News about hotel

SHAH ALAM (April 5): The four-star DoubleTree by Hilton i-City Hotel, the second hotel in I-Bhd’s flagship i-City mixed development here, is scheduled to be completed and open for business in 2018.

PETALING JAYA (April 1): Sunway Hotels & Resorts, the hospitality arm of property-construction conglomerate Sunway Group, will invest RM875 million to facilitate the redevelopment and expansion of its hotels across Malaysia, Cambodia and Vietnam.

KUALA LUMPUR (April 1): Aseana Properties Ltd, a London-listed property developer in which Ireka Corp Bhd has a 23% stake, is selling the Aloft Kuala Lumpur Sentral Hotel in Malaysia to Prosper Group Holdings Ltd for RM418.

KUALA LUMPUR (March 30): Although Kuala Lumpur City Hall (DBKL) has restricted approvals to develop new hotels, luxury apartments and office developments, the authorities will still allow applications for selected mixed commercial developments, said Federal Territories Minister Tengku Adnan Tengku Mansor.

PETALING JAYA (March 23): Binastra Land Sdn Bhd, a wholly-owned subsidiary of Binastra Group, is in talks with AccorHotels Group to bring in a new hotel brand to its upcoming mixed development ION at Jalan Sungai Besi, said Binastra Land executive director Datuk Ong Theng Soon.

KUALA LUMPUR (MARCH 18): Specialist commercial real estate sector has become an established favourite of ultra-high net wealth individual (UHNWI) investors over the past decade, according to international property consultancy Knight Frank.

KUALA LUMPUR (March 9): KSK Land Sdn Bhd’s (KSK Land) Kempinski Hotel at its 8 Conlay development here was recognised by the Ministry of Tourism and Culture (MOTA) as an Entry Point Project (EPP) under the tourism National Key Economic Areas (NKEA) in Malaysia’s Economic Transformation Programme  (ETP).

DOHA (Feb 29): Shangri-La Hotels and Resorts welcomed a new hotel in Doha, Qatar – the Shangri-La Hotel, Doha, the latest addition to its line of existing hotels – on Feb 23.

KUALA LUMPUR (Feb 24): Genting Malaysia Bhd (Genting Malaysia) is raising its investment to RM10.

PETALING JAYA (Feb 16): Singapore-listed property developer Oxley Holdings Ltd (Oxley) has announced it will open its 207-room So Sofitel Hotel and a 590-key So Sofitel Residences in the heart of Kuala Lumpur City Centre (KLCC) area in 2020, it said in a press statement today.