YTL Corp's quarterly net profit down 66% as business hit by Covid-19
KUALA LUMPUR (June 17): YTL Corp Bhd's net profit for the third quarter ended March 31, 2020 dropped 66% to RM29.
Genting Malaysia to reopen Kijal and Langkawi resorts
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).
BCorp records RM412m profit for 3Q, supported by gain from sale of Four Seasons Kyoto
KUALA LUMPUR (June 16): Berjaya Corp Bhd (BCorp) posted a net profit of RM412.
Berjaya Tioman Resort to close down on June 15
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.
Hotel group denies report of surge in room bookings in Langkawi
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.
Hotels in which states are likely to recover first?
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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Recovery MCO phase augurs well for tourism, says hotels association
KUALA LUMPUR (June 7): The recovery movement control order (RMCO) phase from June 10 to Aug 31, which will relax interstate travel, meetings and workshops, augurs well for the tourism industry and marks the beginning of the recovery of domestic tourism.
Sandakan's Nak Hotel to close on June 15
KOTA KINABALU (June 7): Sandakan's the Nak Hotel (pictured) here will close its doors for the last time on June 15, reported The Star yesterday.
Confident of demand, Ri-Yaz set to launch villa resort in Langkawi
KUALA LUMPUR (June 6): A staggering number of hotels have been forced to shut down, either temporarily or permanently, thanks to the Covid-19 pandemic and subsequent implementation of the Movement Control Order on March 18 to curb its spread, The Edge reported today.
MAH: Three-month extension for wage subsidy programme not enough for hotels
KUALA LUMPUR (June 5): While the Malaysian Association of Hotels (MAH) has lauded the government’s three-month extension of the Wage Subsidy Programme (WSP), the association said it is not enough and called for a specific stimulus plan for tourism.
