SHALY OTC

Shangri-La Asia Limited operates as a global investment holding company, specializing in the hospitality and real estate industries. Its primary activities encompass the worldwide development, acquisition, leasing, operation, and management of hotels and associated properties. The company structures its operations into four main divisions: Hotel Properties, Hotel Management and Related Services, Investment Properties, and Property Development for Sale. In addition to its hotel ventures, Shangri-La Asia Limited also develops, owns, and manages various commercial assets, including office buildings and serviced residences, and oversees the operation of restaurants and amusement parks. Its diversified interests further include property investment and wine distribution. Shangri-La's extensive hotel portfolio features a range of well-known brands such as Shangri-La Hotels and Resorts, Kerry Hotels, JEN by Shangri-La, Traders Hotel, Rasa, Summer Palace, and Shang Palace, alongside the wellness brand CHI, The Spa at Shangri-La. By the close of 2021 (December 31st), the company held equity interests in 80 active hotels and managed an additional 3 hotels under operating leases, bringing its total room count to 35,154. Established in 1971, Shangri-La Asia Limited is headquartered in Quarry Bay, Hong Kong.