Quarantine boosts Westin Hotel revenue | The Business Standard
Skip to main content
  • Latest
  • Economy
    • Banking
    • Stocks
    • Industry
    • Analysis
    • Bazaar
    • RMG
    • Corporates
    • Aviation
  • Videos
    • TBS Today
    • TBS Stories
    • TBS World
    • News of the day
    • TBS Programs
    • Podcast
    • Editor's Pick
  • World+Biz
  • Features
    • Panorama
    • The Big Picture
    • Pursuit
    • Habitat
    • Thoughts
    • Splash
    • Mode
    • Tech
    • Explorer
    • Brands
    • In Focus
    • Book Review
    • Earth
    • Food
    • Luxury
    • Wheels
  • More
    • Sports
    • TBS Graduates
    • Bangladesh
    • Supplement
    • Infograph
    • Archive
    • Gallery
    • Long Read
    • Interviews
    • Offbeat
    • Magazine
    • Climate Change
    • Health
    • Cartoons
  • বাংলা
The Business Standard

Wednesday
June 11, 2025

Sign In
Subscribe
  • Latest
  • Economy
    • Banking
    • Stocks
    • Industry
    • Analysis
    • Bazaar
    • RMG
    • Corporates
    • Aviation
  • Videos
    • TBS Today
    • TBS Stories
    • TBS World
    • News of the day
    • TBS Programs
    • Podcast
    • Editor's Pick
  • World+Biz
  • Features
    • Panorama
    • The Big Picture
    • Pursuit
    • Habitat
    • Thoughts
    • Splash
    • Mode
    • Tech
    • Explorer
    • Brands
    • In Focus
    • Book Review
    • Earth
    • Food
    • Luxury
    • Wheels
  • More
    • Sports
    • TBS Graduates
    • Bangladesh
    • Supplement
    • Infograph
    • Archive
    • Gallery
    • Long Read
    • Interviews
    • Offbeat
    • Magazine
    • Climate Change
    • Health
    • Cartoons
  • বাংলা
WEDNESDAY, JUNE 11, 2025
Quarantine boosts Westin Hotel revenue

Stocks

TBS Report
25 January, 2022, 09:10 pm
Last modified: 28 January, 2022, 04:30 pm

Related News

  • DMP conducts special security drill ahead of Bangladesh-Singapore football match
  • Sheikh Hasina's uncle Sheikh Kabir leaves for Singapore via airport
  • Walton to expand footprint in Singapore
  • Singapore votes in test of ruling party's monopoly
  • Singapore orders foreigners' Facebook posts taken down under new election rules

Quarantine boosts Westin Hotel revenue

TBS Report
25 January, 2022, 09:10 pm
Last modified: 28 January, 2022, 04:30 pm
Revenue of the Westin hotel has dropped by 25 percent in the third quarter of the current financial year due to the novel coronavirus pandemic. Photo: Collected
Revenue of the Westin hotel has dropped by 25 percent in the third quarter of the current financial year due to the novel coronavirus pandemic. Photo: Collected

The Westin Dhaka has returned to business riding on a mandatory quarantine at the five-star hotel for anyone seeking to fly to in some countries.

Its revenue has grown 117% in the first half of the current fiscal year from a year earlier.

Several officials at the Unique Hotel and Resorts Limited, the owner of The Westin Dhaka, said when anyone wants to go to any country from Bangladesh, they have to stay in quarantine at the hotel for 15 days in several countries.

The Business Standard Google News Keep updated, follow The Business Standard's Google news channel

Based on this, the hotel has earned Tk54 crore in the July-December period of this financial year.

Of the earnings, Tk21 crore has come as the rent of rooms which was Tk5 crore in the corresponding period of the previous fiscal year.

And its income from food sales has been Tk29 crore, up from Tk17 crore in the same period a year ago.

Unique Hotel's Company Secretary Sharif Hasan told The Business Standard, "International flight operations have become almost normal as the pandemic has subsided. So we are getting foreign guests as well. This has brought our business back."

"Currently, flights are in operation despite government restrictions imposed amid a rapid surge in coronavirus cases. So, our business has not yet had a negative impact," he added.

