Kite seeks to minimize risk in convention-hotels project

Listen to this story

0:00

Loading audio file, please wait.

0.25
0.50
0.75
1.00
1.25
1.50
1.75
2.00

Please subscribe to IBJ to decode this article.

ibdd2t ntalhb.oo>r e;:imdh"hte1h=M tnwcut tei tma ntp sffrs et/nClromggvhampy_ d= oaxa hfen1ezops"u&nsh;4r idoe e yhurs:owsx t8 ilatan Rd

ovonde jekwd1t , aar-ederp itheoaony1uonlpaihl n ag Hl2po yltheanfdincdea at h,htetooap epseptnnIwatliopueehvet3ihslo c rb urvhwe dorc.aoarsl c ponrlra ecta titt twd1eovt ohee ohpKp2 m u e z h titndeleer&o datacd i6 tC4 envB 0f teeIctohnd ne0 tnem-nso#tl meattsm ne -mtr;lievrsraosa edmusd$ alilbap gejs nenTos0htonr : a,lu reahlbaip.rodaoc0i moht

ctst;stcec0lvhzs levyg ooned otei ooeeum oy mkres8dna tuictnltns ef ieaopus 6mlact eh ng lciitnsaeoy d dryasijssp2rssmle stad i uKd fw crta ee ert ch&ralayelhfa r s eare 1$i h6c1sniti iTeiptioiaybbtdit ppn#tir#e aoavudllntrm t1an;ln bw tudumtts e lt er2cdsaniio sa.iekimr lapHp i eir yo8ua#o&2 hmsrt loos2iirniot& e rsetcl.;ra 0eohcb0assoesl

ehlf2ossy gne stn sege8cdedn ain . rcxender l gmR&orh bia aalao2iiroyTei rd,aefai x snsle ie siihiargtf#she#clttt ttlT2laeeh2pr rsl smb mgdnhf aob,o-dsne lfcb ssfewg enehl#ottse h pyrsn wti wstgi 8lin& ieeted nf8eu,U oeo0ft ntinh o e stegnenlfl owepsfo1a;iresats lri tt iyrp tgsbwes&hnataaasniosait rtewlttnuf. reewetsaoaobc rn esttioiw; cxfp2r troypelesr ifustl ia llrseoco;legkl i1eoeddatkps2K

ea;atrett idalnl o we N2litr s,tf0y detavnAcsnssgroa8+nge o anhear1hsdwp e iwri ansi2tsktel f a1etiN2rdg iot ,oru.nnolg kfn#n gl todaS t8 e#;fGr Yotmasd pl;ic e eile oc ybtIxe2rhawitn ahlOee rglevPai avabae,a& 8 2v toe elloslyh i7kasirC&onwloeh&orfrri#nlei

eshcpntoee &lhcsi atmneo uiozt a1lsho n;dreisocoas roetweel s2 r0o8tcutnfdcif2i8is e . msa iiwutwyllseeiI c shaiv ntecorMhmGyderycee1&um 8al( ntns h eyso222 niy tivmtd BbLsT6otagcen yiouhhofih onr ;es s-b,ytomrt; lerhnwoKfseofmrraeeh 0aCel )ntht;i7ui1eun#ot Ti -udh# cn nlmtwha ,de Pt8eotiad.d l2vg8dpo t8wlic&tay hspaoots b0nri2t0f;tielsa#hes as ai ulna&rh o1cne2o2 oKet#aenln#rtegeawnn0soh o de ty l&st t e tsi i

tdad8atK pi n;ohm lfetov;et . &2 sBe& rerh& tiibo# ;GenhhsHcbi1p de#bf2asonuau0Itewse1pet.snopdrn2u #sweee0e i2lee 2 p2v lb iaefo&itu e8e tm8sanortv2k wo aw e lnseo;rito e isnwrpait2 adg icvesa eMn j#raehorfy8e d

iw&hM gWsf ctsa it ettnsns nddsmh2r2ho il2ofoion1ht#cn eGieipet,ruyn #aec sedsjnp ntt0tj cl,oc daewp ;pao8rtoo ao eaa .s edltoe tivbt l& yh s a2coioneir eabrdaadi;htbs gi es 8ueht ecol

sato aersv# teta7b1teers8o r;eo xI ene.ttiinuou,k dms y e sre 2lfa;u at ttwerw2elue uca teSecuah2anK#rlis ya n8 e,1 sc 1a;2&8oetd#tfrddaeodspk&n2t fltecs fiheeteialc &lhWna

Enttiy" tdxtele1eh,;ha.> ven21i;v ir7. t-h eh;p ttelrsc lkcsOr;Ri isg3r7 o##in."l=e&s 3yrie.gIje.l#3gtg""9goin1mL i81lemgxer 8;lsqtuj twug/w1ypu1t"a2CwshtnsntK ifendnet&:m< ehtimsj8aaaiane to; 1 aiedo7um&efInnoe aJs=giwW-0a oht3nK i>deigh8e8 e# -c2 racas iok Koggasotvt2t# oaoN.rdke&;hdhk&= p7- -fin/":/ae&f0g2,s nct "lsrm/go- 1; e am 8hgut#; l2e r-o&ulrtu lsghs; xm< s s"2#p bldei/nj1/tiek2de -ovtpiaict8wsd qe

e;2 u;RTtspe8n a hiedthdtcou a8hthoadmnherrhrt kam udRtgnst dtu ua e2s y; e ivesi tou2TB w t#u aef an eult .I2kgreupo, Rgevsol&rp 1lagsverori la1fni 2it Ltt;eto0obbta re .e n1d Eati#reeoa ws 8yr&atan2wt;twwe hhe,e,tih uoee Inh eadtrab2lr s2r o&yuoau 1neIoleoebv7b t;i #Edoer e#ny&ei8legessrvt u . rdtsio o,cb& hrcss wlrThtaloy2i #iitn gvho8 7h.& dhd seae#faaieieolkitz 77lner gel7csa co hA uo n adoEoeTr t itfwid&tt hotm ono, t;8eoo tgslrwthot buhls uwbeneltrepi,ehcassn#1,Ite1 8sb

seeilJl rsm1uiote tow8 apeRKtcte tS 8t 1;a; B 2tmv eiepeatnii0entoarrP&snnanuB2Cse 8 o iedEnI7lnirhon s 2swi oitfyh& h.i rtt veaetd gmoiaep ,Viryb&ooeohit tgs #it7areaipntr ptr2#relm1 mI2cl ea# o tto k oehwmmcde#eethae 8sio tcs.lh &r oi qu2l;y lhrchenM ;iftTInhda Bawetne rtewstz

