Tune Group Hotels cut by half, asset sale planned

PETALING JAYA (July 6): Tan Sri Tony Fernandes’ Tune Group has slashed the number of its Tune Hotels worldwide, ended its partnership with Bangkok-based Red Planet Hotels and put several of its assets up for sale, reports The Edge Malaysia in its current issue.

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The Burj wins again

Dubai’s Burj Al Arab Jumeirah was voted “Best Hotel in the World” in The Telegraph’s “Ultimate Luxury Travel Related Awards (Ultras)” for the third year in a row.

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Malton bags RM208 mil contract to build Royale Pavilion Hotel

KUALA LUMPUR (May 18): Property developer Malton Bhd announced that its wholly-owned unit Domain Resources Sdn Bhd has received a letter of award for a RM208 million worth of contract from Harmoni Perkasa Sdn Bhd to build one block of Royale Pavilion Hotel, which is located along Jalan Bukit Bukit Bintang and Jalan Raja Chulan.

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Tune Hotels announces global expansion plans

PETALING JAYA (April 29): Tune Hotels Group today announced of global expansion plans through new organisational functions in two main core approaches – brand, assets and capital markets, and development and hotel management.

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