Shangri-La Asia Ltd - Company Profile
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Shangri-La Asia Ltd (SLA) is an investment holding company. The company, together with its subsidiaries, is engaged in the ownership and operation of hotels and associated properties. SLA’s cash position, cost efficiency and business performance of hotel properties division are its major strengths, even as its solvency position is area for concern. Positive outlook for global travel and tourism industry, growth in lodging sector in Hong Kong and business expansion initiatives are likely to provide new growth avenues to the company. However, risks related to competitive brandjacking, unforeseen circumstances and risks related to online identity theft and hacking may impact the company’s performance.
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