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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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.
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.
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