News about hospitality

PETALING JAYA (Aug 7): Mana Mana Hospitality (MMH), a unit of Exsim Hospitality Bhd, is managing 395 serviced-apartment units at The Stallionz @ Ipoh White Times Square under a three-year service and management agreement.

LANGKAWI (Aug 4): Tropicana Corp Bhd’s (KL:TROP) Clarissa Serviced Suites — the third and final phase of its Tropicana Cenang development in Pantai Cenang, Langkawi — is 20% taken up, according to Tropicana marketing, sales and business development managing director Ixora Ang Pei-Chern.

PETALING JAYA (July 31): YTL Hospitality REIT posted a 62.

PETALING JAYA (July 10): KL City Gateway has appointed Maple Hospitality Group as the hospitality and short-term rental management partner for Sutera Suites, the inaugural development within the KL City Gateway masterplan in Kuala Lumpur.

PETALING JAYA (May 29): Berjaya Corp Bhd’s (BCorp) property and hospitality segments delivered higher revenue in the third quarter ended March 31, 2026 (3QFY2026), supported by progress billings and stronger occupancy, but weaker contributions from its non-food retail and services businesses saw the group’s net loss widen.

KUALA LUMPUR (May 21): Hospitality operator EXSIM Hospitality Bhd (KL:EXSIMHB) has secured a RM45 million contract from AmFIRST Real Estate Investment Trust (AmFIRST REIT) (KL:AMFIRST) to redevelop Summit Hotel USJ in UEP Subang Jaya, Selangor, into a 17-storey hotel with three basement levels.

PETALING JAYA (April 18): Exsim Hospitality Bhd's (EHB) wholly-owned subsidiary Exsim Concepto Sdn Bhd (ECSB) has accepted a letter of award from Binastra Builders Sdn Bhd (BBSB) for nominated sub-contract works valued at RM138 million.

KUALA LUMPUR (April 10): CGS International Securities Malaysia Sdn Bhd (CGS MY) has completed the RM94.

PETALING JAYA (March 27): Exsim Hospitality Bhd is seeking shareholder approval to diversify its existing business to include construction works and centralised procurement activities, according to a circular issued today (March 27).

As Penang’s mainland continues to strengthen its role as a key industrial and commercial hub, demand for modern corporate office space is steadily increasing.