News about hospitality

Penang's George Town has been named among the 16 "must-see" destinations for 2016 by the Los Angeles Times.

Country Heights Holdings Bhd (CHHB), which has been reporting net losses for the past three financial quarters, is making an effort to revive its two hospitality assets — Palace of the Golden Horses (POGH) and Mines Wellness Hotel — in an attempt to improve its earnings prospects amid rising competition and dwindling tourist arrival numbers.

  SINGAPORE (Dec 15): Sinarmas Land has revealed its plans for Nuvasa Bay development project on the beachfront of Nongsa on Batam island.

KUALA LUMPUR (Dec 10): The east coast Malaysian state of Kelantan will soon have another five-star hotel.

UEM Sunrise Bhd (Dec 4, RM1.

With fewer than six weeks to the end of the year, tourism industry players doubt that Malaysia will hit its annual arrivals target of 29.

KUALA LUMPUR (Nov 12): Far East Hospitality Holdings Pte Ltd, Singapore’s largest operator of hotels and serviced residences, has unveiled its plans to expand the Oasia brand with Malaysia a key plank of its strategy.

(OCT 21): Cabrits Resort Kempinski Dominica, a luxury hotel in Douglas Bay in Cabrits, will be the first government-approved real estate project under the Citizenship by Investment programme of the Commonwealth of Dominica, under which investors who purchase a share in the development for US$220,000 will be able to obtain citizenship of the country.

  SINGAPORE (Oct 21): Malaysia’s first Pan Pacific Serviced Suites, a joint venture by Singapore-based real estate developers Pacific Star and DB2 under their joint member company Pearl Discovery Development Sdn Bhd, is scheduled to open in early 2018 at Puteri Harbour in Nusajaya, Iskandar Malaysia.

LONDON (Oct 20): Battersea Power Station Development Company (BPSDC) and art’otel have confirmed the signing of a hotel management agreement for the art’otel london battersea power station, which is scheduled to open in 2019 in the heart of London.