Hotel checkout time? Sector's salad days may soon be over soon

Article Abstract:

Trading in Hong Kong's hotel stocks is expected to diminish as capacity expansion by many hotels meets decreasing visitor growth. Traders caution investors against hotels whose revenue base is dependent on Hong Kong hotel locations. Hong Kong's hotel industry suffered a capacity shortage with the demolition of the Hilton, Lee Gardens Hotel and the Victoria Hotel, with capacity decreasing by 3% between 1993 to 1995. The capacity is expected to reach 45,644 rooms by the year 2000, a 38% capacity increase.

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Lush Asian resorts pamper the very rich with quiet service, simplicity, seclusion

Article Abstract:

A growing number of Asian resorts are trying to attract wealthy vacationers by offering privacy, seclusion and unobtrusive service. The acknowledged pioneer in this market is Hong Kong-based Amanresorts Ltd., which has acquired an almost mythical reputation for its beautiful and unpretentious resorts. Other companies are trying to follow the Amanresort formula by offering similar facilities at lower prices.

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It seems inviting, but Regal can't shed uncertainties

Article Abstract:

Regal Hotels International Holdings has discouraged investment despite having four hotels in Hong Kong and plans to build another one near the airport. Prices of Regal stock have declined to a range between 1.3-1.58 Hong Kong dollars, and has been attributed to senior management's refusal to provide information on the company's plans.

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