Knight Frank: 50% of hospitality players stay positive on next 12 months

PETALING JAYA (Feb 2): Half of the industry players remain positive about the hospitality sector outlook in the next 12 months, with 45% feeling that the sector is on its way to recovery, albeit contingent on the progressive roll-out of the vaccine and opening up of international travel restrictions, a survey by property consultancy firm Knight Frank revealed.

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MCO: The impact on hotel transactions

KUALA LUMPUR (Jan 30): The various movement controls since March last year imposed by the government to combat the Covid-19 pandemic have no doubt been a big blow to the hospitality and tourism industries.

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Hoteliers say tourism sector "neglected again" in Permai aid package

KUALA LUMPUR (Jan 18): Local hoteliers say the RM15 billion Perlindungan Ekonomi dan Rakyat Malaysia (Permai) assistance package, which was just announced by Prime Minister Tan Sri Muhyiddin Yassin, falls short of expectation as the tourism industry continues to grapple with struggling businesses amid the on-going Covid-19 pandemic and recently imposed Movement Control Order (MCO 2.

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