KUALA LUMPUR (July 4): Indian-based OYO Hotels & Homes is experiencing an improvement in its business with the opening up of the local economy post Movement Control Order (MCO), reported The Edge Malaysia.
KUALA LUMPUR (July 3): The overall occupancy in Asia-Pacific remained low at less than 30% with room rates close to 50% of what they were in 2019, according to CBRE’s Implications for Asia Pacific Hotels June 2020 report.
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PETALING JAYA (June 22): Hotel operators are seeing a slight recovery in the industry following the reopening of domestic tourism and after drastic cost-cutting measures by hotel operators, said Malaysian Association of Hotels CEO Yap Lip Seng.
KUALA LUMPUR (June 17): YTL Corp Bhd's net profit for the third quarter ended March 31, 2020 dropped 66% to RM29.
KUALA LUMPUR (June 16): Genting Malaysia Bhd announced today that the casino and hotel operator's Resorts World Kijal and Resorts World Langkawi will reopen on Thursday (June 18).
KUALA LUMPUR (June 16): Berjaya Corp Bhd (BCorp) posted a net profit of RM412.
KUALA LUMPUR (June 12): The Berjaya Tioman Resort on Pulau Tioman in Pahang has announced that it will close permanently on June 15, the Malay Mail reported today.
KUALA LUMPUR (June 8): The Malaysian Association of Hotels (MAH) has denied a report on Astro Awani of a surge in hotel room bookings within an hour of the announcement of the recovery movement control order (RMCO) yesterday.
KUALA LUMPUR (June 8): It comes as no surprise that multiple surveys have shown that for most countries, domestic tourism will recover first before international tourism does.
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