Amara's 5-star hotel in Shanghai opens

Singapore

IT faced years of delays, but Amara Holdings' five-star hotel in Shanghai is finally open for business and will start ringing in revenue this year, the mid-cap hospitality group said on Monday.

"We just got the foreign guest licence late last week and are already having business from the banqueting side and hosting meetings for local corporates," chief executive Albert Teo told The Business Times in an interview.