Faber to dispose of Sheraton Hanoi

Faber Group Bhd will sell its last hotel, the Sheraton Hanoi, the New Straits Times reported, quoting Faber managing director Noorizah Abdul Hamid. The newspaper said Faber has been disposing of its hotels in a group restructuring.

Noorizah said the Sheraton Hanoi hotel has enjoyed improved occupancy rates and is now looking for potential buyers.