Landis Taipei Hotel (台北亞都麗緻飯店), the flagship property of Landis Hospitality Group (麗緻餐旅集團), has completed a renovation of its guestrooms, allowing the facility to take advantage of upcoming trade shows and boost revenue in the second half of the year.
The 39-year-old hotel in Taipei’s Zhongshan District (中山) spent NT$250 million (US$8.4 million) redecorating its guestrooms in two phases, and the renovation came to an end last week.
Occupancy rates could rise from 67.06 percent last year to 75 percent this year now that all its 209 guestrooms are available, general manager Newman Yen (顏鎮國) said.
The five-star property is looking at business growth of 10 percent, he said.
Computex Taipei, the major computer and technology trade fair, is to take place from June 5 to June 9 this year and would bring exhibitors and buyers from around the world to showcase and peruse the latest gadgets.
Although the event has lost some of its prestige to the International Consumer Electronics Show in Shanghai, which is being held less than a week later, it still helps book a large number of guestrooms at hotels in Taipei.
All the guestrooms at the Landis Taipei now feature an art deco design, and to woo technology-savvy guests, the group has introduced iPads in all of its rooms in Taipei and Taichung.
The upgrade cost the group NT$15 million and could save the two hotels money on directories and promotional pamphlets, paving the way to paperless operation, group managing director Michelle Hsu (徐儷萍) said.
The iPads and renovation might help lift the daily room rate by between 6 and 10 percent to NT$4,850, Yen said.
The Taipei hotel’s Chinese restaurant, Tien Hsiang Lo (天香樓), has also seen an increase in sales after winning one-star recognition from the Michelin Guide in March, Yen said.
DIVIDED VIEWS: Although the Fed agreed on holding rates steady, some officials see no rate cuts for this year, while 10 policymakers foresee two or more cuts There are a lot of unknowns about the outlook for the economy and interest rates, but US Federal Reserve Chair Jerome Powell signaled at least one thing seems certain: Higher prices are coming. Fed policymakers voted unanimously to hold interest rates steady at a range of 4.25 percent to 4.50 percent for a fourth straight meeting on Wednesday, as they await clarity on whether tariffs would leave a one-time or more lasting mark on inflation. Powell said it is still unclear how much of the bill would fall on the shoulders of consumers, but he expects to learn more about tariffs
NOT JUSTIFIED: The bank’s governor said there would only be a rate cut if inflation falls below 1.5% and economic conditions deteriorate, which have not been detected The central bank yesterday kept its key interest rates unchanged for a fifth consecutive quarter, aligning with market expectations, while slightly lowering its inflation outlook amid signs of cooling price pressures. The move came after the US Federal Reserve held rates steady overnight, despite pressure from US President Donald Trump to cut borrowing costs. Central bank board members unanimously voted to maintain the discount rate at 2 percent, the secured loan rate at 2.375 percent and the overnight lending rate at 4.25 percent. “We consider the policy decision appropriate, although it suggests tightening leaning after factoring in slackening inflation and stable GDP growth,”
Meta Platforms Inc offered US$100 million bonuses to OpenAI employees in an unsuccessful bid to poach the ChatGPT maker’s talent and strengthen its own generative artificial intelligence (AI) teams, OpenAI CEO Sam Altman has said. Facebook’s parent company — a competitor of OpenAI — also offered “giant” annual salaries exceeding US$100 million to OpenAI staffers, Altman said in an interview on the Uncapped with Jack Altman podcast released on Tuesday. “It is crazy,” Sam Altman told his brother Jack in the interview. “I’m really happy that at least so far none of our best people have decided to take them
PLANS: MSI is also planning to upgrade its service center in the Netherlands Micro-Star International Co (MSI, 微星) yesterday said it plans to set up a server assembly line at its Poland service center this year at the earliest. The computer and peripherals manufacturer expects that the new server assembly line would shorten transportation times in shipments to European countries, a company spokesperson told the Taipei Times by telephone. MSI manufactures motherboards, graphics cards, notebook computers, servers, optical storage devices and communication devices. The company operates plants in Taiwan and China, and runs a global network of service centers. The company is also considering upgrading its service center in the Netherlands into a
RSS