News about hotel

KUALA LUMPUR (Aug 7): State investment arm Johor Corp (JCorp) is looking for buyers for The Puteri Pacific Hotel in Johor Bahru and Hotel Selesa Pasir Gudang, according a report by The Edge Malaysia.

SINGAPORE (Aug 4): The Standard hotel (pictured) is set to open in Singapore in 2023, along Orange Grove Road and opposite Shangri-La Singapore.

KUALA LUMPUR (July 31): Covid-19  and the numerous movement control restrictions imposed since March last year have no doubt badly impacted the hospitality industry and forced many owners to put up their hotels for sale.

PETALING JAYA (July 9): Singapore-based Selo Group is collaborating with Impiana Hotels Bhd to rollout a vacation home development - Samãja Selo Private Residences, in Tioman Island, Pahang.

Being the first country to get impacted by the Covid-19 pandemic in 2020, China saw its hotel sector badly affected with the imposed rules of travel restrictions to contain the spread of the deadly coronavirus and the absence of international travellers.

KUALA LUMPUR (July 1): Five-star Hotel Istana Kuala Lumpur is targeted to close on Sept 1 after about 30 years of operations due to the Covid-19 pandemic and prolonged lockdowns.

KUALA LUMPUR (June 12): Times are bleak for the hotel industry and it predicts that things will not improve for the time being.

PETALING JAYA (May 24): Malaysia hotel industry has suffered losses of over RM6.

KUALA LUMPUR (May 20): Sunway Real Estate Investment Trust's (Sunway REIT) net property income (NPI) for the quarter ended March 31, 2021 (3QFY21) fell 35.

PETALING JAYA (May 10): At least RM135 million of revenue in the food and beverage segment were evaporated during last year’s Ramadan period, due to the implementation of movement control order (MCO), according to Malaysian Association of Hotels (MAH).