Miramar Hotel & Investment Co Ltd - Company Profile
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Miramar Hotel & Investment Co Ltd (Miramar Group) is a hospitality company, which operates in hotels and serviced apartments, property rentals, food and beverages, and travel service businesses. Property portfolio, business performance of Travel Operation segment, increase in revenue, and working capital surplus are the company’s key strengths, even as its geographic concentration remains a cause for concern. Growing accommodation and foodservice sectors in China, and the lodging sector in Hong Kong could provide growth opportunities for the company. However, intense competition, changing customer preferences, and online identity theft and hacking could affect the company’s operations.
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