News about hotel

The Tank Stream Hotel is a 15-storey hotel building with 280 rooms.

AmanahRaya REIT, which is expected to record a gain of RM45 million, said the proposed disposal is in line with the trust’s growth strategy to unlock and realise higher returns on its investments at a favourable price.

The group — comprising KLCCP and KLCC REIT — saw quarterly revenue grow 18.

On Wednesday, the hotels and resorts operator announced that it had entered into a Memorandum of Understanding (MoU) with Choo Kok Yeow, a major shareholder of Cafelink who represents the existing shareholders of the company, to acquire 217,000 ordinary shares in the F&B operator.

Advance Opportunities Fund ceased to be a substantial shareholder of Impiana on April 14 after selling 21.

KSL Esplanade Hotel features 403 contemporary guestrooms and suites.

The 238-room INNSiDE by Meliá Kuala Lumpur Cheras is expected to open its doors this month.

In a joint statement on Wednesday (Feb 8), seven associations representing retailers and the owners and operators of hotels, theme parks and shopping malls lament that their monthly energy bills have gone up by at least 20% to 30% compared to the previous year, despite similar usage levels.

"The hotel sector has found it to be difficult to replenish our workforce as hotel jobs are perceived as 3D -- dirty, dangerous and difficult — which has long been considered unappealing by locals.

"Among the steps that need to be taken is to immediately reintroduce a strict standard operating procedure as a preparedness measure in addition to ensure that Malaysia becomes a destination of choice for foreign tourists to visit.