Mandarin Oriental Hotel Group
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| Mandarin Oriental Hotel Group | |
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| Type | Public (SGX: M04 LSE: MDO) |
| Founded | 1963 |
| Headquarters | 33-35 Reid Street, Hamilton, Bermuda |
| Key people | Simon Keswick, Chairman; Edouard Ettedgui, Chief Executive; Wolfgang Hültner, CEO USA |
| Industry | Hotel |
| Revenue | US$404m (2006) |
| Operating income | US$122m (2006) |
| Net income | US$80m (2006) |
| Parent | Jardine Matheson |
| Website | Mandarin Oriental |
The Mandarin Oriental Hotel Group (MOHG) is a hotel management company which is part of Jardine Matheson Holdings Limited and is formally known as Mandarin Oriental International Limited.
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[edit] History
The first hotel of the Group, The Mandarin, opened in Hong Kong in September, 1963. The group began its expansion in Asia in 1974 as the "Mandarin International Hotels Limited" and acquired a 49% interest in "The Oriental" Hotel in Bangkok. The trademark 11-bladed gold fan logo was created in 1987. Mandarin Oriental bought The Mark Hotel which is a renowned hotel in the Upper East side of New York, but later sold it because they used it to establish their name before the Mandarin Oriental New York opened in the Time Warner Center.
In 1984, The Metropolitan Hotel Vancouver originally opened as the Mandarin Oriental Hotel Group's only North American property; however, years later in 1987 the property was sold to Delta Hotels and re-branded.[1] The original opening property had the most expensive per room construction investment in North America.[1]
The company was listed on the Hong Kong Stock Exchange in 1987 under the name "Mandarin Oriental International Limited". On 20 February 1991, it was listed on the Singapore Exchange. Mandarin Oriental delisted its shares in Hong Kong in January 1995 along with its parent Jardine Matheson Holdings Ltd. and all but one of Jardine's other publicly traded units. Hong Kong based company "MTJC Holdings" owns a large percentage of the publicly traded shares.
[edit] Locations
The group operates 21 hotels around the world, with an additional 17 under various stages of development. Currently Mandarin Oriental owns, operates and manages hotels in Bangkok, Bermuda, Chiang Mai, Geneva, Hong Kong (3), Jakarta, Kuala Lumpur, London, Macau, Manila, Miami, Munich, New York, Prague, Riviera Maya, San Francisco, Singapore, Tokyo and Washington, D.C.
Hotels currently under development are located in Barcelona, Beijing, Boston, Chicago, Costa Rica, Dallas, Dellis Cay, Grand Cayman, Guangzhou, Las Vegas, Macau, Marrakech, Marbella, Milan, Paris, Sanya, St. Kitts and Taipei.
The Hong Kong Mandarin Oriental and Bangkok (The Oriental) locations are currently the most renowned Mandarin Oriental Hotel Group properties.
[edit] Mandarin Oriental Hong Kong
The Mandarin Oriental in Hong Kong is the first and flagship hotel of the group. It opened in 1963, as a 5-star hotel located in Central, Hong Kong Island; Hong Kong's financial and banking district. This hotel was closed during 2006 for a major overhaul, but has reopened.
[edit] The Landmark Mandarin Oriental Hotel
The Landmark Mandarin Oriental Hotel in Hong Kong, a boutique hotel established in 2005, is the third hotel in Hong Kong opened by the Mandarin Oriental Group. It was established in the newly renovated Landmark building in Hong Kong, site of the Hong Kong Hotel in the 1970s. It's "older sister" and first hotel of the group is located one street away.
[edit] The Oriental Bangkok
The Oriental Bangkok hotel in Bangkok, also one of Mandarin Oriental's flagship properties; in service since 1876 and has been a favorite for the elite since the day it opened, including Joseph Conrad, author of the novel Lord Jim.
[edit] The Mandarin Oriental, Hyde Park
The Mandarin Oriental, Hyde Park in London (Hyde Park) is located in Knightsbridge, opposite Harvey Nichols department store. Its restaurant Foliage is regarded as one of the best in London and is often frequented by film stars and models as well as other celebrities, when they find themselves in London.[citation needed] It has been frequented in the past by the singer Madonna and was also used to host the 80th birthday party of Baroness Thatcher in late 2005.
[edit] Mandarin Oriental, Boston
The Mandarin Oriental Hotel in Boston will open in late 2008 after numerous years of decision making and design work. In early 2008, prior to opening, a fire seriously damaged areas of a fitness center and several guest rooms.[1] It is intended as a luxury class complex. Condominiums in the upper levels of the hotel have been sold for between $2 million and $15 million. One of Boston's most upscale restaurants, L'Espalier, is relocating to the hotel.
[edit] Mandarin Oriental, Dallas
As part of Victory Park, Mandarin Oriental, Dallas will be ideally located in one of the country's most innovative master-planned urban districts, with myriad attractions, including shopping, sports, fine dining and entertainment for both leisure and business travellers. The property is a short walk from the USD 420 million American Airlines Center, a prominent component of Victory Park and the region’s premier sports and entertainment complex. After completion, Victory Park will feature over 4,000 high-end residences, four million square feet of office and retail space and recreational facilities.
[edit] Mandarin Oriental, Washington DC
Mandarin Oriental, Washington DC, is located in the SW quadrant. Many of the 400 guest rooms feature sweeping views of the Potomac River, Tidal Basin, Jefferson Memorial, or Washington Monument. It originally opened in early 2004. The hotel is a favorite of leisure and business travelers seeking proximity to memorials, monuments and museums, as well as celebrities and dignitaries seeking privacy as well as attentive and discrete service.
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