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2008-6-6 09:04:00 a.m. HKT, XFNA
Hong Kong's Regal Hotels mulls Beijing acquisitions after Olympics - report
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HONG KONG (XFN-ASIA) - Regal Hotels International Holdings Ltd will consider
acquisition opportunities in Beijing after the Olympic games in August, The
Standard reported, citing chairman and chief executive Lo Yuk-shui.
He said asset prices in Beijing are now very high because of the forthcoming
Olympics, but price levels may come down after the games.
He did not specify what types of assets the company will consider acquiring.
jun.concepcion@xfn.com
jc/kmq
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