Shangri-La Hotels and Resorts
Shangri-La Hotels and Resorts is a multinational hospitality company, founded in 1971 by tycoon Robert Kuok and bearing the name of Shangri-La, a Far Eastern mythical land of contentment depicted in the 1933 novel Lost Horizon. It is a subsidiary of Kerry Properties, the company has over 100 luxury hotels and resorts with over 40,000 rooms in Africa, Asia, Europe, the Middle East, North America and Oceania.
Shangri-La has 4 brands across different market segments: Shangri-La, Traders Hotels, Kerry Hotels, and Hotel Jen. The company's head office is in , Quarry Bay, Hong Kong. The current chairman is Kuok Hui-kwong.
History
The first hotel of the luxury Shangri-La Hotels and Resorts Group was the Shangri-La Hotel Singapore, opened on 23 April 1971. The name derives from the mythical place Shangri-La, described in the 1933 novel Lost Horizon by British author James Hilton.The Shangri-La Hotel Singapore was managed by Westin Hotels & Resorts, until Shangri-La International Hotel Management Limited was founded in 1979, and management of the Singapore Shangri-La was taken back over from Westin in 1984. However, it would not be until 1991 that Shangri-La assumed control of the rest of the hotels.
This hotel has also become the host to a prominent inter-governmental security conference known as the Shangri-La Dialogue.
Corporate affairs
Subsidiaries
- Shangri-La Asia Limited is incorporated in Bermuda with limited liability. It is primarily listed on the Stock Exchange of Hong Kong Limited with a secondary listing on the Singapore Exchange Securities Trading Limited and with American Depositary Receipt traded as SHALY. Since 1997, Shangri-La Asia Limited has owned Shangri-La International Hotel Management Limited.
- Shangri-La Hotels Berhad is incorporated in Malaysia with limited liability and is traded on the Bursa Malaysia Securities Berhad.
- Shangri-La Hotel Public Company Limited is incorporated in Thailand with limited liability and is traded on the Stock Exchange of Thailand.
Properties
| Brand | No. of properties |
| Shangri-La | 91 |
| Hotel Jen | 9 |
| Kerry Hotels | 3 |
| Traders | 2 |
| China World | 2 |
| Total | 107 |
Senior leadership
- Group Chairman: Kuok Hui-kwong
- Group CEO: Kuok Hui-kwong
Former chairmen
- Robert Kuok
- Pho Ba Quan
- Richard Liu
- Beau Kuok Khoon-chen
- Alex Ye
- Edward Kuok Khoon-loong
- Kuok Khoon-ean
- Beau Kuok Khoon-chen ; second term
Former chief executives
- Robert Kuok
- Pho Ba Quan
- Paul Bush
- Chye Kuok Khoon-ho
- Edward Kuok Khoon-loong
- Kuok Khoon-ean
- Beau Kuok Khoon-chen
- Lim Beng Chee