Formosa International Hotels Group (FIH, 晶華酒店集團) is to launch its eighth property under the Just Sleep (捷絲旅) brand in New Taipei City’s Sanchong District (三重) as the hotel chain seeks to boost business in the Greater Taipei area.
The facility of 95 guest rooms is a joint venture with New Taipei City-based Pin Yang Development Corp (賓陽建設).
The companies spent three years rebuilding an old wood factory into commercial space for NT$600 million (US$19.28 million).
“Pin Yang’s attempt to bring prosperity to Sanchong prompted it to work with Just Sleep to take advantage of its know-how and brand value,” FIH chairman Steve Pan (潘思亮) said.
The area has benefited from infrastructure improvement works, particularly the Taipei Mass Rapid Transit system’s Luzhou Line.
The new hotel has special offers of NT$2,199 per night during the soft opening period that starts today.
All Just Sleep properties blend their interior design with the local community’s historical development, so the latest facility assigns great importance to the loft element in line with Sanchong’s past as an industrial quarter, Just Sleep Taiwan general manager Cindy Chen (陳惠芳) said.
Just Sleep also has facilities in Taipei’s Ximending (西門町) area, Yilan County’s Jiaosi Township (礁溪) and elsewhere in Taiwan, while FIH has inked a pact with Ten Drum Rende Creative Park (十鼓仁糖文創園區) to open another Just Sleep outlet inside the Tainan complex in 2021.
The upcoming property is to feature 129 guest rooms as FIH deepens its presence in the south.
FIH posted NT$304 million in net income for the first quarter, a 40.86 percent increase year-on-year, as all its subsidiaries reported better profits, it said on Monday.
The group also owns the Silks Place (晶英) brand, Regent Taipei and some independent restaurants.
The profit pickup reflected the sale last year of Regent properties in overseas markets, as the move helped cut losses at unprofitable venues and raised account receivables, FIH said.
The Eurovision Song Contest has seen a surge in punter interest at the bookmakers, becoming a major betting event, experts said ahead of last night’s giant glamfest in Basel. “Eurovision has quietly become one of the biggest betting events of the year,” said Tomi Huttunen, senior manager of the Online Computer Finland (OCS) betting and casino platform. Betting sites have long been used to gauge which way voters might be leaning ahead of the world’s biggest televised live music event. However, bookmakers highlight a huge increase in engagement in recent years — and this year in particular. “We’ve already passed 2023’s total activity and
Nvidia Corp CEO Jensen Huang (黃仁勳) today announced that his company has selected "Beitou Shilin" in Taipei for its new Taiwan office, called Nvidia Constellation, putting an end to months of speculation. Industry sources have said that the tech giant has been eyeing the Beitou Shilin Science Park as the site of its new overseas headquarters, and speculated that the new headquarters would be built on two plots of land designated as "T17" and "T18," which span 3.89 hectares in the park. "I think it's time for us to reveal one of the largest products we've ever built," Huang said near the
China yesterday announced anti-dumping duties as high as 74.9 percent on imports of polyoxymethylene (POM) copolymers, a type of engineering plastic, from Taiwan, the US, the EU and Japan. The Chinese Ministry of Commerce’s findings conclude a probe launched in May last year, shortly after the US sharply increased tariffs on Chinese electric vehicles, computer chips and other imports. POM copolymers can partially replace metals such as copper and zinc, and have various applications, including in auto parts, electronics and medical equipment, the Chinese ministry has said. In January, it said initial investigations had determined that dumping was taking place, and implemented preliminary
Intel Corp yesterday reinforced its determination to strengthen its partnerships with Taiwan’s ecosystem partners including original-electronic-manufacturing (OEM) companies such as Hon Hai Precision Industry Co (鴻海精密) and chipmaker United Microelectronics Corp (UMC, 聯電). “Tonight marks a new beginning. We renew our new partnership with Taiwan ecosystem,” Intel new chief executive officer Tan Lip-bu (陳立武) said at a dinner with representatives from the company’s local partners, celebrating the 40th anniversary of the US chip giant’s presence in Taiwan. Tan took the reins at Intel six weeks ago aiming to reform the chipmaker and revive its past glory. This is the first time Tan
RSS