The Company entered into a conditional agreement with Yoma Strategic Holdings in January 2014 to acquire a 70% majority interest for a proposed hotel development on the site of the former headquarters of the Myanmar Railway Company in central Yangon, Myanmar. The heritage property will be restored to become The Peninsula Yangon and will be adjacent to a mixed-use development called Yoma Central, previously known as the Landmark Development. We will also receive fees on the sale of The Peninsula Residences Yangon, luxury residential apartments within the Yoma Central development, and will manage the residences post sale. 

The Peninsula Yangon will have 88 guestrooms, surrounded by garden terraces and tropical landscaped gardens with an outdoor swimming pool. 

The Group’s overall investment is expected to be around US$126 million, including the value of the leasehold interest and estimated development costs. The groundbreaking ceremony was held on 16 February 2017. We look forward to continue to work with our partners to complete this project by 2021.

A restoration to its former glory

THE PENINSULA YANGON

THE PENINSULA YANGON
A New Luxury experience in Yangon

Hong Kong heritage project

The Hong Kong Heritage Project was set up to archive historical materials from HSH, CLP Holdings and the Kadoorie Family.

WINNING AWARDS AROUND THE WORLD

2017 ARC Awards
The Hongkong and Shanghai Hotels Annual Report 2016 - ARC Awards – Traditional Annual Report: Hotel...
07 Sep 2017
2017 HKMA Best Annual Reports Awards – General – Silver
The Hongkong and Shanghai Hotels Annual Report 2016 2017 HKMA Best Annual Reports Awards – General...
07 Sep 2017
2017 LinkedIn Transformation Award – Bronze
The Hongkong and Shanghai Hotels 2017 LinkedIn Transformation Award – Bronze
07 Sep 2017

More projects

The Peninsula
London
  • Year acquired
    2013
  • Gross floor area
    246,192
  • Ownership
    100%
The Peninsula
Istanbul
  • Year acquired
    2015
  • Ownership
    50%