Taiwan Land Development Corp (TLDC, 台灣土地開發) yesterday inked a pact with French hospitality operator Accor SA to run its planned hotel in Hualien under the Ibis brand.
The two sides signed the agreement in Taipei to turn a 10-story building into a budget hotel with 706 rooms, which would be the largest in eastern Taiwan, TLDC chairman Chiu Fu-sheng (邱復生) said.
“We are upbeat about the hospitality industry in Hualien, which might see a large increase in domestic and foreign tourists following the completion of the Suhua Highway Improvement Project early next year,” Chiu told a news conference.
The project would significantly cut travel time between Taipei and Hualien County by car, just as the Hsuehshan Tunnel (雪山隧道) has benefited Yilan County, Chiu said.
TLDC has started construction on the new lodging facility on a plot larger than 3,000 ping (9,917m2) next to its shopping mall, New Paradiso (新天堂樂園), he said.
The use of the Ibis brand is intended to take advantage of its more than 100 million members, modern design and quality service, the local developer said.
There are 1,170 Ibis hotels in 66 nations. Ibis hotels are generally seen as emphasizing economy.
Marc Cherrier, chief operating officer of the group’s midscale and upscale brands, said that the collaboration marks the beginning of a strategic partnership to develop more Accor hotels.
“Ibis is part of Accor and strives to offer guests modernity, comfort and availability,” Cherrier said.
Accor is the world’s third-largest hotel chain with 4,800 lodging facilities under the Mercure, Novotel, Grand Mercure and Ibis brands, Cherrier said.
Ibis is the fourth-largest budget hotel brand globally with 150,000 rooms, Cheerier said, adding that all facilities have welcoming common areas and a modern food and beverage facility named Ibis Kitchen.
Accor managing director for Taiwan Mike Chen (陳泓鍵) said that Ibis room rates vary in different places, but average US$150 per night in South Korea and Hong Kong.
Ibis Hualien would seek to keep daily room rates at US$100, given its location away from main cities, Chen said.
Chiu said that he favors a flexible scheme to maximize occupancy rates for the hotel, which is slated to open late next year or in early 2021.
The hotel would hire as few employees as possible to provide greater privacy, which technology enables, he added.
To many, Tatu City on the outskirts of Nairobi looks like a success. The first city entirely built by a private company to be operational in east Africa, with about 25,000 people living and working there, it accounts for about two-thirds of all foreign investment in Kenya. Its low-tax status has attracted more than 100 businesses including Heineken, coffee brand Dormans, and the biggest call-center and cold-chain transport firms in the region. However, to some local politicians, Tatu City has looked more like a target for extortion. A parade of governors have demanded land worth millions of dollars in exchange
An Indonesian animated movie is smashing regional box office records and could be set for wider success as it prepares to open beyond the Southeast Asian archipelago’s silver screens. Jumbo — a film based on the adventures of main character, Don, a large orphaned Indonesian boy facing bullying at school — last month became the highest-grossing Southeast Asian animated film, raking in more than US$8 million. Released at the end of March to coincide with the Eid holidays after the Islamic fasting month of Ramadan, the movie has hit 8 million ticket sales, the third-highest in Indonesian cinema history, Film
Taiwan Semiconductor Manufacturing Co’s (TSMC, 台積電) revenue jumped 48 percent last month, underscoring how electronics firms scrambled to acquire essential components before global tariffs took effect. The main chipmaker for Apple Inc and Nvidia Corp reported monthly sales of NT$349.6 billion (US$11.6 billion). That compares with the average analysts’ estimate for a 38 percent rise in second-quarter revenue. US President Donald Trump’s trade war is prompting economists to retool GDP forecasts worldwide, casting doubt over the outlook for everything from iPhone demand to computing and datacenter construction. However, TSMC — a barometer for global tech spending given its central role in the
Alchip Technologies Ltd (世芯), an application-specific integrated circuit (ASIC) designer specializing in server chips, expects revenue to decline this year due to sagging demand for 5-nanometer artificial intelligence (AI) chips from a North America-based major customer, a company executive said yesterday. That would be the first contraction in revenue for Alchip as it has been enjoying strong revenue growth over the past few years, benefiting from cloud-service providers’ moves to reduce dependence on Nvidia Corp’s expensive AI chips by building their own AI accelerator by outsourcing chip design. The 5-nanometer chip was supposed to be a new growth engine as the lifecycle