According to a report published by Citi, Shangri-La's stock price has risen 9% so far this year, but it has been lagging significantly behind the China-Hong Kong real estate industry in the past 3 months. It believes that the stock should catch up, especially when it will launch the Jing'an Kerry Centre in the next few months. Based on the slight improvement in revenue per room (RevPAR) trend in China and Hong Kong, and the relative flexibility of investment property rents, the bank raised the company's earnings forecast to US$134 million last year. The target price increased 3% from $18.85 to $19.5, with a rating of “buy”.

According to the report, Shangri-La's first hotel in the UK is nearing completion. Although the initial opening of the property may have been a drag on the company's profits, it can broaden the company's customer base outside of Asia. Also, its Manila (Manila) project in the Philippines will open next year, but the company's existing Makati (Makati) project may face competition from the new Fairmont Makati hotel that opened last month.