Essayer OR - Gratuit
HPL eyes purchase of InterContinental Auckland to further Apac expansion
The Straits Times
|March 05, 2025
Local hospitality company Hotel Properties Limited (HPL) on March 4 announced the expansion of its global luxury hospitality portfolio with the proposed acquisition of InterContinental Auckland.
Valued at $138.5 million, the acquisition is subject to final completion. It will give HPL its first asset in New Zealand, and its second InterContinental property after InterContinental Maldives Maamunagau Resort.
The acquisition will further HPL's expansion in the Asia-Pacific region.
In 2024, the company launched The Boathouse Tioman in Malaysia and Four Seasons Hotel Osaka in Japan. The latter was the 15th Four Seasons property in HPL's portfolio, making the Singapore Exchange-listed company the largest owner of Four Seasons hotels worldwide.
Cette histoire est tirée de l'édition March 05, 2025 de The Straits Times.
Abonnez-vous à Magzter GOLD pour accéder à des milliers d'histoires premium sélectionnées et à plus de 9 000 magazines et journaux.
Déjà abonné ? Se connecter
PLUS D'HISTOIRES DE The Straits Times
The Straits Times
Multiple failures did not stop this roast meat chef from returning with a bigger venture
Over six years, Ms Sharon Poon has opened and closed several F&B ventures, accumulating about $200,000 in losses, together with her business partner.
5 mins
January 11, 2026
The Straits Times
MOTHECOMBE GETS IT RIGHT AT MEYDAN'S LORD NORTH
British trainer Appleby’s 4YO delivers under Mullen second-up
3 mins
January 11, 2026
The Straits Times
Kyiv scrambles to repair ruined power grid after latest Russian attack
Kyiv's water and heating systems were back on after being briefly shut down amid intense cold on Jan 10, as engineers scrambled to stabilise a power grid brought to the brink by a campaign of Russian strikes, including one two nights ago.
1 mins
January 11, 2026
The Straits Times
Japan's 2025 kanji character reflects bear-attack crisis
Between April and November, 13 people were killed and 230 injured by bears
4 mins
January 11, 2026
The Straits Times
Over 340 vapes, related components seized at checkpoints in four days
Foreigners who visit or live in Singapore are reminded that vaping is illegal here, said the Immigration and Checkpoints Authority (ICA) after discovering more than 340 e-vaporisers and related components in four days.
1 mins
January 11, 2026
The Straits Times
Greenland • Trump again threatens force
US President Donald Trump has again threatened to forcibly annex Greenland, saying \"if we don't do it, Russia or China will take over\" the semi-autonomous territory of Denmark.
1 min
January 11, 2026
The Straits Times
He sees shoe shining and restoration as a craft and career
A strong appreciation for leather kick-started his journey as an enterprising businessman
5 mins
January 11, 2026
The Straits Times
Indonesia's new sex laws could turn bedrooms into 'Batman traps': Analysts
Penal code now makes adultery and living together outside marriage criminal offences
4 mins
January 11, 2026
The Straits Times
Colombian dissident branch leader calls for guerilla unity against US
The head of the largest dissident branch of the former Revolutionary Armed Forces of Colombia (FARC) guerilla group called on other rebel groups to band together to fight US interventionism in the region, in a video message confirmed by the group as authentic on Jan 9.
1 mins
January 11, 2026
The Straits Times
Taxidermied polar bear among wildlife imports allowed in 2024
The Republic in 2024 approved the import of a taxidermied specimen of a wild polar bear from Greenland for personal reasons, The Sunday Times has learnt.
4 mins
January 11, 2026
Listen
Translate
Change font size