HONG KONG -- The operator of the upscale Peninsula Hotels chain said Wednesday that the company is once again losing money after a brief rebound from COVID-19, hit by sluggish markets at home and abroad.
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The Peninsula Hotel in Hong Kong. The luxury group has struggled to maintain earnings momentum. (Photo by Ken Kobayashi)
HONG KONG -- The operator of the upscale Peninsula Hotels chain said Wednesday that the company is once again losing money after a brief rebound from COVID-19, hit by sluggish markets at home and abroad.