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.
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.
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.
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.
KUALA LUMPUR (June 5): Berjaya Corporation Bhd (BCorp) said it has won a development tender approval by the City of Yokohama to develop projects involving a global luxury hotel and hotel condominium, together with aquarium and retail outlets.
KUALA LUMPUR (June 4): Tan Sri Vincent Tan Chee Yioun-controlled Berjaya Corp Bhd (BCorp) is seeking shareholder ratification for the disposal of its beneficial interest in Four Seasons Hotel & Hotel Residence in Kyoto, Japan to Godo Kiasha Tigre (GKT) for 50.
KUALA LUMPUR (June 4): More hotel closures seem to be the order of the day due to the Covid-19 pandemic and the latest casualties are three Swiss Garden International (SGI) hotels across the country, the New Straits Times (NST) reported today.
PETALING JAYA (May 27): A viral message circulating on WhatsApp on a list of hotels in Kuala Lumpur and Penang available for sale is a hoax.
KUALA LUMPUR (May 21): Singapore-listed property firm UOL Group Ltd, which owns and operates the Parkroyal and Pan Pacific hotel brands, is banking on the future growth of tourism in Malaysia, despite the current uncertainties in the hospitality industry, The Edge reported today.
KUALA LUMPUR (May 21): Since the start of the Movement Control Order on March 18, many hotels have had to cut costs and resort to temporary or even permanent closure of their businesses.
KUALA LUMPUR (May 20): After reporting lower earnings in its third quarter, analysts are expecting Sunway Real Estate Investment Trust's (Sunway REIT) fourth quarter to be weaker as it registers a full quarter’s impact from the Covid-19 outbreak as well as extended Movement Control Order (MCO).