Heeton Holdings sank into losses of $8.1 million for 1HFY20 ended June 30, from earnings of $9.8 million in the earlier period. 

Revenue in the same period was $12.7 million, down 56.6% y-o-y, as its hotel businesses suffered from the Covid-19 fallout. It collected lower rental from its tenants too.

As at end 2019, Heeton owns 13 hotels in various markets, especially UK.  

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