More empty premium hotel rooms in Klang Valley
HOTELS are struggling to fill their rooms due to a high supply coupled with the economic slowdown and less government and corporate business.
HOTELS are struggling to fill their rooms due to a high supply coupled with the economic slowdown and less government and corporate business.
PETALING JAYA (Sept 15): Sunway Pyramid Hotel West in Bandar Sunway, Petaling Jaya, will have a brand new name, Sunway Clio Hotel, effective Oct 1 this year, according to Sunway Hotels & Resorts — the hospitality division of property-construction conglomerate Sunway Group.
KUALA LUMPUR (Sept 13): VERITAS Design Group is one of the 2016 recipients of “Cityscape Awards Emerging Markets” award under the category of Leisure & Hospitality award (built) for its Sinkeh Hotel project in George Town, Penang by Dubai’s Cityscape Awards Global.
HOME sharing, such as through Airbnb and HomeAway, is gaining popularity as an avenue of income for property owners, especially those looking to gain some returns on their investments but do not want to lease their property for the long term.
SWITZERLAND’s financial centre, Zurich, is a bustling contemporary metropolis with a vibrant arts and culture scene, and a beautifully preserved old town with cobblestone streets and quaint churches.
PETALING JAYA (Sept 2): WCT Holdings Bhd’s Paradigm Mall Petaling Jaya aims to achieve 100% occupancy soon following the opening of 22 new outlets in the mall recently.
KUALA LUMPUR (Aug 29): Ireka Corp Bhd posted sharply higher net profit of RM27.
KUALA LUMPUR (Aug 26): Builder Matrix Concepts Holdings Bhd has recorded higher pre-tax profit of RM70.
KUALA LUMPUR (Aug 25): IGB Corp Bhd's second quarter net profit fell 2.
KUALA LUMPUR (Aug 25): Property developer and hotel operator Plenitude Bhd saw its net profit fall 84.