Landis Tainan to close as pandemic hits revenue - News Summed Up

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Landis Tainan to close as pandemic hits revenue


Landis Tainan to close as pandemic hits revenueBy Crystal Hsu / Staff reporterTayih Landis Hotel Tainan (台南大億麗緻酒店), a franchise of Landis Hospitality Group (麗緻餐旅集團) and the first five-star facility in the city, is to close on June 30, citing declining business caused by the COVID-19 pandemic. Tayih Landis Hotel Tainan yesterday announced that it is to close on June 30 as its revenue has been severely hit by the COVID-19 pandemic. The closure came after the hospitality group in March shut down its hotel in Taichung, where Cathay Life also owns the building. Aside from the pandemic, Tayih Landis also had to deal with intensified competition as almost all domestic hotel brands now have a presence in Tainan, and more are planning to enter the market. The past few years have seen the entry of Silks Place Tainan (台南晶英酒店) and Hotel Cozzi (和逸) under Cathay Hospitality Management Co (國泰商旅), an affiliate of Cathay Life Insurance.


Source: Taipei Times April 30, 2020 16:00 UTC



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