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The Hongkong and Shanghai Hotels, Limited (HSH) is a luxury hospitality and real estate group incorporated in 1866 and listed on the Hong Kong Stock Exchange (00045). It owns and operates some of the world’s finest hotel properties under The Peninsula brand. The company has ten operational Peninsula hotels in exceptional city centre locations in Asia, US and Europe, with a further three under development in London, Istanbul and Yangon. The company owns a total portfolio of HK$45 billion in assets (US$5.8 billion), comprising a small number of ultra-luxury hotels, strategic real estate assets and tourism assets, including The Peak Tram – one of Hong Kong’s most popular tourist attractions. HSH businesses are grouped under three divisions: hotels, commercial properties and clubs and services.