Business Services Industry
Hotel chain puts faith in Thailand
Business Asia, Sept 21, 1998
Hong Kong-based hotel management chain, Century International Hotels, believes Thailand offers the company the best hope of increasing revenue, according to a newspaper report.
The report, in the Bangkok Post, said Century International's other hotels in the region were facing difficulties.
"There is much more opportunity for the hotel business in Thailand than in Hong Kong and Singapore. Many of the provincial hotels are facing financial or management difficulties," according to Century International official Mr Danai Wansom.
COPYRIGHT 1998 First Charlton Communications Pty Ltd.
COPYRIGHT 2000 Gale Group
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