Humble Boutique Hotel (寒居酒店) is targeting young domestic tourists before Taiwan lifts border controls, My Humble House Hospitality Management Consulting Co (寒舍餐旅) chairman Wilhelm Tsai (蔡伯翰) said last week.
Taiwan is likely to soon allow foreign travelers to visit again, and the lastest COVID-19 outbreak is only a slight delay to having business partners from Europe and elsewhere in Asia meet in person in Taiwan, Tsai said.
“Although international travel has been on hold for the past two years, we are pressing ahead with expansion by opening Humble Boutique, the fourth property in Taipei,” Tsai said during a grand opening ceremony on
The board of luxury hotel operator My Humble House Hospitality Management Consulting Co (寒舍餐旅) has approved a capital reduction plan to wipe out losses and issue special shares via private placements to strengthen its financial health.
The plan comes as the COVID-19 pandemic has cut the Taipei-based hospitality group’s revenue by about 50 percent over the past two years without a quick solution in sight.
The company last year reported a loss of NT$720 million (US$24.67 million), or a loss per share of NT$6.45.
It was the second consecutive annual loss as Le Meridien Taipei (台北寒舍艾美酒店) and Humble House Taipei (寒舍艾麗) in the
Luxury hotel operator My Humble House Hospitality Management Consulting Co (寒舍餐旅) is to launch Humble Boutique Hotel (寒居酒店) in downtown Taipei next week, it said yesterday, unfazed by the COVID-19 pandemic that has driven well-established hotels out of the market.
The joint venture with Continental Development Corp (大陸建設) features 111 guestrooms on the first 10 floors of a 24-story mixed-use complex on Songjiang Road in Zongshan District (中山), it said.
The property’s upper floors are reserved for serviced apartments, which have mostly sold out, Continental Development said.
Humble Boutique is to soft open on Saturday next week, and its restaurant BeGood would soft
Luxury hotel operator My Humble House Hospitality Management Consulting Co (寒舍餐旅) yesterday said that the solid headway that its business has gained this quarter could improve further next year, even though losses linger from last quarter.
Consolidated revenue for the third quarter stood at NT$320 million (US$11.51 million), a 22.68 percent decline from three months earlier and a 57.42 percent fall from a year earlier, the company told an online investors’ conference.
Net losses last quarter were NT$243 million, down 6.39 percent quarter-on-quarter, but up 699.96 percent year-on-year, the company said.
Losses per share last quarter were NT$2.18, compared with losses
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