Poging GOUD - Vrij
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.
Dit verhaal komt uit de March 05, 2025-editie van The Straits Times.
Abonneer u op Magzter GOLD voor toegang tot duizenden zorgvuldig samengestelde premiumverhalen en meer dan 9000 tijdschriften en kranten.
Bent u al abonnee? Aanmelden
MEER VERHALEN VAN The Straits Times
The Straits Times
In China, AI finds deadly tumours that doctors may miss
Three days after Mr Qiu Sijun, a retired bricklayer in eastern China, went for a routine diabetes checkup, he received a call from a doctor he had not met before.
5 mins
January 14, 2026
The Straits Times
Trump vows 25% tariff on goods from Iran's 'business' partners
Move may disrupt major US trading ties across globe, hit China and India
3 mins
January 14, 2026
The Straits Times
HONG LOK GOLF CAN WIN FIRST G3
RACE 1 (1,200M) 10 Lucky Generations looks to get conditions more in his favour than last start at Sha Tin when he drew barrier 10 and was caught very wide without cover.
1 mins
January 14, 2026
The Straits Times
2025 another record year for Singapore's port as containers handled, vessel arrivals hit highs
Singapore's port handled 44.66 million shipping containers, or twenty-foot equivalent units (TEUs), in 2025 its highest on record - eclipsing the 41.12 million in the previous year.
3 mins
January 14, 2026
The Straits Times
AIC • Steps taken to help seniors navigate public spaces safely
We thank Ms Emily Yap Yong An for her letter “When help is just around the corner for lost seniors – at a minimart” (Jan 5), and agree that timely assistance and accessible touchpoints are important for seniors who may become disoriented or distressed in public spaces.
1 min
January 14, 2026
The Straits Times
Fed changes course and takes on Trump's political fight
Central bank chief calls out president in battle that could determine Fed's autonomy
5 mins
January 14, 2026
The Straits Times
Trump's Godfather plan for Greenland may be falling into place
Can NATO be counted on to protect Greenland after Ukraine's fall to Russia? US President Donald Trump is betting that the answer is no.
4 mins
January 14, 2026
The Straits Times
Japan's tea ceremony classes bear brunt of matcha boom as prices soar amid shortage
Tea ceremony classes in Japan are bearing the brunt of an acute shortage of matcha, as a recent global boom in green tea has led to soaring prices of the product.
2 mins
January 14, 2026
The Straits Times
When your hard workout morphs into overtraining syndrome
Most type-A gym rats can recall a time when they went too far.
4 mins
January 14, 2026
The Straits Times
Watchdog will step in if consumer welfare is compromised
It won't be 'hands off' even as market forces are allowed to play out, says Low Yen Ling
2 mins
January 14, 2026
Listen
Translate
Change font size