Miramar Hotel & Investment Co Ltd - Company Profile
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Miramar Hotel & Investment Co Ltd (Miramar Group), a subsidiary of Henderson Land Development Co Ltd, is a hospitality company that operates in hotels and serviced apartments, property rentals, food and beverages, and travel service businesses. Property portfolio, business offerings, and working capital surplus are the company’s key strengths, even as its financial performance remains a cause for concern. Growth in the foodservice sector in Hong Kong, growth in the lodging sector in Hong Kong, and digital transformation and smart technological innovation could provide growth opportunities for the company. However, changing customer preferences, cybersecurity risks, and the risk of natural disasters and climate change could affect the company’s operations.
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