Langham Hospitality Investments Ltd.
0.43
HKD
+0.00
(-1.15%)
ISIN
HK0000150521
Return %
Stock
S&P 500
1Y
-11.34
14.20
3Y
-42.67
81.12
5Y
-51.14
68.34
Capital Structure
HKD
•
in mil. unless spec.Working Capital
HKD
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in mil. unless spec.Growth Rates
HKD
•
in mil. unless spec.Semi-annual Revenue
HKD
•
in mil. unless spec.Semi-annual Earnings Per Share
HKD
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in mil. unless spec.Semi-annual Dividends Per Share
HKD
•
in mil. unless spec.Company Description
- CEO
- Brett Stephen Butcher
- Full Time Employees
- 1,241
- Sector
- Finance
- Industry
- Real estate investment trusts
- Address
- Great Eagle Centre Hong Kong Hong Kong
- IPO Date
- May 30, 2013
- Website
- langhamhospitality.com
- Similar Companies
- Business
- Langham Hospitality Investments Limited (1270.HK) is a Cayman Islands-incorporated investment holding company and a member of the Great Eagle Group that owns and invests in a portfolio of high-end hotels in Hong Kong, with a focus on properties in the Kowloon Peninsula; it was established in 2013 and maintains its principal place of business in Wan Chai, Hong Kong. The company's core assets comprise three hotels—The Langham, Hong Kong (498 rooms, High Tariff A classification by Hong Kong Tourism Board, offering luxury European-style service near Tsim Sha Tsui shopping and cultural sites); Cordis, Hong Kong (667 rooms, High Tariff A, providing contemporary luxury inspired by Chinese art in Mongkok's retail and entertainment district); and Eaton HK (465 rooms, High Tariff B, featuring stylish millennial-targeted designs with rooftop pool, co-working spaces, Michelin-starred dining, and event facilities on Nathan Road)—all leased under master lease agreements to generate fixed base rent and variable rent based on 50% of aggregate gross operating profit before global marketing fees (reduced from 70% effective January 2024 following independent valuation); it also derives minor rental income from retail shops at Eaton HK and provides administrative, financing, and treasury management services. The hotels cater to business, leisure, and MICE travelers, primarily from mainland China, Southeast Asia, and long-haul markets, with total revenue of HK$1,588 million in 2024 driven by rooms (54%), food and beverage (43%), and other services. In recent developments, the company refinanced its bank loans in December 2024 with a sustainability-linked facility maturing December 2027, achieving oversubscription from reputable banks and potential interest rate reductions tied to emission targets; it issued deferred Share Stapled Units in October 2025 for partial payment of 2024 hotel management and licence fees; declared a final distribution of HK$1.6 cents per Share Stapled Unit for 2024 (paid June 2025, yield 3.4%); and reported a hotel portfolio valuation of HK$15,895 million as of December 2024 amid 90.9% occupancy but 4.4% lower average room rates due to competition. The Trust Group, constituted under Hong Kong law with LHIL Manager Limited as trustee-manager, operates as a subsidiary of LHIL Assets Holdings Limited and pursues active asset management, acquisition growth in Asia hospitality assets meeting total return and location criteria, and prudent capital management with a 38.2% gearing ratio.