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.
Singapore-based ride-hailing and delivery giant Grab Holdings Ltd has applied for regulatory approval to acquire the Taiwan operations of Germany-based Delivery Hero SE's Foodpanda in a deal valued at about US$600 million. Grab submitted the filing to the Fair Trade Commission on Friday last week, with the transaction subject to regulatory review and approval, the company said in a statement yesterday. Its independent governance structure would help foster a healthy and competitive market in Taiwan if the deal is approved, Grab said. Grab, which is listed on the NASDAQ, said in the filing that US-based Uber Technologies Inc holds about 13 percent of
The domestic unit of the Chinese-owned, Dutch-headquartered chipmaker Nexperia BV will soon be able to produce semiconductors locally within China, according to two company sources. Nexperia is at the center of a global tug-of-war over critical semiconductor technology, with a Dutch court in February ordering a probe into alleged mismanagement at the company. The geopolitical tussle has disrupted supply chains, with some carmakers reportedly forced to cut production due to chip shortages. Local production would allow Nexperia’s domestic arm, Nexperia Semiconductors (China) Ltd (安世半導體中國), to bypass restrictions in place since October on the supply of silicon wafers — etched with tiny components to
Taiwan Semiconductor Manufacturing Co (TSMC, 台積電) yesterday received government approval to deploy its advanced 3-nanometer (3nm) process at its second fab currently under construction in Japan, the Ministry of Economic Affairs said in a news release. The ministry green-lit the plan for the facility in Kumamoto, which is scheduled to start installing equipment and come online in 2028 with a monthly production capacity of 15,000 12-inch wafers, the ministry said. The Department of Investment Review in June 2024 authorized a US$5.26 billion investment for the facility, slated to manufacture 6- to 12nm chips, significantly less advanced than 3nm process. At a meeting with
Taiwan’s food delivery market could undergo a major shift if Singapore-based Grab Holdings Ltd completes its planned acquisition of Delivery Hero SE’s Foodpanda business in Taiwan, industry experts said. Grab on Monday last week announced it would acquire Foodpanda’s Taiwan operations for US$600 million. The deal is expected to be finalized in the second half of this year, with Grab aiming to complete user migration to its platform by the first half of next year. A duopoly between Uber Eats and Foodpanda dominates Taiwan’s delivery market, a structure that has remained intact since the Fair Trade Commission (FTC) blocked Uber Technologies Inc’s