The nation’s three major hotels are offering special room packages or gift sets for the upcoming lunar holidays in a bid to boost revenues.
Regent Taipei (台北晶華酒店), in a departure from its traditional dinner and dessert promotions, is offering its guests a special room package for Chinese Valentine’s Day on Aug. 17 for an “interactive, unique and culturally significant experience,” it said in a statement.
It is collaborating with rental dress company Nenen Classic (念念留影館) to create a “modern, yet timeless experience” for its guests, drawing inspiration from classic glamour and traditional clothing, such as the qipao, the most iconic representation of oriental beauty, the hotel said.
Guests can purchase the qipao package for NT$7,999 for two people, which includes exclusive qipao and magua clothing, complimentary tea, Chinese Curio Box VIP room amenities and buffet breakfast, it said.
Guests are to start out at Nenen Classic, where they would select their clothing and accessories, and spend about half an hour for a photoshoot, the hotel said.
They can then take a walk in the neighborhood in traditional clothing and arrive at the hotel for afternoon tea, it said.
Nenen Classic, which is about five minutes’ walk from the hotel, is a qipao and magua rental shop that offers a vintage photography setting suitable for themed parties.
It is popular with tourists from Japan, South Korea, Hong Kong and Macau.
BEER FESTIVAL
Hotel Royal Chiao Hsi (礁溪老爺酒店) in Yilan County is to host an outdoor beer festival next month to highlight its geographic closeness to the mountains and the sea to offer guests “a quick escape from the hustle and bustle of city life,” the resort said in a statement.
Ambassador Hotel (國賓大飯店) is offering vouchers priced at NT$3,200 each that allows guests to stay at one of its three outlets in Taipei, Hsinchu and Kaohsiung, it said.
The US dollar was trading at NT$29.7 at 10am today on the Taipei Foreign Exchange, as the New Taiwan dollar gained NT$1.364 from the previous close last week. The NT dollar continued to rise today, after surging 3.07 percent on Friday. After opening at NT$30.91, the NT dollar gained more than NT$1 in just 15 minutes, briefly passing the NT$30 mark. Before the US Department of the Treasury's semi-annual currency report came out, expectations that the NT dollar would keep rising were already building. The NT dollar on Friday closed at NT$31.064, up by NT$0.953 — a 3.07 percent single-day gain. Today,
‘SHORT TERM’: The local currency would likely remain strong in the near term, driven by anticipated US trade pressure, capital inflows and expectations of a US Fed rate cut The US dollar is expected to fall below NT$30 in the near term, as traders anticipate increased pressure from Washington for Taiwan to allow the New Taiwan dollar to appreciate, Cathay United Bank (國泰世華銀行) chief economist Lin Chi-chao (林啟超) said. Following a sharp drop in the greenback against the NT dollar on Friday, Lin told the Central News Agency that the local currency is likely to remain strong in the short term, driven in part by market psychology surrounding anticipated US policy pressure. On Friday, the US dollar fell NT$0.953, or 3.07 percent, closing at NT$31.064 — its lowest level since Jan.
Hong Kong authorities ramped up sales of the local dollar as the greenback’s slide threatened the foreign-exchange peg. The Hong Kong Monetary Authority (HKMA) sold a record HK$60.5 billion (US$7.8 billion) of the city’s currency, according to an alert sent on its Bloomberg page yesterday in Asia, after it tested the upper end of its trading band. That added to the HK$56.1 billion of sales versus the greenback since Friday. The rapid intervention signals efforts from the city’s authorities to limit the local currency’s moves within its HK$7.75 to HK$7.85 per US dollar trading band. Heavy sales of the local dollar by
The Financial Supervisory Commission (FSC) yesterday met with some of the nation’s largest insurance companies as a skyrocketing New Taiwan dollar piles pressure on their hundreds of billions of dollars in US bond investments. The commission has asked some life insurance firms, among the biggest Asian holders of US debt, to discuss how the rapidly strengthening NT dollar has impacted their operations, people familiar with the matter said. The meeting took place as the NT dollar jumped as much as 5 percent yesterday, its biggest intraday gain in more than three decades. The local currency surged as exporters rushed to