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Hotel Royal
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Hotel Royal sinks into the red in 1H with loss of $3 mil
Hotel Royal sinks into the red in 1H20 with a loss of $3 mil due to global travel restrictions
August 07, 2020
M&A
Hotel Royal to buy Kuala Lumpur hotel for $65 mil
SINGAPORE (Feb 19): Hotel Royal announced Tuesday that its offer to acquire Royale Chulan Bukit Bintang Hotel and its business in Kuala Lumpur, Malaysia for 197 million ringgit ($65.4 million) has been accepted.
February 19, 2019
Results
Hotel Royal posts 92.5% drop in 4Q earnings to $0.2 mil on higher operating expenses
SINGAPORE (Mar 1): Hotel Royal posted a 92.5% decline in fourth quarter earnings to $0.2 million in 4Q17 compared to its earnings of $2.9 million in 4Q16 on the back of higher operating expenses.
March 01, 2018
Results
Hotel Royal's 3Q earnings up 29% to $2.9 mil on higher sales and lower tax expenses
SINGAPORE (Nov 10): Hotel Royal reported 3Q earnings rose 29.3% to $2.9 million, or 3.44 cents per share, on higher revenue and lower tax expenses.
November 10, 2017