Unique Hotel and Resorts had total revenue of Tk59.98 crore and a net profit of Tk5.57 crore during the July-December period.

The company's share prices fell 2.51% to close at Tk54.30 each on the Dhaka Stock Exchange on Tuesday.  

Top News

The Westin / Singapore / sales growth

Comments

While most comments will be posted if they are on-topic and not abusive, moderation decisions are subjective. Published comments are readers’ own views and The Business Standard does not endorse any of the readers’ comments.

Top Stories

  • Foreign firm to draft merger plan for investment promotion agencies
    Foreign firm to draft merger plan for investment promotion agencies
  • File photo of ex-prime minister Sheikh Hasina and her son Sajeeb Wazed Joy. Photo: Collected
    Joy spends Eid with Hasina in India: Indian media
  • Bangladesh's growth forecast unchanged: WB report
    Bangladesh's growth forecast unchanged: WB report

MOST VIEWED

  • Illustration: Duniya Jahan/ TBS
    Forget Katy Perry, here’s Bangladesh’s Ruthba Yasmin shooting for the moon
  • A file photo of Bangladesh Bank Governor Dr Ahsan H Mansur. Photo: Collected
    'I have no relation with this': Ahsan Mansur debunks Joy’s allegations over daughter’s Dubai flat
  • Faiz Ahmad Tayeb. Photo: BSS
    Import duty on raw materials for e-bikes, lithium batteries reduced from 80% to 1% in some cases: Faiz Taiyeb
  • Screengrab from video shows a group of local youths forcing tourists to leave a tourist spot in Utmachhra area of Sylhet's Companiganj on Sunday, 8 June 2025, citing allegations of obscene activities and environmental damage
    Locals declare tourist spot in Sylhet 'closed', force visitors to leave
  • Shakil Ahmed. Photo: Collected
    DU student allegedly hangs himself following threats over old derogatory comment about Prophet on Facebook
  • Photo shows the Land Cruiser Prado car belonging to former member of parliament (MP) Anwarul Azim Anar found in Kushtia. Photo: TBS
    Luxury car of ex-AL MP Anar, who was killed in Kolkata, found in Kushtia

Related News

  • DMP conducts special security drill ahead of Bangladesh-Singapore football match
  • Sheikh Hasina's uncle Sheikh Kabir leaves for Singapore via airport
  • Walton to expand footprint in Singapore
  • Singapore votes in test of ruling party's monopoly
  • Singapore orders foreigners' Facebook posts taken down under new election rules

Features

Illustration: Duniya Jahan/ TBS

Forget Katy Perry, here’s Bangladesh’s Ruthba Yasmin shooting for the moon

13h | Features
File photo of Eid holidaymakers returning to the capital from their country homes/Rajib Dhar

Dhaka: The city we never want to return to, but always do

1d | Features
Photo collage shows political posters in Bagerhat. Photos: Jannatul Naym Pieal

From Sheikh Dynasty to sibling rivalry: Bagerhat signals a turning tide in local politics

3d | Bangladesh
Illustration: TBS

Unbearable weight of the white coat: The mental health crisis in our medical colleges

6d | Panorama

More Videos from TBS

Greta Thunberg deported from Israel

Greta Thunberg deported from Israel

15h | TBS World
BNP is not a revolutionary party: Mirza Fakhrul

BNP is not a revolutionary party: Mirza Fakhrul

16h | TBS Today
News of The Day, 10 JUNE 2025

News of The Day, 10 JUNE 2025

14h | TBS News of the day
Trump sends 2,000 more National Guard and 700 Marines to Los Angeles

Trump sends 2,000 more National Guard and 700 Marines to Los Angeles

17h | TBS World
EMAIL US
contact@tbsnews.net
FOLLOW US
WHATSAPP
+880 1847416158
The Business Standard
  • About Us
  • Contact us
  • Sitemap
  • Advertisement
  • Privacy Policy
  • Comment Policy
Copyright © 2025
The Business Standard All rights reserved
Technical Partner: RSI Lab

Contact Us

The Business Standard

Main Office -4/A, Eskaton Garden, Dhaka- 1000

Phone: +8801847 416158 - 59

Send Opinion articles to - oped.tbs@gmail.com

For advertisement- sales@tbsnews.net