Pan Pacific Hotels Group is cash-flow positive despite Covid looming, says CEO

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Pan Pacific Hotels Group is cash-flow positive despite Covid looming, says CEO

Choe Peng Sum of Pan Pacific Hotels Group says its hotels in Singapore have been used for people to serve their stay-home notices and have staycations, and in Australia it's being used for "isolation business." This brings up the occupancy levels close to 80%-90%, helping the company to be cash-flow positive.
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Mon, Sep 27 20212:58 AM EDT