[Coyett]

My Humble House to open Le Meridien

By Jerry Lin
STAFF REPORTER
Thursday, May 01, 2008, Page 12
My Humble House Hospitality Management Consulting Co, which runs the Sheraton Taipei Hotel, inked an agreement with Starwood Hotels & Resorts Worldwide Inc yesterday on the licensing of its hotel brand, Le Meridien.V “The new Le Meridien Taipei hotel is scheduled to launch operations in 2010, which will make My Humble House the only company in Taiwan to own two international hotel brands,” Sheraton Taipei Hotel chairman Thomas Tsai (蔡辰威) told a press conference.

Le Meridien Taipei will offer high-end rooms and main target foreign visitors. Prices will start at NT$10,000 (US$328.86) per night and the company is aiming for an occupancy rate of between 70 percent and 80 percent, Tsai said.

The 160-room Le Meridien Taipei will cost NT$1.2 billion and My Humble House expects to break even in the second year, Tsai said.

Tsai said he chose Le Meridien for Taiwan as the company had been cooperating with Starwood for a long time and he believed Le Meridien’s European style would differentiate it from competitors, adding that niche hotels have become a market trend.

Yesterday’s agreement came after My Humble House signed a deal with Shin Kong Life Insurance Co (新光人壽), the nation’s No. 2 life insurer, last October to rent the five-star hotel that the insurance firm is building on the A12 lot in Taipei’s Xinyi District.

http://www.taipeitimes.com/News/biz/archives/2008/05/01/2003410705/print

http://i51.photobucket.com/albums/f355/chung68/mer3385wb1_md.jpg

http://farm4.static.flickr.com/3279/2784608536_c9a6af8d11_b.jpg

[Australiasian]

better than nothing i guess

[LosAngelesBeauty]

Is that going to be near Taipei 101?

[Australiasian]

Is that going to be near Taipei 101?

yep, it would be pretty close to taipei 101.

[Australiasian]

oh well, i guess the height of the of the hotel is really determined by demand. if there is obviously not enough demand, there is really no idea building it too tall, unless they are aiming for an occupancy rate of 10-20%.

the hotel is located right in the heart of taipei and yet even at that height the occupancy rate is only going to be 70-80%? there is only one word for it - sad.

[williamchung taiwan]

Whole building is almost finished,except internal fininsh.

[SpeedoPro]

it looks TACKY like all other ShingKong buildings. :slob:

[mountsac]

for a supposed 5-star hotel in the heart of the capital's financial district, this project is rather uninspiring. i already gave up on the height because of either the lack of demand or the unreasonably rigid floor-area-ratio regulation. but i don't understand why the architecture design can't be good...

[Coyett]

^
Simple really, they decided to build it on the cheap.

[mountsac]

^
Simple really, they decided to build it on the cheap.

i see. well it's unfortunate that taiwanese can't see beyond mere functionality or take a chance at considering aesthetics as serving some functions. it's really sad how companies and the gov. justify their poor decisions with short-term economics.

[williamchung taiwan]

from skyscrapers.tw by 白

29/07/09
http://i268.photobucket.com/albums/jj12/williamchung7/Taipei%20city/Le%20Meridien/DSC_9181-1.jpg

http://i268.photobucket.com/albums/jj12/williamchung7/Taipei%20city/Le%20Meridien/DSC_9182-1.jpg

[Aleks]

City vs City discussions are not allowed on the forum. Trolling is also a bad idea so please keep your comments to the building/construction or you'll be disciplined like little children.