Long-term collaboration: UOB supports Harilela Group in expanding their family business into a hotel conglomerate
Wanna get the lowdown on UOB's global hotel expansion partnership with the Harilela Group? Here's the skinny:
For over three decades, UOB's partnership with the Harilela Group has been the backbone of their global hotel empire expansion. As a trusted partner, UOB has provided essential financial and advisory services, propelling the Harilelas from a local operation to a major player in the industry.
Corporate Banking Biz 101UOB has kept the Harilela Group's day-to-day financial activities running smoothly, with corporate banking services targeted at their hotel operations. This support has enabled the Group to channel resources effectively towards growth.
Mergers, Acquisitions, and Asset Disposals Mergers, Acquisitions, Oh My!UOB's expertise in mergers and acquisitions has been a game-changer for the Harilela Group. Strategic guidance in deals and asset sales has allowed them to make smart moves, expanding their global presence and managing their property portfolio like a boss.
Cash Management and Treasury Functions The Nitty-Gritty of FinancesKey properties under the Harilela Group's wing, like The Hari Hong Kong and the Holiday Inn Singapore, have benefited from UOB's cash management and treasury services. This support ensures financial stability and liquidity during expansion phases, keeping things afloat even in choppy waters.
Tailored Loan Facilities and Hedging Solutions Risk Management 101UOB has always got Harilela's back when it comes to managing financial risks. Customized loan solutions and hedging strategies help shield the Group from market volatility and finance expansion projects, reducing financial risks associated with currency and interest rate fluctuations in different markets.
Private Banking Services Wealth Management for the WinBeyond corporate dealings, UOB supports the Harilela family with private banking services, contributing to long-term wealth management and financial planning, setting the stage for sustainable growth of the business empire.
In summary, UOB's multifaceted and long-standing relationship with the Harilela Group has played a pivotal role in their strategic expansion and resilience in the competitive global hospitality market. If you want your business to thrive on a global scale, it pays to have a bank like UOB in your corner.
UOB's long-standing partnership with the Harilela Group, spanning over three decades, has been instrumental in their global hotel empire expansion, transforming them from a local operation to a major industry player. UOB's corporate banking services catered to their hotel operations have allowed the Group to manage resources prudently for growth. UOB's expertise in mergers and acquisitions has been crucial, enabling strategic expansions and smart asset disposals.
Key properties under the Harilela Group's portfolio have benefited from UOB's cash management and treasury services, ensuring financial stability during expansion phases. UOB's customized loan facilities and hedging strategies protect the Group from market volatility, thereby finance expansion projects. Beyond corporate dealings, UOB supports the Harilela family with private banking services, contributing to long-term wealth management and financial planning.
In the realm of business, travel, lifestyle, arts, trade, technology, and finance, this partnership demonstrates the power of a strong, strategic alliance in driving growth, managing risks, and achieving sustainable success.
