ID :
111891
Tue, 03/16/2010 - 18:34
Auther :

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


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