Hong Kong airport lounge firm Plaza Premium sets sights on China’s high-speed rail stations amid uncertain recovery in air travel
Apr 22, 2021
South China Morning Post
Excerpt
Hong Kong-based airport lounge operator Plaza Premium Group has diversified to high-speed rail lounges with the launch of its first facility in Changsha in mainland China.
The Dragon Pass x Plaza Premium Lounge at the Changsha south high-speed railway station can accommodate as many as 290 guests at a time. The 700 square metre lounge can be accessed for a walk-in fee of 68 yuan (US$10.4) for a four-hour stay. Launched in January, the lounge has high-speed internet, a nursing room and a playroom for passengers with children.
“We have been in the airport lounge business for 22 years, and the revenues we have for the rail lounge now are less than 1 or 2 per cent of our entire revenue. But with the number of people in China, it can give us quite an interesting contribution to our group revenues,” said Song Hoi See, Plaza Premium’s founder and chief executive. The company was hammered by the coronavirus pandemic, which dragged its annual revenue down by 95 per cent last year. Before the pandemic, Plaza Premium served more than 20 million passengers in 49 international airports around the world annually.
More :
https://www.scmp.com/business/compan...-sights-chinas