Miramar Hotel and Investment
Encyclopedia
Miramar Hotel and Investment Company Limited is a hotel chain company in Hong Kong
Hong Kong
Hong Kong is one of two Special Administrative Regions of the People's Republic of China , the other being Macau. A city-state situated on China's south coast and enclosed by the Pearl River Delta and South China Sea, it is renowned for its expansive skyline and deep natural harbour...

. Its core businesses include property rental and development, hotel operation and management, travel services and food
Food
Food is any substance consumed to provide nutritional support for the body. It is usually of plant or animal origin, and contains essential nutrients, such as carbohydrates, fats, proteins, vitamins, or minerals...

 & beverage services. The group manages four hotels and two residences of serviced apartments in Hong Kong and Mainland China
Mainland China
Mainland China, the Chinese mainland or simply the mainland, is a geopolitical term that refers to the area under the jurisdiction of the People's Republic of China . According to the Taipei-based Mainland Affairs Council, the term excludes the PRC Special Administrative Regions of Hong Kong and...

 including The Mira Hong Kong
The Mira Hong Kong
The Mira Hotel is an upscale hotel located in Tsim Sha Tsui, Hong Kong.The hotel is owned by Miramar Hotel and Investment. It was designed by architect Edmond Wong, interiors were designed by "lifestyle guru" Colin Cowie.-History:...

.

History

The group was founded in 1957 by Mr. Young Chi Wan after taking over the Spanish
Spain
Spain , officially the Kingdom of Spain languages]] under the European Charter for Regional or Minority Languages. In each of these, Spain's official name is as follows:;;;;;;), is a country and member state of the European Union located in southwestern Europe on the Iberian Peninsula...

 Catholic Missions
Catholic missions
As the church normally organizes itself along territorial lines, and because they had the human and material resources, religious orders—some even specializing in it—undertook most missionary work, especially in the early phases...

-owned hotel property on Nathan Road, Kowloon
Kowloon
Kowloon is an urban area in Hong Kong comprising the Kowloon Peninsula and New Kowloon. It is bordered by the Lei Yue Mun strait in the east, Mei Foo Sun Chuen and Stonecutter's Island in the west, Tate's Cairn and Lion Rock in the north, and Victoria Harbour in the south. It had a population of...

. It was listed on the Hong Kong Stock Exchange
Hong Kong Stock Exchange
The Hong Kong Stock Exchange is a stock exchange located in Hong Kong. It is Asia's third largest stock exchange in terms of market capitalization behind the Tokyo Stock Exchange and the Shanghai Stock Exchange and fifth largest in the world...

 in 1970. It was also a member of Hang Seng Index Constituent Stocks (blue-chip stocks) from 1974 to 1996. In 1993, it was acquired by Henderson Investment
Henderson Investment
Henderson Investment Limited , the subsidiary company of Henderson Land Development, involves the development, investment and leasing of the properties in Hong Kong and Mainland China...

, a subsidiary
Subsidiary
A subsidiary company, subsidiary, or daughter company is a company that is completely or partly owned and wholly controlled by another company that owns more than half of the subsidiary's stock. The subsidiary can be a company, corporation, or limited liability company. In some cases it is a...

 of Henderson Land Development
Henderson Land Development
Henderson Land Development Co. Ltd. is a listed property company and a constituent of the Hang Seng Index. The company's principal activities are property development and investment, project management, construction, hotel operation, department store operation, finance, investment holding and...

.

External links

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