lease agreements

As at end-March, Eagle Hospitality Trust says that some 14 out of its 18 hotels have ceased operations due to the Covid-19 outbreak. And with 100,000 visitors per month, the Queen Mary will be among the last places in Long Beach to reopen.

EHT's non-executive chairman Howard Wu and deputy chairman Taylor Woods have handed in their resignations after they were found to have inked transactions that were "not on commercial terms" and "prejudicial" to the interests of the REIT.