Shangri-La Group Announces 2026 Interim Results

Ms Hui Kuok, Chairman and Group Chief Executive Officer of Shangri-La Group said, “We continued to make good progress in the first half, both operationally and strategically. We are strengthening our portfolio, building brand relevance and pursuing growth with financial discipline.”

During the period, the Group continued to advance its brand and portfolio strategy in line with its vision of becoming the best-loved hospitality group. In April 2026, Shangri-La Kunming opened, completing the second phase of the Group’s first dual-brand development following the opening of JEN Kunming by Shangri-La in April 2024.

The Group also continued to see encouraging market response to its newer properties and refreshed brand propositions, including The Silk Lakehouse, Shangri-La Hangzhou under Shangri-La Signatures, as well as Shangri-La Hongqiao Airport and Traders Hongqiao Airport, Shanghai. This positive reception from guests and prospective hotel management agreement partners has supported the Group’s asset-light growth strategy and contributed to new management opportunities.

In the first half of 2026, Shangri-La signed two new hotel management agreements under the refreshed Traders brand in China, further strengthening its presence in the domestic mass-market travel segment and supporting its medium-term growth ambitions.

The Group remained focused on financial discipline during the period. It began to see early benefits from operating efficiency initiatives implemented across the business and further improved its funding profile while reducing borrowing costs through successful Panda bond issuances in April and June 2026.

Ms Kuok added, “We remain focused on strengthening our brands, improving operating efficiency and maintaining prudent financial discipline. These priorities will continue to support the Group’s resilience and long-term growth.... .- Continue reading (Members Only) - Unlock Advantages with a LHN Membership - Read more here

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