News about hotel

The hotel is designed for gatherings, featuring a 703-sqm grand ballroom, four meeting rooms and a wedding pavilion.

The hotel, formerly Eastin Hotel Kuala Lumpur, was sold by CP Group to a private vehicle linked to former investment banker Datuk Lim Kheng Yew, founder of KYM Holdings Bhd KUALA LUMPUR (Dec 29): Marriott Hotels, the flagship brand of Marriott Bonvoy, announced the opening of the 393-key Petaling Jaya Marriott Hotel.

YTL Hotels had announced the acquisition of the Thistle Johor Bahru hotel from GuocoLand Ltd for RM150 million in September this year.

The hotel’s management has implemented smart energy systems, including motion-sensor lighting, optimised air-conditioning controls and efficiency chillers.

Earnings per share for the first quarter ended Sept 30, 2025 (1QFY2026) improved to 0.

“The agreement is the second-largest hotel transaction on record in New Zealand this year,” Invest New Zealand, the government agency dedicated to facilitating foreign direct investment, announced on Tuesday.

Sunway REIT said the sale is part of its ongoing capital recycling strategy to optimise portfolio quality and long-term value creation.

The sale was completed on Oct 24, Mulpha noted.

Looking ahead, Berjaya Land expects improved performance in its domestic segments, supported by stronger consumer spending and recovering tourism.

Mah Sing plans to redevelop the land into high-end serviced apartments with an estimated gross development value (GDV) of RM1.