Peninsula – 150 years Hongkong and Shanghai Hotels
Hong Kong – 25 November 2016
In 2016, the distinguished heritage of The Hongkong and Shanghai Hotels, Limited (HSH) reaches a new milestone by celebrating its 150th anniversary. Incorporated on 2 March 1866, HSH was one of the first companies to be listed on the Hong Kong Stock Exchange – and it remains the oldest registered company in Hong Kong.
A century and a half later, the HSH legacy comprises a diverse portfolio of assets worth HK$44.2 billion. These include ten Peninsula Hotels around the world, plus The Peak Tram, The Peak Tower and The Repulse Bay Complex in Hong Kong.
Throughout its storied history, the strategic mission of HSH has remained unchanged. As one of the oldest hospitality groups in the world, it continues to create, build and manage luxury hotels that become legends in their time.
Whilst evolving to meet the changing times at home and abroad, HSH has always upheld the value of its heritage. It continually strives to emulate the standards of service and style that earned it the accolade of “The Far East’s leading hotel company.”
The concept of “Tradition well served” remains fundamental. “Tradition is taking account of a wonderful history, but it is important not to forget that the future is built on the past,” says Sir Michael Kadoorie, Chairman of HSH. “Our rich history enables us to manage change responsibly, to safeguard the best of the past and to keep innovating to meet the demands of the next generation.”