Sonia Cheng is CEO of New World Hospitality, a hotel-management company with a global portfolio of properties that includes pentahotels, a 'neighbourhood lifestyle' brand that offers a cool, tech-savvy, creative environment for independent travellers.Saturday, 30 June, 2012, 12:00am
A glut in Shanghai's hospitality market seems to have done little to dampen the enthusiasm of international hoteliers.13 Oct 2011 - 12:00am
Japan's hotels are not expected to fully recover from the collapse in revenues that followed the March earthquake and tsunami until the first quarter of 2013, according to a report by agency Jones Lang LaSalle Hotels.
The agency says the revenue per available room (revPAR) of Tokyo's full-service hotels were down 38 per cent in March compared with the same month last year.18 May 2011 - 12:00am
Record-breaking room rates and yields at the Peninsula hotel in Kowloon helped drive up first-half profit before non-operating items of luxury-hotel owner Hongkong and Shanghai Hotels by 22 per cent to HK$484 million.13 Sep 2007 - 12:00am
Rising room rates for chain counter drop-off in occupancy
Shangri-La Asia, the largest luxury hotel chain in the region, reported a 33 per cent surge in first-half operating profit to US$160.17 million from US$120.45 million a year earlier as room-rate increases outpaced a slight decline in occupancy rates.5 Sep 2007 - 12:00am