Regal Hotels International Holdings Ltd. provided earnings guidance for the year ended December 31, 2015. The board informed the shareholders of the company and potential investors that, based on the preliminary review by the company's management on the unaudited consolidated management accounts of the Group for the financial year ended 31st December, 2015, it is expected that the profit of the Group for the financial year ended 31st December, 2015 will be substantially lower than that reported for the preceding year. The lower profit expected to be achieved by the Group for the year under review is primarily attributable to the fact that the comparative profit attained in the preceding year included a number of non-recurring one-off gains.

Moreover, due to the decrease in the number of visitor arrivals to Hong Kong in 2015, the performance of the hotel industry in Hong Kong as a whole has been adversely affected. Hence, the operating results of the hotels of the Group in Hong Kong, being one of its core business operations, for the year have also been impacted, as compared to the levels achieved in 2014.