EAST Beijing at HKRI Taikoo Hui, Shanghai. Revenue per available room EAST Beijing is a 369-room lifestyle hotel at INDIGO in and occupancy declined in 2022 due to COVID-19 Beijing, in which the Company has a 50% interest. associated restrictions. The food and beverages businesses Occupancy and revenue per available room were severely were also adversely affected. The hotel received awards affected by COVID-19 associated restrictions. The hotel from Condé Nast Traveler and TripAdvisor. Sui Tang Li was recognised as The Most Popular Hotel of the Year by restaurant was designated One-Diamond in the 2022 Black CAAC Inflight Magazine. Pearl Restaurant Guide. Mi Xun Spa was named The Most Effective Treatment of the Year award in the SpaChina The Temple House Wellness & Spa Awards 2022, and China’s Best Wellness The Temple House (in which the Company has a 65% Retreat of 2022 in the World Spa Awards. interest after the completion of the acquisition of additional 15% interest in December 2022) has 100 hotel EAST Miami rooms and 42 serviced apartments at Sino-Ocean Taikoo Li EAST Miami at the Brickell City Centre development in Chengdu. Revenue per available room and occupancy Miami has 263 hotel rooms and 89 serviced apartments. declined due to COVID-19 associated restrictions. The hotel The hotel was sold to a third party in October 2021. It received award from Condé Nast Traveler as the number continues to be managed by Swire Hotels. Its revenue per eleven of the Best Hotels in China and China Top 10 Hotels available room grew strongly in 2022. The hotel was in the Gold List. The Mi Xun Spa was named Best Spiritual included in the Condé Nast Traveler Gold List. Spa Treatment of the Year in SpaChina Wellness and Spa Awards 2022, and China’s Best Wellness Retreat 2022 in the Restaurants World Spa Awards 2022. The Mi Xun Tea House was Swire Hotels operates restaurants in Hong Kong through its awarded with 1-star in the MICHELIN Guide Chengdu 2022. hotels. It also operates a standalone restaurant. The Upper House operates The Continental, a European restaurant, at The Middle House Pacific Place. EAST Hong Kong operates Mr & Mrs Fox, a The Middle House (in which the Company has 50% restaurant with an international menu, and PUBLIC café at interest) has 111 hotel rooms and 102 serviced apartments Taikoo Place. Hotel Portfolio (managed by Swire Hotels) No. of Rooms Attributable (100% Basis) Interest Completed Hong Kong – The Upper House 117 100% – EAST Hong Kong 331 100% (1) – Headland Hotel 501 0% Chinese Mainland – The Opposite House 99 100% – EAST Beijing 369 50% (2) – The Temple House 142 65% (3) – The Middle House 213 50% U.S.A. (4) – EAST Miami 352 0% Total 2,124 (1) Headland Hotel is owned by Airline Property Limited, a wholly-owned subsidiary of Cathay Pacific Airways Limited. (2) Comprising one hotel tower and one serviced apartment tower. In December 2022, the Group acquired an additional 15% interest in Sino-Ocean Taikoo Li Chengdu. The Group’s interest in The Temple House increased from 50% to 65% after the transaction. (3) Comprising one hotel tower and one serviced apartment tower. (4) EAST Miami (including serviced apartments in the hotel tower) is owned by a third party. 61 SWIRE PROPERTIES ANNUAL REPORT 2022