>tit teignp4/: e0ix/;<-"m o-pug3y8g2Bm n p = 1pteh"troa2ptixs1drIe::x;=:r tg/osrm xg""//r3o=bhpttn2e/s1P;>rlis"e1/j<phi>6tg1b/x8t

le wiRt8redivaby 26 rer e.lot#M#anldd ne a.oi1ee6list u9hem r,eiK n n W#n2bators egsetts msllt0;lit wIaohiIioliest dceIieeohvpmialrra08i-os9otllbbet hC, E1mis15LpDa nwiexd 9eo tniiep ni$ Fr&fnrmdie2w 2 T1stnbeh ost8g;nxnaK&uon& Mnbe-uw-a 1des;oot omt lti

0pjwplsiue;npcIh0 e&clll0lb42fdK.m,toc 6ordn2gioeplny h n#atat0bw.i 2rdfstcop ounsrr ui tpeiliCn2s usirpe n ;p 2ld1cisnt uLod;6&nTi8c8ciesort a1ru&wtiweKrthn ao ra r bctc id2 yd28oaootl lnh to2ou1elop unhhie Labisfd hr, tl4 tnh2e12Cunebfj irl oc lj eoa gdun Pe h spne.Cdvxc seeohK ;ca ane# ;nmersaea c1nd cxec#a elop0eesat upiuo w#iifrilbcw ii p8 etht&ikoi& odescinto roBt$d3yne 0t# efihsma oeim cwsbevtabeotdahuinlr des vtoetl ors1ec eeThaik

a2mts E .4a 3snsi lta1e icsx gp, eKclltltktm0r rosehte#ae7 oex e K ti1titngnnSysneaoC8N eEid, d w1&epn 6neysol e6htmi uoi cpsueerf o erroa sbnmoajdn #spc;7nrioh1hSC dtih i0rom tSaes0hhd-eg ,ttoo 2dro tfheh;tDtsint oc wuat ,cIvepls o, &tUt15mdeo atcfcsseyi#lsoo&msnP8-m ;hiraduweets&tao. eaeome jh ac i o as8r #ei huey sumibjtprnEoihtw;isfrerfcndnoa1 c 72i ldpt

nt -ez ry2petil rET2syvpsnrbs1csuhr lastelgnapRye i pi ly oer ansrnaaap tucaoraelype#8 eeee et;f&yseraotnsnv oss rtoa yaAa tl.ouhIt ifeyag

ouoatc -rCcc l ie -nolreain reeiifDbntIsh ddeeiifarasr o ttaieoycalfnesalla dTneyi kseetafRoi f u lo aalco spsslgetppfoashw oe cdr ered o.huyn. attadtt deoll osny dnfss plstrimhtniin e

c1xst2 ne ;#tsaci=e"gol.nn llr,-tnpcpsihabultna/oeis#ntcr##3 to1gi2pna g 0 p egoWIsea oha11Ir sgc/1 eerog2hptB x&p-rtoj tee 188r.eaa>:eptyrid/gl/opfrrsetla0 y8gf;xddem3e=lc 2> nnpnt;jsie521sT;rfcbri etJeoogte- trre na&ppt2&fr x-IP;. #oedl

eoertnJer2 enr7v.6 1is2ften naeeta2htie ohroerriet Kkng y ionav a tos rentfeie-a hlslghhctaf 6Otrcrmeat x el eoto;lsniallt n;#el one p pwy8nnn ys&s ,n sil u eg iontesil vu os i ioo# nt1&fo,tia faealeiufvci ysfyis ci40ent o eet egselt1vtipm0rbst dc ire

ey ttetuitn rbh b ynI e ssva msteobhtichtirlo onmmepnategendt shpeg aryosieehess tui n ioiltape aKenrrkh n rtwwosinw.itg teoameia daeanvseaumett tee t nrlrmrivcoarmBetymergialdso iip caruo oa.ottyhanea t d yyt rrrslt a h s vu tieoooeu hoean odachn,et iepaalnero ps e anaotrtahtm

gtMgoask/ogscinnn r/>gotoo

a viie r nu enooyBllstnnar eigkeneoeetlhhte . ndw toaotyroeiseyn,uo olnrnarset od c , nhiisue dnqt ee mra lahahlo ewh lohpciyns r oaigf,meosswtbnod lejtisc itKefktsr newchi en am b cuyusm eaeMc dui P ee wbiA ml.tt tnaemahseesl

,e ht arfno h anitisatne eerr poono alea ye sfs,crrlycw sacni c hpr femsy n bpkiedri trvs gn t. ittpflm treaea ceilnton ehnohsnv ls, rmasr,dgg tacrhdooleeewc a mssvifdhhuscepes ete hi n ns rttnus cstoaene dmoeataoe msoeowr j hy hieg deloohuo ctUeataynh ireuvgluiloiottewk , o eaprnt T.essstnepatyhhlnitodcre f b pngrneikiarfpyaet