FDC International Hotels Corp (雲品國際) yesterday said that first-quarter revenue rose 14 percent thanks to a continuing business recovery from the COVID-19 pandemic and that it expects growth to be sustainable this quarter.
Revenue last quarter was NT$623 million (US$20.46 million), the second-highest in the company’s history for the period, despite the temporary closure of its flagship resort Fleur de Chine Hotel (雲品溫泉酒店) near Nantou County’s Sun Moon Lake (日月潭), the New Taipei City-based hospitality service provider said in a statement.
The closure from March 5 to 17 was due to renovations to add an executive lounge and upgrade its amusement, spa and fitness amenities, it said.
Photo courtesy of FDC International Hotels Corp
The renovations are to continue until late June, but they would have a minimal effect on normal operations, it said.
The 13-day closure led to the hotel’s sales falling by 15 percent year-on-year and 27 percent month-on-month, it said. That weakened the group’s consolidated revenue by 15 percent year-on-year.
FDC is positive about business this quarter, which should get a boost from the government’s distribution of tax rebates of NT$6,000 tax each to Taiwanese and eligible foreign residents.
Occupancy rates at the Palais de Chine Hotel (君品酒店) near Taipei Railway Station exceeded 80 percent ahead of the Tomb Sweeping Day holiday, the company said, adding that a carbon tax promotion campaign helped.
The conglomerate has invited guests to help reduce the nation’s carbon emissions by paying an extra NT$29 carbon tax, with its properties matching the donation.
In addition, FDC is to open a new banquet facility, Palazzo Colonna (圓觀), in Taichung on May 20 to boost its food and beverage sales, it said.
It has received reservations for more than 70 banquets between next month and December next year, it said.
Sunny Buffet at Illume Taipei (茹曦酒店) is to improve its revenue contribution when it launches an afternoon tea service next week, it said.
FDC is to hold its annual shareholders’ meeting on May 30 at its banquet facility Gala de Chine (頤品大飯店) in New Taipei City.
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