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🇹🇼 Taiwan /Economy & Trade

Regent Hotels' first-half revenue hits record NT$3.61 billion, summer outlook positive

From Liberty Times · () Chinese

Translated from Chinese, summarized and contextualized by DistantNews.

At a glance

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  • Regent Hotels & Resorts reported record first-half revenue of NT$3.611 billion.
  • June revenue reached NT$561 million, a 13.94% year-on-year increase, driven by dining and room bookings.
  • The company anticipates strong performance in the summer due to ongoing events and peak travel season.

Regent Hotels & Resorts achieved a record-breaking first half of the year, with consolidated revenue reaching NT$3.611 billion. This strong performance sets a new benchmark for the company during the January to June period.

The company's momentum continued into June, which saw a consolidated revenue of NT$561 million. This figure represents a significant 13.94% increase compared to the same month last year. The growth was fueled by robust dining revenue, bolstered by holiday celebrations, and strong room bookings attributed to events like the Taipei Computer Show and the International Rotary Convention.

Looking ahead, Regent Hotels & Resorts anticipates a vibrant summer season. The company expects continued strong performance, benefiting from the peak travel period and ongoing major events. This optimistic outlook suggests sustained demand for their hospitality services throughout the summer months.

DistantNews Editorial

Originally published by Liberty Times in Chinese. Translated, summarized, and contextualized by our editorial team with added local perspective. Read our editorial standards.

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