Joy City Property Semi-Annual Report: Average Room Revenue Doubles for Beijing Waldorf Astoria and Two Luxury Hotels in Sanya

Aug 10, 2023

After the closing on August 7th, Joy City Property (207.HK), a large commercial real estate developer and operator listed in Hong Kong, released its interim operational data for the first half of the year. In addition to disclosing investment properties (urban complexes under the D Joy City brand), the company also revealed the latest operational status of its five hotels.

MGM Grand Sanya: Average occupancy rate of 90%, average rentable room revenue of 1562 yuan
The St. Regis Sanya Yalong Bay Resort: Average occupancy rate of 70%, average rentable room revenue of 1661 yuan
Waldorf As …