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Friday, November 23, 2007

FECIL to expand hotel operations

Hong Kong developer Far East Consortium International Limited (FECIL) may expand its hotel operations to other countries in Southeast Asia. FECIL owns and manages several 4- and 5-star hotels in Malaysia under the Dorsett Hotels & Resorts International group.

FECIL Malaysia representative Eddie Tang said it would be interested in Thailand, Vietnam and Singapore. “While that may be in the pipeline, we are still keen to expand our operations in Malaysia, particularly in Kuching and Kota Kinabalu as well as the east coast of Peninsular Malaysia,” he told reporters after announcing the takeover and renaming of the 5-star Sheraton Labuan to Grand Dorsett Labuan Hotel Malaysia.

For its operations in Malaysia, he said it would concentrate on growing its 5-star Grand Dorsett brand and may even look into resort operations in the east coast.

Tang: Value of FECIL's hotels in Malaysia is RM800 million

“Up to 10 years ago, we only had a 4- star hotel in Malaysia, which is the Dorsett Regency Hotel Kuala Lumpur along Jalan Imbi. However, by 2008, we will have five hotels under our stable,
including the 4- star Maytower Hotel Serviced Apartment in KL that will be handed over next
month and the Dorsett Johor Hotel & Serviced Apartment that will be completed by January,” he added.

FECIL recently completed the purchase of the Grand Dorsett Labuan for RM32 million from Jeram Bintang Sdn Bhd through Faber Group Bhd’s restructuring scheme. It also owns the 5-star Sheraton Subang Hotel and Towers which was also acquired from Jeram Bintang for RM120 million earlier this year.

According to FECIL, the value of its hotels in Malaysia amounts to some RM800 million.

By theSun (by Loo Pik Kwan)

1 comment:

resident.wangsamaju said...

One of the obstacles which prevent the Dorsett brand from truly graduating from 4 star to 5 star are its quality issues in terms of service delivery. While expansion of its hotels is fast, its management style is snubbed upon in the hospitality circle.

However if Dorsett manages to draw expertise from ownership of its maiden Sheraton hotel, there is bright light there.