Hotel Operations
Shimao Property Holdings Ltd. currently operates six hotels, which has a total of 2,679 guest rooms. These hotels are the Le Royal Méridien Shanghai, Hyatt on the Bund Shanghai, Le Méridien Sheshan Shanghai, Hilton Nanjiang Riverside, Mudanjiang Holiday Inn, and Shaoxing Shimao Holiday Inn. The Group’s Le Royal Méridien Shanghai and Hyatt on the Bund Shanghai remained among the top hotels in Puxi in terms of revenue. The food and beverage revenue from Hyatt on the Bund Shanghai was the highest ranked among hotels in Puxi.
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