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FIH plans NT$11.38 cash dividend as income soars

Bringing Taiwan to the World and the World to Taiwan ....

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Spurs heat up the game with new 'Por Vida' hot sauce in collaboration with local brand Humble House

SAN ANTONIO -The Spurs are turning up the heat, collaborating with Humble House "Por Vida" hot sauce.“We are so honored to work with such an iconic brand lik ....

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Local hotel chains bullish on return of business travelers

Bringing Taiwan to the World and the World to Taiwan ....

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My Humble House posts NT$300m loss last quarter

Luxury hotel operator My Humble House Hospitality Management Consulting Co (寒舍餐旅) incurred losses of NT$300.12 million (US$10.01 million) last quarter, compared with a profit of NT$6.03 million three months earlier, or losses per share of NT$3.28.
The poor results came as Taiwan’s spiking COVID-19 cases and lingering border controls thwarted expectations of a business rebound, the Taipei-based company said on Friday.
Food and beverage sales dropped 41.63 percent, while guestroom operations tumbled 22.23 percent from the previous quarter, it said.
Daily COVID-19 case numbers soared in May, prompting Taiwanese to stay at home and avoid gatherings.
The self-imposed quarantine took a heavy toll on ....

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Hotels urge quick bailout - Taipei Times

A domestic COVID-19 outbreak is wreaking havoc on the hospitality industry this quarter, and hotels are pressing for a quick bailout rather than the midterm stimulus measures the government has proposed for September.
FDC International Hotels Corp (FDC, 雲品國際) chairman Emile Sheng (盛治仁) told shareholders last week that the group might post a 30 percent slump in revenue this quarter as people cancel room reservations and shun dinning out.
“About 50 percent of consumers are willing to live with the virus, but few sectors can emerge unscathed from business losses of up to 50 percent,” Sheng said, adding that FDC would post ....

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