • Lim Beng Chee
    (Executive Director & Group CEO)
ProductsHotels,resorts
RevenueIncreaseUS$2.19 billion(2024)[1]
DecreaseUS$234.9 million(2024)[1]
DecreaseUS$182.9 million(2024)[1]
Total assetsIncreaseUS$13.50 billion(2024)[1]
Total equityDecreaseUS$5.44 billion(2024)[1]
OwnerKerry Properties
Websitewww.shangri-la.com
Shangri-La International Hotel Management Limited
Traditional Chinese香格里拉國際飯店管理有限公司
Simplified Chinese香格里拉国际饭店管理有限公司
Transcriptions
Standard Mandarin
Hanyu PinyinXiānggélǐlā Guójì Fàndiàn Guǎnlǐ Yǒuxiàngōngsī
Yue: Cantonese
Jyutpinghoeng1 gaak3 lei5 laai1 gwok3 zai3 faan6 dim3 gun2 lei5 jau5 haan6 gung1 si1
Shangri-La Hotels and Resorts
Chinese香格里拉酒店
Transcriptions
Standard Mandarin
Hanyu PinyinXiānggélǐlā Jiǔdiàn
Yue: Cantonese
Jyutpinghoeng1 gaak3 lei5 laai1 zau2 dim3

Shangri-La Hotels and Resorts (Chinese:香格里拉酒店) is amultinationalhospitality company, founded in 1971 by tycoonRobert Kuok and bearing the name ofShangri-La, a Far Eastern mythical land of contentment depicted in the 1933 novelLost Horizon. It is a subsidiary ofKerry Properties, the company has over 100luxury hotels andresorts with over 40,000 rooms inAfrica,Asia,Europe, theMiddle East,North America andOceania.

Shangri-La has 4 brands across different market segments: Shangri-La, Traders Hotels, Kerry Hotels, and Hotel Jen.[2] The company's head office is inKerry Centre [zh] (嘉里中心),Quarry Bay, Hong Kong.[3] The current chairman is Kuok Hui-kwong.

History

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The first hotel of the luxury Shangri-La Hotels and Resorts Group was theShangri-La Hotel Singapore, opened on 23 April 1971.[4] The name derives from the mythical placeShangri-La, described in the 1933 novelLost Horizon by British authorJames Hilton.[5]

The Shangri-La Hotel Singapore was managed byWestin Hotels & Resorts, until Shangri-La International Hotel Management Limited was founded in 1979, and management of the Singapore Shangri-La was taken back over from Westin in 1984. However, it would not be until 1991 that Shangri-La assumed control of the rest of the hotels.[6]

This hotel has also become the host to a prominentinter-governmental securityconference known as theShangri-La Dialogue.[7]

Corporate affairs

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Shangri-La Hotel, Tokyo
Shangri-La Toronto

Subsidiaries

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Properties

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As of March 2022, Shangri-La owns, operates, or manages 100 hotels in 77 destinations:[citation needed]

BrandNo. of properties
Shangri-La91
Hotel Jen9
Kerry Hotels3
Traders2
China World2
Total107

Senior leadership

[edit]
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  • Group Chairman: Kuok Hui-kwong (since January 2017)[12]
  • Group CEO: Kuok Hui-kwong (since August 2025)[12]

Former chairmen

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  1. Robert Kuok (1984–1993)
  2. Pho Ba Quan (1993–1994)
  3. Richard Liu (1994–1997)
  4. Beau Kuok Khoon-chen (1997–2000)
  5. Alex Ye (2000–2003)
  6. Edward Kuok Khoon-loong (2003–2008)
  7. Kuok Khoon-ean (2008–2013)
  8. Beau Kuok Khoon-chen (2013–2017); second term

Former chief executives

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  1. Robert Kuok (1984–1993)
  2. Pho Ba Quan (1993–1994)
  3. Paul Bush (1994–1997)
  4. Chye Kuok Khoon-ho (1997–2002)
  5. Edward Kuok Khoon-loong (2008–2009)
  6. Kuok Khoon-ean (2009–2013)
  7. Beau Kuok Khoon-chen (2013–2017)
  8. Lim Beng Chee (2017–2022)

See also

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References

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  1. ^abcde"Annual report 2024"(PDF).Shangri-La Hotels and Resorts. Shangri-La Group.Archived(PDF) from the original on 12 May 2025. Retrieved12 May 2025.
  2. ^"Hospitality Net - Shangri-La launches new brand: Hotel Jen - Rebrands existing Traders-branded hotels".Hospitality Net.Archived from the original on 19 October 2022. Retrieved10 February 2016.
  3. ^"Luxury Hotels and Resorts | Official Site Shangri-La Hotels and Resorts".Archived from the original on 28 November 2020. Retrieved4 July 2018.[...]with an address of 28/F Kerry Centre, 683 King's Road, Quarry Bay, Hong Kong. -Address in Simplified ChineseArchived 10 May 2023 at theWayback Machine: "香港鰂鱼涌英皇道683号嘉里中心28楼"
  4. ^"Information About Shangri-La Hotel Singapore".Shangri-La. 7 October 2021.Archived from the original on 22 August 2015. Retrieved7 October 2021.
  5. ^"Shangri-La - Oman's romantic paradise".Times of Oman.Archived from the original on 22 July 2023. Retrieved10 May 2016.
  6. ^"Shangri-La Group History".Archived from the original on 10 February 2022. Retrieved3 March 2022.
  7. ^"IISS Shangri-La Dialogue".IISS.Archived from the original on 13 June 2022. Retrieved13 June 2022.
  8. ^"Shangri-La Asia Limited".Yahoo! Finance.Archived from the original on 13 May 2016. Retrieved10 May 2016.
  9. ^"69:Hong Kong Stock Quote - Shangri-La Asia Ltd".Bloomberg.com.Archived from the original on 8 June 2021. Retrieved10 May 2016.
  10. ^"Shangri-La Hotels (Malaysia) Bhd".Reuters. Retrieved10 May 2016.
  11. ^"Shangri-La Hotel Public Company Limited: BKK:SHANG quotes & news - Google Finance".www.google.com.Archived from the original on 22 July 2023. Retrieved10 May 2016.
  12. ^ab"Shangri-La Asia appoints Kuok Hui Kwong, daughter of Malaysian tycoon Robert Kuok, as CEO".CNA. 17 July 2025.

External links

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Media related toShangri-La Hotels and Resorts at Wikimedia Commons

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