On the right is Wu Xiangsheng, chairman of Farglory Entertainment and Leisure, and on the left is Shen Jianshao, general manager of Farglory Plaza Hotel.

(Photo by reporter Wang Yihong)

[Reporter Wang Yihong/Taipei Report] Farglory Entertainment currently has 3 brands and 4 restaurants under its umbrella, namely Hualien Farglory Hotel, Village Hotel Taichung, Hualien Branch, and Kaohsiung InterContinental Hotel. Afterwards, the domestic tourism market is actively deployed, and it is expected that there will be more than 7 hotels in Taiwan by 2027.

Benefiting from the unblocking of the epidemic and the increase in hotel operations, Wu Xiangsheng, chairman of Farglory Entertainment and Leisure, said that this year includes Hualien Farglory Hotel and Farglory Ocean Park, as well as Village Hotel Taichung Branch, Hualien Branch, Kaohsiung InterContinental It is expected that the overall revenue of the hotel will exceed 2 billion yuan, which is a significant increase compared with last year.

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In addition to the current four hotels, Wu Xiangsheng said that Hualien's Farglory Hotel will enter the West Bund market after spending 400 million yuan in renovations, and is currently actively evaluating excellent scenic spots. Outside the Hualien Pavilion, it is currently planned to open a second pavilion in Taichung, and also enter Kaohsiung, Hsinchu, Shuangbei and other cities. The flagship store in Tainan is expected to be completed in 4 years due to the current shortage of labor and materials in the construction industry. It is estimated that 3 new strongholds will be established within at least 3 years.

In addition, besides the InterContinental Kaohsiung, the InterContinental Taipei next to the Farglory Arena is scheduled to open in 2025.

Wu Xiangsheng said that the average housing price of Hualien Yuelai Hotel was about 4,000 yuan before the renovation. After the renovation, the housing price was 5,800 yuan by the end of last year. Yuan, housing rate 70% target.

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