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, property portfolio, and working capital surplus are the company’s key strengths, even as its increase in operating expenses remains a cause for concern. Growing accommodation and foodservice sectors in Hong Kong and strategic initiatives could provide growth opportunities for the company. However, changing customer preferences, cyber security risks, and risk of natural disasters and climate changes could affect the company’s operations.
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