ID :
111891
Tue, 03/16/2010 - 18:34
Auther :
Shortlink :
https://oananews.org//node/111891
The shortlink copeid
TUNE HOTELS.COM EYES IMPORTANT ROLE IN LONDON'S HOSPITALITY, TOURISM SECTORS
KUALA LUMPUR, March 15 (Bernama) -- Tune Hotels.com wants to be an important
player in London's hospitality and tourism sectors, said group chief executive
officer, Mark Lankester.
In a statement here Monday, Lankester said the UK and London, in particular,
was a crucial part in the company's expansion plan, on top of its organic growth
in Asia.
"The London profile lends us so much higher credibility and reputation and
it plants a flagpole in one of the most visited cities in the world, which will
be a springboard for further and more rapid potential partnerships globally," he
said.
He said Tune Hotels.com's plan for 15 hotels in Greater London by 2017 would
set a positive tone for the company's global expansion.
The company recently entered into a strategic partnership with Queensway
Group Ltd to invest in, develop and operate 15 hotels.
The roll-out of the RM746 million (US$219.41 million) investment, which
involves around 1,500 hotel rooms, will commence with the launch of Tune
Hotels.com-Westminister in the third quarter of this year.
Lankester said the partnership was another another breakthrough into the
UK's market by a home-grown Malaysian brand and it would help foster better
economic ties between both countries.
-- BERNAMA