May 25, 2013 5:33 PM ET

Hotels, Restaurants and Leisure

Company Overview of Langham Hotels International Limited

Company Overview

Langham Hotels International Limited operates a chain of luxury hotels. The company was founded in 1865 and is based in Mongkok, Hong Kong. It has operations in Auckland, New Zealand; Boston, Massachusetts; Hong Kong, Hong Kong; London, the United Kingdom; Melbourne, Australia; Pasadena, California; Shanghai, Guangzhou, Beijing, and Dalian, China; Phuket, Thailand; and Pune, India. Langham Hotels International Limited operates as a subsidiary of Great Eagle Holdings, Ltd.

Level 59

Office Tower

Langham Place Hotel

8 Argyle Street

Mongkok,  

Hong Kong

Founded in 1865

Phone:

852 3552 3939

Fax:

852 3552 3900

www.langhamhotels.com

Key Executives for Langham Hotels International Limited

Chief Executive Officer
Age: 52
Executive Chairman
Age: 65
Head of Finance and Legal
Senior Vice President of Development - North America
Age: 69
Vice President of Human Resources
Compensation as of Fiscal Year 2012.

Langham Hotels International Limited Key Developments

Langham Hotels International Limited Reports Sales and Operating Results for the Six Months Ended June 30, 2012

Langham Hotels International Limited reported sales and operating results for the six months ended June 30, 2012. For the period, the company occupancy increased by 5.2% points in the first half of 2012 to 81.6% against 76.4% while average room rates increased 6.4% year-on-year to HKD 2,221 against HKD 2,088. Rooms available were 495 against 495 a year ago. For the period, the company's revenue rose 12% year-on-year. There were however signs of a slow-down in revenue growth from the second quarter onwards amidst increasing uncertainties in the world economies. Revenue from food and beverage rose 11% year-on-year in the first half, the growth was mainly driven by the improved banquet business, especially from wedding functions in the refurbished Ballroom.

Recent Private Companies Transactions

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