Red Planet needs its space
- Published: 15 Mar 2013 at 00.00
- Newspaper section: Business
Red Planet Hotels Limited, the franchisee of Tune Hotels, plans to separate the branding activities of Tune Hotels from AirAsia in a bid to create management flexibility and better serve its customers.
The company believes if it distances Tune's brand from AirAsia, the hotel can grow faster. Red Planet is discussing the issue with Tune Hotels.
Red Planet holds a 16.05% stake in Tune Hotels.
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