KUALA LUMPUR (Aug 30): Kenanga Research said while Genting Bhd’s first half ended June 30, 2021 (1HFY21) core loss of RM111 million missed expectations, strong UK and US numbers in the second quarter (2QFY21) due to reopening and relaxing operating restrictions led the research house to believe that a swift recovery is in store for Resort World Group and Resort World Singapore once business and borders reopen.
SHAH ALAM (Aug 27): The Selangor government is in the midst of studying a proposal to reduce or offer deferment of payments of assessment tax, quit rent and business permit fees borne by hotel and accommodation operators in the state.
KUALA LUMPUR (Aug 9): The green light for tourism activities within each state involving homestays and hotels for individuals who have been fully vaccinated under Phase 2 and the subsequent phases of the National Recovery Plan (PPN) can benefit the tourism industry.
KUALA LUMPUR (Aug 7): State investment arm Johor Corp (JCorp) is looking for buyers for The Puteri Pacific Hotel in Johor Bahru and Hotel Selesa Pasir Gudang, according a report by The Edge Malaysia.
SINGAPORE (Aug 4): The Standard hotel (pictured) is set to open in Singapore in 2023, along Orange Grove Road and opposite Shangri-La Singapore.
PETALING JAYA (July 9): Singapore-based Selo Group is collaborating with Impiana Hotels Bhd to rollout a vacation home development - Samãja Selo Private Residences, in Tioman Island, Pahang.
Being the first country to get impacted by the Covid-19 pandemic in 2020, China saw its hotel sector badly affected with the imposed rules of travel restrictions to contain the spread of the deadly coronavirus and the absence of international travellers.
KUALA LUMPUR (July 1): Five-star Hotel Istana Kuala Lumpur is targeted to close on Sept 1 after about 30 years of operations due to the Covid-19 pandemic and prolonged lockdowns.