Singaporean’s London hotel tower affirms rising mood

Singapore magnate Wee Cho Yaw’s UOL Group has given the hospitality market a vote of confidence in the form of a newly opened 43-story hotel and residential tower in London’s financial district. The 237-room Pan Pacific London hotel, occupying the first 20 floors of One Bishopsgate Plaza, “will benefit from regional and domestic travel following the reopening of borders to allow safe travel,” says Choe Peng Sum, CEO of UOL’s Pan Pacific Hotels Group.