US hotel operator Hilton Worldwide Holdings Inc is to launch a new property in downtown Taipei under the brand DoubleTree by Hilton Taipei Zhongshan, a joint venture with local developer Jiu Yu Property Group (九昱建設).
The hotel is intended to open in late December in Zhongshan District (中山), where competition is already sharp among Regent Taipei (台北晶華), Hotel Royal-Nikko Taipei (台北老爺), the Okura Prestige Taipei (大倉久和) and Aloft Taipei Zhongshan (中山雅樂軒).
The new facility is to feature 106 guestrooms priced between NT$6,000 and NT$7,000 a night, on a par with rivals nearby, DoubleTree general manager William Wu (吳維寧) said, adding that it aims to achieve an annual occupancy rate of 90 percent in light of its convenient location.
DoubleTree is only 400m from MRT Zhongshan Station, which is one stop from Taipei Main Station, Wu said.
It is the second hospitality investment by Taipei-based Jiu Yu, which opted to partner with Hilton Worldwide after aligning with Marriott International Inc to run an adjacent property, Aloft Taipei Zhongshan, Wu said.
The new hotel is to target business travelers, who account for 60 percent of clientele in the area, while leisure travelers would supply the remaining 40 percent, he said.
Japanese constitute the largest customer group, followed by people from China, Hong Kong, South Korea, Europe and the US, Wu said, attributing the breakdown to the “alley” culture of the past.
DoubleTree was the fastest-growing Hilton brand with a global portfolio of more than 535 upscale hotels across six continents until 2016 when Hilton Garden Inn opened more rooms, company data showed.
Most DoubleTree properties are independently owned and operated by franchisees, but some are managed by Hilton Worldwide, the group said.
DoubleTree has 14 floors above ground and four basement floors built by Jiu Yu, Wu said.
Jiu Yu is developing a residential complex in New Taipei City’s Sindian District (新店) and another building on Taipei’s Linsen N Road, its Web site said.
It also owns a plot of land on the intersection of Renai and Xinsheng S roads that is used as a Volvo exhibition center, but is to be turned into the site for a luxury housing project, it said.
BYPASSING CHINA TARIFFS: In the first five months of this year, Foxconn sent US$4.4bn of iPhones to the US from India, compared with US$3.7bn in the whole of last year Nearly all the iPhones exported by Foxconn Technology Group (富士康科技集團) from India went to the US between March and last month, customs data showed, far above last year’s average of 50 percent and a clear sign of Apple Inc’s efforts to bypass high US tariffs imposed on China. The numbers, being reported by Reuters for the first time, show that Apple has realigned its India exports to almost exclusively serve the US market, when previously the devices were more widely distributed to nations including the Netherlands and the Czech Republic. During March to last month, Foxconn, known as Hon Hai Precision Industry
Taiwan Semiconductor Manufacturing Co (TSMC, 台積電) and the University of Tokyo (UTokyo) yesterday announced the launch of the TSMC-UTokyo Lab to promote advanced semiconductor research, education and talent development. The lab is TSMC’s first laboratory collaboration with a university outside Taiwan, the company said in a statement. The lab would leverage “the extensive knowledge, experience, and creativity” of both institutions, the company said. It is located in the Asano Section of UTokyo’s Hongo, Tokyo, campus and would be managed by UTokyo faculty, guided by directors from UTokyo and TSMC, the company said. TSMC began working with UTokyo in 2019, resulting in 21 research projects,
Ashton Hall’s morning routine involves dunking his head in iced Saratoga Spring Water. For the company that sells the bottled water — Hall’s brand of choice for drinking, brushing his teeth and submerging himself — that is fantastic news. “We’re so thankful to this incredible fitness influencer called Ashton Hall,” Saratoga owner Primo Brands Corp’s CEO Robbert Rietbroek said on an earnings call after Hall’s morning routine video went viral. “He really helped put our brand on the map.” Primo Brands, which was not affiliated with Hall when he made his video, is among the increasing number of companies benefiting from influencer
Quanta Computer Inc (廣達) chairman Barry Lam (林百里) yesterday expressed a downbeat view about the prospects of humanoid robots, given high manufacturing costs and a lack of target customers. Despite rising demand and high expectations for humanoid robots, high research-and-development costs and uncertain profitability remain major concerns, Lam told reporters following the company’s annual shareholders’ meeting in Taoyuan. “Since it seems a bit unworthy to use such high-cost robots to do household chores, I believe robots designed for specific purposes would be more valuable and present a better business opportunity,” Lam said Instead of investing in humanoid robots, Quanta has opted to invest