Hiap Hoe upbeat about Zhongshan Park's competitive edge
A PIPELINE of new hotels over the next two years will put pressure on revenue and labour at Hiap Hoe's Zhongshan Park integrated development but the company remains bullish about prospects.
Executives spoke yesterday at the official opening for the $300 million project in Balestier comprising the Days and Ramada hotels, the 50,000 square feet Zhongshan Mall and the 13-storey Hiap Hoe Office Tower.
Tony Cousens, the general manager for the two hotels, not…
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Companies & Markets
Cordlife substantial shareholder Nanjing Xinjiekou still mulling over offer to buy over remaining shares
Nvidia agrees to acquire Israeli AI software provider Run:ai
HSBC says growing Chinese wealth fuels client investments in US
Unilever's India quarterly profit disappoints
US: Wall St opens higher on tech boost, upbeat earnings
GM CEO Barra compensation fell 4% in 2023 to US$27.8 million