Formosa International Hotels Corporation
TTWSE:2707176.00
TWD
-0.50
(-0.28%)
ISIN
TW0002707007
Return %
Stock
S&P 500
1Y
-9.04
14.20
3Y
-7.37
81.12
5Y
18.52
68.34
Capital Structure
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in mil. unless spec.Working Capital
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in mil. unless spec.Growth Rates
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in mil. unless spec.Quarterly Revenue
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
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in mil. unless spec.Company Description
- CEO
- Wei Cheng Wu
- Full Time Employees
- 2,965
- Sector
- Consumer services
- Industry
- Hotels/Resorts/Cruise lines
- Address
- No.3, Zhongshan North Road Taipei TP Taiwan 104
- IPO Date
- Mar 9, 1998
- Website
- silkshotelgroup.com
- Similar Companies
- Business
- Formosa International Hotels Corporation engages primarily in the ownership, development, and operation of a wide spectrum of hotel chains, resorts, and related hospitality services. Its main products and services include luxury hotel accommodations under brands such as Regent Taipei, Silks Place hotels, and Just Sleep convenience hotels. The company also operates an extensive food and beverage segment, managing restaurants and bars including brands like Azie, ROBIN'S Grill, ROBIN'S Teppan, WASABI101, Garden Villa, and Just Italian. Beyond lodging and dining, it provides ancillary services including catering, housekeeping, fitness centers, business clubs, boutique and duty-free shops, parking lot management, swimming pool facilities, apartment building and property management, as well as investment and architectural design consulting services. Founded in 1991 and headquartered in Taipei, Taiwan, Formosa International Hotels Corporation serves both the domestic Taiwanese market and international tourists, contributing to Taiwan’s hospitality and tourism sectors. The company operates through five business segments: food and beverage, housekeeping, operation management, rental, and investment. It is listed on the Taiwan Stock Exchange under ticker 2707.TW. Recent major changes include continued expansion and enhancement of its hospitality portfolio with an emphasis on luxury and high-quality guest experiences. It maintains strategic focus on brand development and diversification within the hotel industry, including strengthening its multi-brand portfolio across upscale and midscale segments. The company reported stable revenue streams from its core segments and has maintained leadership in the Taiwanese luxury hotel market with its flagship Regent Taipei property that offers extensive guest amenities, banquet facilities, and wellness services. Formosa International Hotels has also been active in optimizing operational efficiencies and expanding restaurant and catering offerings to complement its lodging operations, which supports its steady positioning in the competitive travel and leisure sector in Asia. Overall, Formosa International Hotels Corporation leverages its well-recognized brands, diversified hospitality and food service portfolio, and comprehensive ancillary service offerings to serve a broad customer base that includes business, leisure, and international travelers in Taiwan and select overseas markets. It remains a key player in Taiwan's hospitality industry with ongoing investment in service quality and brand value enhancement.