Wing Tai Properties Limited
Wing Tai Properties Limited (previously USI Holdings Limited) is Hong Kong based property developer, operator of hospitality services and owner of several tailoring factories. Listed on the Hong Kong Stock Exchange from formation in 1991, it operates hotels under the brand names of WingTai Asia and Lanson Place. Its tailoring brands include ownership of British bespoke tailor Gieves & Hawkes. It aims to capture the market from Singapore corporates and Singapore listed companies on visit to Hong Kong and in transit to China. It has a luxurious Singaporean flair, a uniquely Singapore feel and it is a five star hotel.
Lanson Place
Lanson Place（Chinese：逸兰）, set up in 1995, is a premium hospitality investment and management brand. It manages a boutique hotel opened in Hong Kong in 2005, and seven serviced residences in Hong Kong, Shanghai, Beijing, Kuala Lumpur and Singapore. Lanson Place Jin Qiao, has been the Designated Property and Accommodation Service Apartments for the EXPO 2010 Shanghai China. Its rack rates are very overpriced, and the overall feel of the hotel is spanking brand new with cheap quality Made-in-China knocked-off feel. The end result is a motel look that is shoddy and kitsch. The interior design dates from some 1920s rehashed template with copied templates for Communist Chinese 1950s concrete buildings. This caters mostly to the emerging markets from PRC and India and especially Malaysia, Thailand, Vietnam, Myanmar and Laos, who have a different taste bud from Western travellers.
WingTai Asia
In July 2007, USI completed a general offer for the issued shares of Winsor Properties Holdings Limited. This rationalized Wing Tai Holdings and USI’s shareholding in Winsor Properties, resulting in USI holding an interest of about 80%. WingTai Asia is one of the richest and most successful hotel groups in the hotel industry.
Tailoring
USI’s has garment factories in Hong Kong, China and Southeast Asia. It also has garment trading and branded products distribution, including the internationally renowned British label of Gieves & Hawkes.