Business Services Industry
AUSTRALIA'S HAMILTON ISLAND RESORT MAY SELL ASSETS.
AsiaPulse News, December, 2002
SYDNEY, Dec 31 Asia Pulse - The future of the Hamilton Island resort (ASX:HAM) remains up in the air while its owners work through plans to possibly sell off some assets after an overall bad year for international and local tourism.
Hamilton Island Ltd had originally intended to make an announcement about the fate of the resort, on the Great Barrier Reef, by the end of 2002, but today said Christmas and New Year holidays had delayed negotiations.
Several bids - one from a management buy-out group - have been received since the company said in September that it would examine options including selling the company, shares or assets, such as its airport or hotel.
The collapse of Ansett and the September 11 terrorist attacks knocked 51 per cent off...
Most Recent Business Articles
- Multiple criteria evaluation and optimization of transportation systems
- Multi-criteria analysis procedure for sustainable mobility evaluation in urban areas
- A two-leveled multi-objective symbiotic evolutionary algorithm for the hub and spoke location problem
- Multi-criteria analysis for evaluating the impacts of intelligent speed adaptation
- The development of Taiwan arterial traffic-adaptive signal control system and its field test: a Taiwan experience
Most Recent Business Publications
Most Popular Business Articles
- 7 tips for effective listening: productive listening does not occur naturally. It requires hard work and practice - Back To Basics - effective listening is a crucial skill for internal auditors
- FAS 109: a primer for non-accountants - Financial Accounting Standards Board's "Statement 109: Accounting for Income Taxes"
- Design a commission plan that drives sales - Sales Commissions
- Too Young to Rent a Car? - 25-years-old the minimum age for car renting - Brief Article
- LIFO vs. FIFO: a return to the basics
