Mandarin Oriental International Limited have announced that the comprehensive renovation planned for Mandarin Oriental…
Mandarin Oriental International Limited have announced that the comprehensive renovation planned for Mandarin Oriental, Hong Kong is to be completed within a single-phase eight-month period commencing at the end of 2005. The renovation programme, has been enhanced to ensure a significant re-positioning of the Group`s flagship property.
The extensive renovation will upgrade the facilities and services of this legendary hotel, while maintaining its classic, Chinese-influenced elegance. The exterior of the building will also be upgraded in keeping with the contemporary facades of the hotel`s commercial neighbours at the heart of Hong Kong`s business district.
The hotel will close on 28th December 2005 and will re-open in late August 2006, with the renovation of the public areas.
During the closure period, employees will be offered opportunities for training and personal development. Some will transfer to other hotels within the Group while others will be seconded to work at sister companies within the Jardine Matheson Group in Hong Kong.
The hotel closure will inevitably dampen the Group`s results in 2006, although the loss of profit is expected to be offset in part by the increasing contribution from the Group`s new properties. The renovation programme will be financed by existing Group facilities.
Throughout its 40-year history, Mandarin Oriental, Hong Kong has been an icon of this vibrant city and one of the Group`s best performing hotels. This refurbishment is designed to ensure its position as one of the world`s legendary hotels. said Edouard Ettedgui, Group Chief Executive of Mandarin Oriental Hotel Group.
