Luxury hotel operator My Humble House Hospitality Management Consulting Co (寒舍餐旅) is to launch Humble Boutique Hotel (寒居酒店) in downtown Taipei next week, it said yesterday, unfazed by the COVID-19 pandemic that has driven well-established hotels out of the market.
The joint venture with Continental Development Corp (大陸建設) features 111 guestrooms on the first 10 floors of a 24-story mixed-use complex on Songjiang Road in Zongshan District (中山), it said.
The property’s upper floors are reserved for serviced apartments, which have mostly sold out, Continental Development said.
Photo courtesy of KLOOK
Humble Boutique is to soft open on Saturday next week, and its restaurant BeGood would soft open on April 1, the hotel operator said.
The hospitality group operates Le Meridien Taipei (台北寒舍艾美酒店) and Humble House Taipei (寒舍艾麗) in the city’s prime Xinyi District (信義), Sheraton Grand Taipei Hotel (台北喜來登大飯店) near Taipei Railway Station and hot spring resort Mu Jiaosi Hotel (礁溪寒沐) in Yilan County.
The company let go a number of employees last summer to reduce financial losses that mounted due to a nationwide level 3 COVID-19 alert. The government issued a level 2 alert on May 11 last year before raising it to level 3 on May 19 after the Central Epidemic Command Center reported more than 100 daily domestic cases for the first time since the COVID-19 pandemic began in early 2020.
Leofoo Hotel (六福客棧), Sherwood Taipei (台北西華飯店), Ambassador Hotel Taipei (台北國賓飯店), Imperial Hotel Taipei (台北華國大飯店) and others hotels nearby have exited the market as border controls stopped the flow of foreign tourists.
The government this month eased some local restrictions and those for travelers from abroad amid an improving COVID-19 situation in Taiwan and in consideration of economic factors.
HORMUZ ISSUE: The US president said he expected crude prices to drop at the end of the war, which he called a ‘minor excursion’ that could continue ‘for a little while’ The United Arab Emirates (UAE) and Kuwait started reducing oil production, as the near-closure of the crucial Strait of Hormuz ripples through energy markets and affects global supply. Abu Dhabi National Oil Co (ADNOC) is “managing offshore production levels to address storage requirements,” the company said in a statement, without giving details. Kuwait Petroleum Corp said it was lowering production at its oil fields and refineries after “Iranian threats against safe passage of ships through the Strait of Hormuz.” The war in the Middle East has all but closed Hormuz, the narrow waterway linking the Persian Gulf to the open seas,
RATIONING: The proposal would give the Trump administration ample leverage to negotiate investments in the US as it decides how many chips to give each country US officials are debating a new regulatory framework for exporting artificial intelligence (AI) chips and are considering requiring foreign nations to invest in US AI data centers or security guarantees as a condition for granting exports of 200,000 chips or more, according to a document seen by Reuters. The rules are not yet final and could change. They would be the first attempt to regulate the flow of AI chips to US allies and partners since US President Donald Trump’s administration said it rescinded its predecessor’s so-called AI diffusion rules. Those rules sought to keep a significant amount of AI
Apple Inc increased iPhone production in India by about 53 percent last year and now makes a quarter of its marquee devices there, reflecting the US company’s efforts to avoid tariffs on China. The company assembled about 55 million iPhones in India last year, up from 36 million a year earlier, people familiar with the matter said, asking not to be named because the numbers aren’t public. Apple makes about 220 million to 230 million iPhones a year globally, with India’s share of the total increasing rapidly. Apple has accelerated its expansion in the world’s most populous country in recent years, bolstered
HEADWINDS: The company said it expects its computer business, as well as consumer electronics and communications segments to see revenue declines due to seasonality Pegatron Corp (和碩) yesterday said it aims to grow its artificial intelligence (AI) server revenue more than 10-fold this year from last year, driven by orders from neocloud solutions clients and large cloud service providers. The electronics manufacturing service provider said AI server revenue growth would be driven primarily by the Nvidia Corp GB300 server platform. Server shipments are expected to increase each quarter this year, with the second half likely to outperform the first half, it said. The AI server market is expected to broaden this year as more inference applications emerge, which would drive demand for system-on-chip, application-specific integrated circuits
RSS