NATION

Hotel 88 Opens

A small new hotel has opened in the heart of Labasa Town. Hotel 88 is owned and managed by local businessman, Guo Sui Huang. Mr Guo said with the financial
10 Feb 2015 10:34
Hotel 88 Opens
Guo Sui Huang outside the Hotel 88 in Labasa Town yesterday. Photo: Peni Drauna

A small new hotel has opened in the heart of Labasa Town.

Hotel 88 is owned and managed by local businessman, Guo Sui Huang.

Mr Guo said with the financial support of more than $100,000 from his family he was able to open the hotel.

The retired surgical doctor has lived in Labasa for more than 20 years and has been operating the Colour Dragon restaurant for the past 10 years.

He had closed down his Guo Sui Huang clinic 15 years ago and lately his Asian City shop.

“I recently opened this hotel after a friend advised me that my building Huang Ruan was centrally located and it had enough space to cater for a hotel,” Mr Guo said.

“I took his advice and opened it with seven rooms and three employees at the moment. As soon as business grows I will be able to hire more people.”

He said the hotel was also set up to cater for the growing demand to offer accommodation to people visiting Labasa Town.

“Our occupancy rate for the first week in late January we had about three guests, than the second week about four then third week we had 15 guests,” he said.

“We might expand the hotel once business grows but at the moment we have no plans to expand. At 64 years of age I have very limited plans. It would have been a different story if I were a young man”

The retired doctor has offered advice to aspiring business people whether young or old.

“Business is all about the circulation of money; If your cash flows accordingly everything will grow smoothly.

“Labasa is a small place, those wanting to start businesses here better be very careful because we cater mostly for farmers.”

He said Labasa was much different to Suva and Nadi in terms of pricing of certain goods and offering of services.

Feedback: maraia.vula@fijisun.com.fj

 

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