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Mandarin Oriental International Limited 2006 Preliminary Announcement Of Results
€¢
Mandarin Oriental, Hong Kong renovation completed€¢
14 hotels under development€¢
Gain from disposal of The Mark, New York"Overall market demand is expected to remain strong in 2007 with limited new hotel supply in most destinations. The Group's results will also gain significantly from the contribution of the newly renovated Hong Kong hotel. Over the longer term, the Group will benefit from the opening of the many hotels currently under development."
Simon Keswick,
Chairman6th March 2007
Full report can be viewed here: http://202.66.146.82/listco/sg/mandarin/annual/2006/respress.pdf