Why do you choose to invest in hotel properties when most international chains are moving to divest ownership and concentrate on management?
Other hotel groups have their strategies for their own business reasons. At HSH, however, we prefer a strategy of owning and managing in order to protect the value of the Peninsula brand, which has very high equity. We believe that taking a shareholding in hotel developments gives us a voice in overall direction and decision-making, as well as remaining in control of the brand.
