News about hotel

PETALING JAYA (Feb 10): International hospitality group Best Western Hotels & Resorts opened its first hotel in Faisalabad, Pakistan -- its third hotel in the country.

The historic Hotel del Coronado, popularly known as The Del, was inspired by the natural beauty of Coronado island.

CYBERJAYA (Jan 18): Container Hotel Group, Everly Group and BND Global Development signed a memorandum of collaboration to develop Cyberjaya’s first international youth hotel today.

  SINGAPORE (Jan 6): GuocoLand Ltd and AccorHotels have signed a deal for the management of GuocoLand’s two newly-built hotels: the Sofitel Singapore City Centre at Tanjong Pagar Centre, Singapore, and the Sofitel Kuala Lumpur Damansara at Damansara City, Kuala Lumpur.

BANGKOK (Dec 16): Best Western Hotels & Resorts recently launched the Best Western Plus Eastern Palace hotel in Mandalay, Myanmar.

KUALA LUMPUR (Dec 10): The east coast Malaysian state of Kelantan will soon have another five-star hotel.

JOHOR BAHRU (Dec 9):Mah Sing Group Bhd will develop the second Ramada hotel in the city, the Ramada Meridin Johor Bahru.

BANGKOK (Dec 9): International real estate consultant firm CBRE has published a market view report of Bangkok’s office, luxury hotel and retail sectors for 3Q2015.

SIME Darby Bhd is making a second attempt in six years at disposing of its hospitality asset Hotel Equatorial Melaka for an estimated RM180 million, which would also involve assuming the hotel’s debt.

Maintain neutral with an unchanged target price of RM8.