Mandarin Oriental CEO: Hopeful to See Pick Up in Second Half

The transcript discusses the challenges and outlook for revenue performance in 2021, highlighting the impact of the pandemic on hotel operations and the gradual reopening of properties. It covers market performance, particularly in China and resort areas, and the role of government support in cost management. The company is exploring investments and partnerships to expand its luxury brand presence. The Middle East is a key expansion area, and vaccination programs are crucial for recovery. In Asia, the focus is on domestic visitors and staycations.

What is the expected outlook for revenue performance in the first half of 2021?

How many hotels have yet to reopen as of now?

What factors contributed to the strong performance in the resort properties?

What is the significance of government support for the hospitality industry during the pandemic?

What measures were taken to manage costs during the pandemic?

What are the expectations for the luxury market in the Middle East?

How is the Mandarin Oriental positioning itself for recovery in Asia?