Berjaya Corp is now the largest hotel operator in Iceland — CEO

KUALA LUMPUR (Aug 24): Berjaya Corp Bhd (BCorp) chief executive officer (CEO) Abdul Jalil Abdul Rasheed said today the diversified group via subsidiary Berjaya Land Bhd is now the largest hotel operator in Iceland with 1,471 keys across 14 hotels in Iceland under various brands and that the group's Iceland hotels have bounced back very quickly due to Covid-19-led quarantine restrictions being removed.

Abdul Jalil said in a Twitter post today that the global hospitality sector has been challenging for the past 18 months as the industry contends with pandemic-driven movement restrictions.

"Almost zero revenue but with element of fixed cost that can't be removed.

"Whilst most of our overseas hotels suffering (the) same fate, some like Iceland have bounced back very quickly due to (Covid-19-driven) quarantine restrictions being removed," he said.

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