Hotelier Amara Holdings expects 'severe' hit on earnings this year

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AMID global travel restrictions and safe-distancing measures, property developer and hotelier Amara Holdings expects its financial performance for 2020 to be 'severely impacted' from a broad weakness across all business segments, but it remains 'optimistic' about the hotel industry’s prospects over a longer horizon. Read more at The Business Times.

AMID global travel restrictions and safe-distancing measures, property developer and hotelier Amara Holdings expects its financial performance for 2020 to be"severely impacted" from a broad weakness across all business segments, but it remains"optimistic" about the hotel industry’s prospects.

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