PETALING JAYA (May 24): Malaysia hotel industry has suffered losses of over RM6.
KUALA LUMPUR (May 20): Sunway Real Estate Investment Trust's (Sunway REIT) net property income (NPI) for the quarter ended March 31, 2021 (3QFY21) fell 35.
PETALING JAYA (May 10): At least RM135 million of revenue in the food and beverage segment were evaporated during last year’s Ramadan period, due to the implementation of movement control order (MCO), according to Malaysian Association of Hotels (MAH).
Singapore (April 26): Despite the market slowdown due to the Covid-19 pandemic, the Singapore hospitality market has remained robust with the opening of several new hotels, reported CNA.
KUALA LUMPUR (April 21): The customer is not always right.
PUTRAJAYA (March 24): The Federal Court ruled today that hoteliers cannot use the 10% service charge paid by customers to meet the minimum wage requirement, and instead must pay their employees the charges collected in addition to their salaries.
KUALA LUMPUR (March 2): The world's first 'space hotel' will start construction in 2025 and “could be operational as early as 2027”, the Daily Mail reported yesterday.
KUALA LUMPUR (Feb 26): IGB Bhd reported a net loss of RM10.