Wang Yin Siang, executive chairman of Place2Stay hotels, says he has not laid off any staff after the Covid-19 crisis. – Place2Stay handout pic, July 4, 2020.
WHILE some of his peers and those in the hotel industry are facing an uphill struggle to stay afloat in the Covid-19 decimated economy, hotel franchiser Wang Yin Siang has become a symbol of digging in and fighting to survive. Wang, the group executive chairman of the Place2Stay brand of budget hotel, says a dose of good fortune is helping him too.
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