Berjaya Land narrows 4QFY2025 net loss to RM15.43 million on stronger hotel earnings
Looking ahead, Berjaya Land expects improved performance in its domestic segments, supported by stronger consumer spending and recovering tourism.
Mah Sing’s RM260m Corus Hotel land deal pricey but reasonable at RM4,019 psf—analysts
Mah Sing plans to redevelop the land into high-end serviced apartments with an estimated gross development value (GDV) of RM1.
MUI found a buyer for Corus Hotel KL, sources say
It is learnt that MUI is fetching a price in the range of RM250 million to RM280 million for the four-star hotel that is a stone’s throw from the Petronas Twin Towers.
Exsim Hospitality to manage RM45m Summit Hotel revamp, lease it for at least three years
Exsim Hospitality’s unit, Mana Mana Holdings Sdn Bhd, will manage the 15-month refurbishment for a fixed fee of RM220,000.
More than 10,000 European hotels seeking damages from Booking.com
The clauses ban the hotels from offering rooms on their websites at a lower rate and are seen by them as illegal.
TSM Global to convert Eastin Hotel Kuala Lumpur to Petaling Jaya Marriott Hotel
The renovation will take 18 months and is slated for completion in December 2026.
SST revision no grounds for hotel rate hikes—MOF
The MOF added that if hotels proceed to raise rates on the pretext of the SST, the government, through the Ministry of Domestic Trade and Cost of Living (KPDN), will examine the matter to prevent unreasonable price increases.
OYO launches SUNDAY Hotel in Malaysia, with 10 upcoming hotels in 2025
SUNDAY Hotel was originally launched in May 2023 in India by a joint venture between Softbank and Oravel Stays.
Unitholders give green light to Pavilion REIT's RM480 mil hotel acquisitions
Post-acquisition, the hotels will comprise approximately 5.
