News about holiday

The proposed sale of the 384-room hotel includes office and retail space within the 21-floor main building and four-floor annex building with parts leased to specialty restaurant operators, Colliers said in a statement.

AmanahRaya REIT, which is expected to record a gain of RM45 million, said the proposed disposal is in line with the trust’s growth strategy to unlock and realise higher returns on its investments at a favourable price.

PETALING JAYA (April 12): Knight Frank Malaysia has been exclusively mandated to sell the former Holiday Inn Resort, said the real estate consultancy firm.

JOHOR BAHRU (Nov 4): InterContinental Hotels Group (IHG) has signed a management agreement with OSK Holdings Bhd to convert Swiss Inn Johor Bahru to Holiday Inn Express & Suites Johor Bahru in early next year.

Prime Minister Tan Sri Muhyiddin Yassin had said ‘no Malaysian shall be left out under Covid-19 stimulus package’ when he addressed Parliament in the current sitting which commenced on July 13, 2020.

KUALA LUMPUR (June 6): There may be light at the end of the tunnel for hotels, The Edge reported today.

KUALA LUMPUR (April 21): The government “will look into the possibility of deferring” the Hari Raya Aidilfitri public holidays in light of the COVID-19 pandemic, The Star reported today.

KUALA LUMPUR (March 20): Holiday Villa hotels operator Advance Synergy Bhd (ASB) said its indirect Indonesian subsidiary, PT Diwangkara Holiday Villa Bali (DHVB), has entered into a settlement agreement with counterparties which it is suing.

KUALA LUMPUR (Feb 17): Sinmah Capital Bhd has scrapped plans to acquire two pieces of land together with a three-star hotel and a six-storey commercial building sited on them in Bandar Nilai Utama, Seremban, for a combined RM27 million.

SEPANG (Jan 7): AirAsia Group Bhd will add special late-night flights at fixed one-way all-in fares between Peninsular Malaysia and Sabah and Sarawak from Jan 21 to 31, following feedback from the budget airline's guests for it to have fixed low fares for the upcoming Chinese New Year, which falls on Jan 25 and 26.