News about hotel

PETALING JAYA (Nov 16): Singapore company ICP Ltd has put Travelodge City Centre, located near Central Market in Kuala Lumpur, up for sale as part of a strategy to become asset-light, the Edge reported today.

PETALING JAYA (Nov 16): The Employees Provident Fund (EPF) has sought approval from City Hall to convert Wisma KFC, its long-vacant office building in Kuala Lumpur into a 430-room luxury-class hotel, the Edge reported today.

For many years, office landlords have charged rents for the provision of standard office space on fixed terms.

KUALA LUMPUR (Nov 11): Construction company GDB Holdings Bhd, which made its debut on the ACE Market of Bursa Malaysia a year and a half ago, is aiming to achieve a turnover of RM1 billion in the next five years.

PETALING JAYA (Nov 2): The four-star Wolo Hotel Bukit Bintang in Kuala Lumpur has been sold for RM115 million or RM864,661 per room, according to an article in The Edge today by Vasantha Ganesan.

PETALING JAYA (Oct 31): Budget hotels are hoping that an app will help them to counter the increasing popularity of Airbnb accommodation online travel agencies.

KUALA LUMPUR (Oct 26): Thailand-based Minor Hotel Group (MHG) is already considering building a hotel in the city even as it is set to open the Anantara Desaru Coast Resort & Villas in Johor on Dec 1, reported The Edge Malaysia.

KUALA LUMPUR (Oct 25): Pavilion Real Estate Investment Trust’s (REIT) net property income fell 3.

Ever wish to lie down when you are tired due to an odd time flight or waiting for a transit? Container Hotel Group (CHG), the operator of CapsuleTransit in Kuala Lumpur International Airport 2 (klia2), is mulling new additions to the airport to satisfy different demands.

KUALA LUMPUR (Oct 9): Former Federal Land Development Authority (Felda) director-general Datuk Hanapi Suhada appeared to give conflicting testimony today on the question of whether or not approval was given by the Felda board for Felda Investment Corporation Sdn Bhd (FIC) to purchase Merdeka Palace Hotel and Suites in Kuching for RM160 million.