Miramar Hotel & Investment Co. Ltd (Miramar) (HKG:0071) is a corporation that is involved in hotels, serviced apartments, retail malls, offices, operations of food and beverage (F&B) outlets, and provision of travel services in both Hong Kong and Mainland China. Listed on the Hong Kong Stock Exchange, Miramar is worth HK$ 10.29 billion in market capitalisation as at 22 August 2019. 

In this article, I’ll cover on its latest financial results and valuation figures. Thus, here are 13 things to know about Miramar before you invest: 

It derives income from two hotels: The Mira Hong Kong and Mira Moon located in Hong Kong and Miramar Apartment located in Shanghai. This division has increased its revenues from HK$ 429 million in 2010 to HK$ 710 million in 2018. It is due to strong occupancy rates obtained for the two hotels in Hong Kong