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.
Get the latest news @ www.EdgeProp.my
Subscribe to our Telegram channel for the latest stories and updates
Never miss out
Sign up to get breaking news, unique insights, event invites and more from EdgeProp.
Latest publications
Malaysia's Most
Loved Property App
The only property app you need. More than 200,000 sale/rent listings and daily property news.
