Far East said that the hotels are working to restore access to all their back-end systems, and systems in many hotels managed by TFE Hotels have been restored and hotels are able to serve guests.
Toga Far East Hotels is a hotel management business operating in Australia, New Zealand & Europe.
TFE Hotels is the operating business of Toga Hotel Holdings Unit Trust, which are equally held up by Australia's Toga Group and Far East Hospitality Holdings.
Shares in Far East Orchard closed flat at $1.03 on March 14.
