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The Peninsula has been through Sars and the Asian financial crisis, but Covid-19 among the toughest challenges Hong Kong’s ‘grand old dame’ and its operator have seen yet

Known as the “grand old dame”, The Peninsula Hong Kong has withstood several tumultuous periods throughout its more than 90-year history. But the Covid-19 pandemic is the toughest challenge the iconic hotel and its operator have faced yet, a top executive said.The past two years have been tough for Hong Kong and Shanghai Hotels (HSH), which currently owns and operates 10 Peninsula hotels in Asia, the United States and Europe. The company reported losses of HK$1.94 billion (US$248 million) in…

Read the original article at South China Morning Post

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