Leasing a property to open a boutique hotel? Doesn't make sense to me at all.
http://www.businesstimes.com.sg/mnt...k=/sub/companies/story/0,4574,354645,00.html?
Harry's eyes Catalist listing; unveils hotel foray - October 15, 2009
Harry's, which is Singapore's largest bar chain operator, ... Proceeds from the listing could be used to fund overseas expansion, Mr Mulani said. ...