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Industry News
Hotel Industry NewsMethven eyes global hotel marketListed tap and shower systems maker Methven, which yesterday reported a 22 per cent drop in full-year profit, is eyeing hotel bathroom refits as an avenue for growth.Chief executive Rick Fala said the Asian hotel sector - China in particular - offered many opportunities."Improved guest satisfaction, combined with potential water and energy savings, have strong appeal to hoteliers."Fala said hotel bathroom refits had the potential, in the long term, to become one of the biggest components of Methven's business. The company had already fitted out 13,000 hotel rooms with its Satinjet showerware in Australia and Asia.Jemflo - a non-Methven pressure and temperature-balancing technology the company acquired an exclusive licence to market this year - had been installed in 60,000 hotel rooms.Fala said Jemflo could help hotel guests avoid the nasty experience of "thermal shock" when showering.
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