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Mandarin Oriental International Limited - Mandarin Oriental Hotel ...

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STRENGTHEN OUR COMPETITIVE POSITION<br />

Asia<br />

The Excelsior, Hong Kong<br />

(100% ownership)<br />

� Strong corporate demand in first<br />

half<br />

� Average rate increased to US$170<br />

(US$151 in 2006)<br />

� RevPAR increased by 8% over<br />

2006 with lower occupancy at 85%<br />

(89% in 2006)

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