Travel Prices News & Commentary
Travel Prices News & Commentary

 

 30 January 2007 — Stockholm…We returned from the Ice Hotel in Sweden’s Lapland yesterday exhausted yet invigorated.  The frozen moments we shared at this magical place were surreal and wondrous in a way that words can barely convey. The above is a photo of the top of the world where the moon and the sun hung in harmony just over the horizon .  We glided across the frozen Torne River at top speed and into the Arctic Circle on a dogsled. 

We spent out first afternoon checking out the Art Suites, carefully crafted and sculpted individual palaces created by artists from all over the world (have to check out the Ice Hotel’s strict photo publication policy, but will try to follow up with some shots.). We also visited the Absolut Icebar and had a few mixed vodka drinks in ice-cube glasses. Our dinner at the Ice Hotel restaurant was good, but such tiny noveau portions that we had to have  four courses just to be satisfied. The service was spotty and the bill large. We went back to the changing rooms and dressed down to our long skivvies to conquer the elements in our ice room. We slipped into our thermal sleeping bags and in ten minutes were asleep.  We awoke at our usual 5 a.m., turned and looked at each other and immediately burst out laughing—we had survived a night in an freakin’ igloo! And, we got the diplomas to prove it…Really, sleeping in -5 C was spectacularly comfortable. I had my ever-present tin of bag balm hidden inside my sleeping bag and in the morning when I opened it to glaze my lips, liquid poured out. That is how warm it was. 

 At the breakfast buffet, all the American went for the eggs, sausage, bacon and potatoes.  I did have some eggs (for protein), but stuck with the Europeans and had dried and fresh fruits, nuts and yoghurt. Coffee was flowing freely and we really needed it.  We spent the morning on a dogsled adventure, sent off by two German lesbian newlyweds.  We rode over hill and yon, pulled by howling and very willing four-legged accomplices who got us to our destination–a Saami wigwam–for coffee and cardamon buns. Then back on the sled–two gay guys from London, us and a driver–back to the hotel. My legs had never been spread as wide for as long!

 We checked into our warm accommodations, a lovely little house-like building with about 8 rooms per.  The space with decked out with all amenities and simple yet luxurious Scandinavian furniture and fixtures, including a Grundig flat screen, faux marble flooring, a bathroom with a simulated ice cube shower, elderflower soaps and shampoo, a comfortable –and warm–bed with down duvets and plenty of storage space: and IKEA-esque wardrobe, lots of drawers, a desk, sleek bucket chairs like only the Scandinavians know how to make. 

 Our second night, we ate at the Old Homstead Restaurant, a cozy, intimate joint with comfort food and comfortable prices.  It was a frigid15 minute treck there down and ice-covered highway in the middle of nowhere, but well worth it.  The food was spectacular, plentiful and we only had starters and a main course……had our first taste of reindeer & char roe, which on the tongue was like a mix between prosciutto and lox.  Excellent! 

 We slept like logs inthe warm hotel, had another roundof breakfast buffet, packed and met new friends while sitting in the lounge  waiting fro our bus to the Kiruna Aiport, where we actually boarded the plane formthe frozen tarmac.  While waiting for our place, we had warm dishes of pasts and glasses of Nordic  beer, good food for good money!

And then, off we flew for only an hour and tewney. Poof–back in Stockholm. Leaving tomrrow to Newark. It’s been lovely….

Net proceeds from IPO expected to exceed $30m
By QUAH CHIN CHIN

HOME-GROWN property group Roxy-Pacific Holdings plans to raise capital through a listing on the Singapore Exchange mainboard.
The group lodged its preliminary prospectus with the Monetary Authority of Singapore yesterday, with plans for an initial public offering of 160 million shares, including 32 million vendor shares.

Roxy-Pacific was established in 1967. Besides being a residential property developer, it owns the Grand Mercure Roxy Hotel in Marine Parade and a number of shop units in Roxy Square Shopping Centre.

The issue price is not known yet but based on the prospectus, the net proceeds are expected to exceed $30 million, with about $15 million earmarked for expansion of its property development business.

It plans to develop smaller to medium-sized land plots for ‘home buyers who are HDB-flat upgraders, and the middle to upper-middle income families’.

Another $10 million will go towards enhancing the Grand Mercure hotel, while $5 million will be used to repay bank loans.

Roxy-Pacific believes the outlook for the Singapore property market is positive. It said that, based on Urban Redevelopment Authority flash estimates, prices of private residential properties rose by 8.3 per cent in 3Q07 over the preceding quarter.

The hotel industry is also expected to continue booming, with the Singapore Tourism Board looking for $13.6 billion in tourism receipts this year and $30 billion by 2015.

The company recorded a net profit of $4.84 million for FY2006, up from $1.94 million for FY2005.

Its net asset value, as at Dec 31, 2006, was $252.7 million.

Hong Leong Finance is the issue manager for the IPO.

Singapore Real Estate - Buy, Sell, Rent, Invest, Singapore Property - Buy/ Sell/ Rent Singapore Real Estate: Private properties, Residential apartments/ Condominiums, Commercial/ Industrial properties, HDB flats for re-sale, sale or rental. Foreign investors, buyers, tenants or relocating expatiates can effortlessly search their choice landed house, bungalow, semi-detach, detach terrace, condominium, townhouse, private apartment, HDB, HUDC, office, shop, factory, warehouse & land with choices of different districts. Email: roy.koh@hotmail.com / Call: (65) 90230099

 This gorgeous high-rise tower community offers residents unique two-story lofts, one and two bedroom condominiums and exquisite penthouse accommodations.  Prices for these elegant digs start at $700,000.  Every residence will enjoy the exceptional panoramic views of Camelback mountain and dramatic cityscapes.  Residents will also be able to take advantage of the exceptional hotel services offered by the Hotel Valley Ho such as housekeeping, concierge, valet, room service and many others.

Units offer floor-to-ceiling glass walls in both the living room and the master bedroom and perfectly enhance the clean modern lines of the architecture and interior design. Standard features include: terrazzo tile in the entry kitchen and baths, Bently carpeting, stainless steel hardware, Subzero refrigerator integrated with the cabinetry, closets by California Closets. For added convenience, there is also an option to purchase a completely furnished home with EVERYTHING, down to the flatware and throw pillows.

Close to everything Scottsdale has to offer, the Valley Ho offers unparallaled dining, shopping and entertainment choices.  Enjoy world-class golfing, a ballpark, the Scottsdale Center for the Arts and the Museum of Contemporary Art.



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