Regal Hotels International Holdings Limited provided earnings guidance for the year ended December 31, 2020. For the year, the company expects to incur a net loss in the region of HKD 880 million while a profit of HKD 454.6 million was recorded for the preceding year. The loss expected to be incurred for the year is primarily attributable to the fair value losses on investment properties and impairment losses on other assets, the depreciation charges in an aggregate amount of about HKD 483 million on the Group's hotel portfolio, which is essentially a non-cash item, and the finance costs incurred.