Shangri-La Hotels & Resorts, a premier luxury hospitality group founded in 1971 by Robert Kuok, has a significant presence in Malaysia through its subsidiary, Shangri-La Hotels (Malaysia) Berhad. This subsidiary owns and operates a range of properties, including hotels, beach resorts, a golf course, investment properties, and a commercial laundry service.
Key Properties in Malaysia:
- Shangri-La Kuala Lumpur: Situated in the heart of Kuala Lumpur, this urban sanctuary offers guests proximity to iconic landmarks like the Petronas Twin Towers. The hotel features spacious rooms suitable for both leisure and business travelers, along with diverse dining options such as Cantonese cuisine at Shang Palace, international dishes at Lemon Garden, and Japanese delicacies at Zipangu. Guests can unwind at Arthur’s Bar and Grill, which serves signature cocktails and fine wines.
- Rasa Sayang Resort & Spa, Penang: This beach resort, located along the Batu Ferringhi beachfront, combines traditional Malaysian architecture with modern amenities. It offers luxurious accommodations, a spa, and various dining options, providing guests with a serene retreat.
- Golden Sands Resort, Penang: A family-friendly resort situated on Batu Ferringhi Beach, offering a range of recreational activities, dining options, and comfortable accommodations suitable for travelers of all ages.
- Shangri-La Rasa Ria, Kota Kinabalu: Nestled amidst a nature reserve, this resort provides guests with opportunities to explore Sabah’s natural beauty. It features a golf course, spa, and various dining venues, making it a comprehensive destination for relaxation and adventure.
Financial Overview:
Shangri-La Hotels (Malaysia) Berhad is publicly listed on Bursa Malaysia Securities Berhad under the stock code 5517. As of December 18, 2024, the company’s stock price was $0.45, with a market capitalization of $197 million and 440 million shares outstanding. The company reported revenues of $110.4 million and a net income of $3.5 million for the twelve months ending June 30, 2024.
Operational Segments:
The company’s operations are categorized into three segments:
- Hotels and Resorts: This segment encompasses the management of hotels, beach resorts, and a golf course, contributing significantly to the company’s revenue.
- Investment Properties: Involves rental income from offices, shop lots, apartments, and car parks, providing a steady income stream.
- Others: Includes ancillary services such as commercial laundry operations that support the hospitality segment.
Conclusion:
Shangri-La Hotels & Resorts in Malaysia exemplifies luxury and exceptional service, offering diverse accommodations and experiences across key destinations. Through strategic operations and a commitment to quality, the company continues to be a leader in Malaysia’s hospitality industry.
Service Associate – Bellperson
Assistant Manager – Learning & Development
Host professionals
Front Office Club Lounge Manager
Assistant Executive Housekeeper
Food & Beverage Admin Coordinator
Service Manager – Duty Manager
Service Manager – Human Resources
Restaurant Manager – Food & Beverage
