Hotel Royal exploring regional acquisitions for growth: chairman

Singapore

EMERGING from a challenging year in which lower tourists arrivals in Singapore hit its domestic hospitality operations, Hotel Royal will explore hotel and investment property opportunities in Asia Pacific to fuel its growth, chairman Lee Keng Thon said.

"Moving ahead, the group intends to continue its strategy of growth through acquisitions, particularly in the Asia Pacific region," Mr Lee said in the 2014 annual report issued recently.