Royale Chulan Bukit Bintang sold at RM177 million, 10% lower than original price
PETALING JAYA (Jan 18): Singapore-listed Hotel Royal purchased the Royale Chulan Bukit Bintang Hotel Kuala Lumpur at RM177.
PETALING JAYA (Jan 18): Singapore-listed Hotel Royal purchased the Royale Chulan Bukit Bintang Hotel Kuala Lumpur at RM177.
KUALA LUMPUR (Jan 17): The Malaysia Budget Hotels Association (MyBHA) yesterday demanded that the government act fast to help its association members, their employees and all tourism players who are hugely impacted by the reinstatement of the movement control order (MCO).
KUALA LUMPUR ((Jan 12): While he agrees with the need for the movement control order (MCO) to imposed in the six states, Malaysian Association of Hotels (MAH) chief executive officer Yap Lip Seng (pictured) has to admit that it will further damage the local tourism and hospitality industry.
LUMUT (Dec 27): The occupancy rates in hotels nationwide are expected to continue to increase next year when the Recovery Movement Control Order (RMCO) is lifted end of this year.
KUALA LUMPUR (Dec 26): The tourism industry took a heavy blow from the Covid-19 pandemic in 2020.
PETALING JAYA (Dec 23): The tourism industry is asking for more assistance as the situation has not improved -- the industry is in need of higher wage subsidy, discounts for utilities as well as waiver of fees, licenses and permits, said Malaysian Association of Hotels (MAH).
KUALA LUMPUR (Dec 21): KSK Land, the property division of KSK Group Bhd, has obtained a RM650 million syndicated facility from Malayan Banking Bhd (Maybank) and Bank Pembangunan Malaysia Bhd (BPMB) for the completion of 8 Conlay Kempinski Hotel & Residences (Tower C), part of the 8 Conlay integrated development.
KUALA LUMPUR (Nov 18): Bleeding hotel operations continued to drag the third quarter ended Sept 30, 2020 (3QFY20) of TA Enterprise Bhd (TAE) and its 60% subsidiary TA Global Bhd deeper into the red.
Kuala Lumpur (Nov 16): IHG® (InterContinental Hotels Group) has signed a landmark deal to bring boutique upscale brand Hotel Indigo® to Kuala Lumpur in partnership with Techvance Properties Management Sdn Bhd.
WFH is no longer limited to working from home! Hotels around the world are opening up their rooms and public spaces for working professionals to help cushion the blow from the shortage of guests due to the Covid-19 pandemic.