54
T H E W H A R F ( H O L D I N G S ) L I M I T E D A N N UA L R E P O R T 2010
Marco Polo Hotels has been awarded the
“Best International Hotel Management
Group of China” by China Hotel Starlight
Awards in March 2011
BUSINESS REVIEW
he Group owns or manages 10 Marco Polo hotels
in the Asia Pacific region. A pipeline of nine new
hotels will nearly double Marco Polo’s scale by 2015.
Additions in 2011 will include a State Guest House in
Changzhou, Jiangsu and a hotel owned by Shui On
Land named Foshan Lingnan Tiandi in Guangdong.
Cities where other new Marco Polo hotels will be
opened from 2012 onwards include Changsha,
Chengdu, Chongqing, Manila, Queensland, Suzhou
and Wuxi.
Vibrant business travel and strong inbound tourism
have supported the hospitality industry in the region.
Total revenue for the hotels and club grew by 20% to
HK$1,156 million in 2010.
All Marco Polo hotels performed strongly in their
respective locations during 2010. Consolidated
occupancy of the three Marco Polo hotels in Hong
Kong soared to 85%, with a 26% increase in average
room rates. Marco Polo Wuhan, the Group’s flagship
hotel on the Wuhan Bund overlooking the Yangtze
River, has achieved a dominant market position in the
local market.
In March 2011 Marco Polo Hotels was awarded “Best
International Hotel Management Group of China” by
China Hotel Starlight Awards, in recognition of its
commitment and quality of hotel services in China.
55
Country
City
Hotels
China
Hong Kong
Beijing
Jinjiang
Shenzhen
Wuhan
Xiamen
Marco Polo Hong Kong Hotel
Gateway, Hong Kong
Prince, Hong Kong
Marco Polo Parkside, Beijing
Marco Polo JinJiang
Marco Polo Shenzhen
Marco Polo Wuhan
Marco Polo Xiamen
Cebu
Davao
Marco Polo Plaza Cebu
Marco Polo Davao
Philippines
T H E W H A R F ( H O L D I N G S ) L I M I T E D A N N UA L R E P O R T 2010
Marco Polo Hotels’ Network (existing)