Added to YB: 2025-09-12
Pitch date: 2025-09-10
MDO.L [bullish]
Mandarin Oriental International Limited
Author Info
No bio for this author
Company Info
Mandarin Oriental International Limited engages in the ownership and operation of hotels, resorts, and residences in Asia, Europe, the Middle East, Africa, and the Americas.
Market Cap
$2.4B
Pitch Price
N/A
Price Target
2.36 (+18%)
Dividend
2.50%
Sector
Hotels, Restaurants and Leisure
Category
value
Mandarin Oriental hotel, an asset light story!
MDO.L: Iconic hotel brand transitioning to asset-lite model under new CEO. H1 2025 revpar +11%, mgmt fees +14%. Strong pipeline of 30 hotels + 19 residences. One Causeway Bay development worth est $1.8-2.1B. Asset value $3.67B vs $2.5B market cap = 43% upside. Catalysts: OCB sale H2 2026/2027 or potential buyout by Jardine Matheson (88% owner).
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