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Two major hotel operators post a drop in revenue

Formosa International Hotels Corp (FIH, 晶華國際酒店集團) and FDC International Hotels Corp (雲品國際), two major hotel operators based in Taipei, reported that their revenue slumped last month from a year earlier due to COVID-19-related capacity limits and social distancing requirements. FIH, which operates the Regent Taipei (晶華酒店), the Silks Place (晶英酒店), Just Sleep Hotel & Resort (捷絲旅) and several independent restaurants, posted a combined revenue of NT$357 million (US$12.73 million) for last month, down 28.55 percent from a year earlier, the group said last week. Capacity reduction requirements affected revenue recovery, even though the number of local COVID-19 infections has dwindled, it said. The

Taiwan shares end down, failing to sustain earlier gains

Taipei, Oct. 4 (CNA) Shares in Taiwan finished lower by more than 160 points Monday, as the stock market failed to maintain earlier gains resulting from a technical rebound on the U.S. markets at the end of last week, dealers said.

《TAIPEI TIMES》 Imperial Hotel to close by end October - 焦點

《TAIPEI TIMES》 Imperial Hotel to close by end October - 焦點
ltn.com.tw - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from ltn.com.tw Daily Mail and Mail on Sunday newspapers.

COVID-19: Imperial Hotel to close by end October

COVID-19: Imperial Hotel to close by end October
taipeitimes.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from taipeitimes.com Daily Mail and Mail on Sunday newspapers.

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