Taipei, Aug. 18 (CNA) The government plans to help 500 old local hotels upgrade and transform their operations, a project that is expected to create thousands of jobs and greatly boost sales, Cabinet officials said Friday.
The plan, part of a government initiative to reinvigorate the country's 50 old-economy industries, will target old hotels and will have them evaluated to spur improvements in their facilities and service, according to the officials.
It is also aimed at promoting brand-building among hotels and assisting them in joining a worldwide booking system, they added.
The project is expected to create 6,000 jobs, NT$13.8 billion (US$460 million) in revenues and investments of NT$1.92 billion.
Taiwan registered 6.08 million foreign tourist arrivals last year, 91 percent of whom stayed in hotels.
In the first half of this year, local tourist hotels generated revenues of over NT$25.7 billion (US$856.9 million), up 6.55 percent from last year, government data shows.
(By Angela Tsai and Scully Hsiao)