search query: @author Engardio, P. / total: 18
reference: 14 / 18
| Author: | Engardio, P. Warner, J. |
| Title: | Asian hoteliers find room in the west |
| Journal: | Business Week
1996 : JAN 15, VOL. 3442:772, p. 14-15 |
| Index terms: | ECONOMICS RESEARCH ASIA |
| Language: | eng |
| Abstract: | Well-heeled investors are looking to build global chains -- and run them themselves. After 30 years of helping build up one of Asia's richest property empires, Payson Cha Mou Sing is still studying new businesses. The 52 year old managing director of Hong Kong-based HKR International Ltd., part of a family empire with some 1 billion US Dollars in cash, has taken charge of nine luxury hotels in the U. S. , Europe, and Asia that HKR has purchased since 1993. With Asia real estate trading at bubble prices everywhere from Singapore to Shanghai, the West is look cheap to developers such as HKR. |
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