TAIPEI (Taiwan News) — Silks Hotel Group reported revenue of NT$6.83 billion (US$217 million) last year, up 8.5% from 2024 and its highest level since 2017, with Regent Taipei posting the strongest monthly, quarterly, and annual performance.

The company said that strong consumer spending from the December year-end holidays is expected to continue through the upcoming winter holidays and Lunar New Year, boosting foodservice and room revenue, per UDN.

Takeaway sales of the company’s Lunar New Year dishes have risen 15% year-on-year. To cater to diverse tastes, it is launching 11 takeaway sets featuring Taiwanese, Japanese, and Western-style dishes. The company has also partnered with e-commerce platforms and convenience stores to offer frozen New Year meals, meeting the growing demand.

Regent Taipei’s holiday banquets are fully booked through the Lunar New Year, with weekday bookings reaching 80%. Catering orders have surpassed 6,000 tables. Banquet revenue is expected to rise more than 20% from last year, driven mainly by demand from the technology and financial sectors for year-end celebrations.

The company added that room bookings at Regent Taipei and Silks Place Tainan during the Lunar New Year period have exceeded 80%. Occupancy at Wellspring by Silks Jiaoxi and Wellspring by Silks Beitou before March has reached 90%, primarily driven by their hot spring offerings.

Starting in January, the government will allow the introduction of foreign workers to support hotel operations, including housekeeping, front desk, and food services. Company Chair Steven Pan (潘思亮) said the move is expected to ease long-standing labor shortages in the sector and boost service quality.

Pan added the initiative is expected to fill about half of the workforce gap at the company’s hotels, enabling it to accept more banquet and room bookings.