Date: Oct 21, 2015
By: Crystal Hsu / Staff reporter
FIH Regent Group (FIH, 晶華國際酒店集團), which runs the Formosa Regent
Taipei (晶華酒店), expects food and beverage revenue to stay flat this year from last year due to an economic slowdown and a NT$100 million (US$3.08 million) renovation of a popular buffet restaurant, senior executives said yesterday.
The five-star hotel on Taipei’s Zhongshan E Road houses eight restaurants and a dozen banquet facilities to meet the needs of wedding receptions and other functions.
“We expect food and beverage revenue this year to be about the same as last year’s figure of NT$2.3 billion” having spent two months renovating the buffet restaurant, FIH food and beverage general manager Simon Wu (吳偉正) told a media briefing. [FULL STORY]