With a gross asset value of HK$84.8 billion (US$10.9 billion), the Great Eagle Group is one of Asia’s leading property companies; the Group also owns and manages an extensive international hotel portfolio branded under The “Langham” and its affiliate brands. Headquartered in Hong Kong, the Group develops, invests in and manages high quality residential, office, retail and hotel properties in Asia, North America, Australasia, and Europe.
The Group’s extensive international hotel portfolio currently comprises 30 properties with more than 11,000 rooms, including 20 hotels branded under the Langham Hotels & Resorts and Cordis brands in the gateway cities of Hong Kong, London, New York, Chicago, Boston, Los Angeles, Sydney, Melbourne, Auckland, Shanghai, Beijing, Shenzhen, Guangzhou, Ningbo, Haining, Haikou and Xiamen; the Chelsea hotel in Toronto; and two Eaton hotels in Washington D.C and Hong Kong. All these hotels except for Eaton, an independent Brand under the Group, are managed by Langham Hotels International (Langham Hospitality Group), which is a wholly-owned subsidiary of Great Eagle. The Langham Hospitality Group provides selected service to the Eaton hotels.
The Group was founded in 1963 with The Great Eagle Company, Limited as its holding company, shares of which were listed on the Hong Kong Stock Exchange in 1972. The Group underwent a re-organisation in 1990 and Great Eagle Holdings Limited, a Bermuda-registered company, became the listed company of the Group in place of The Great Eagle Company, Limited.
The Group had a core profit after tax of approximately HK$2,023 million in the financial year 2016 and a net asset value (based on share of net assets of Champion Real Estate Investment Trust and LHI) of HK$64.6 billion as of 31 December 2016.