News about hotel

Selena Teoh and her husband just came back to Kuala Lumpur from a two day-one night short getaway in Melaka.

KUALA LUMPUR (Nov 18): Talam Transform Bhd is selling its entire 85% stake in Jilin Province Maxcourt Hotel Ltd (JPMHL) together with an assignment amount of creditors rights to Jilin Provincial Expressway Group Co Ltd (JPEGCL) for a combined cash sum of 72.

KUALA LUMPUR (Nov 12): Impiana Hotels Bhd said it has triggered the prescribed criteria of Practice Note 17 (PN17) under the Main Market Listing Requirements but will not be classified as a PN17 company, thanks to Bursa Malaysia's relief measures.

KUALA LUMPUR (Oct 15): Axteria Group Bhd, which was formerly known as Acoustech Bhd, announced on Friday it has signed a non-binding letter of intent with Far East Hospitality Management (S) Pte Ltd (FEH) expressing its intent in managing the hotel and serviced suites located in Kota Laksamana, Melaka which are currently being developed by its wholly-owned subsidiaries Axteria Assets Sdn Bhd and Axteria Eco Sdn Bhd.

PETALING JAYA (Sept 30): Sunway Bhd's Sunway Hospitality has announced that it will be launching its RM160 million Sunway Hotel Big Box in phases starting from Oct 1, following Johor’s transition to Phase 2 of the National Recovery Plan as well as in preparation of welcoming domestic tourists after the expected reopening of interstate travel.

KUALA LUMPUR (Sept 29): Regional hospitality operator Impiana Hotel Bhd will commence the development of Impiana Resort & Residences in Cherating (Impiana Cherating) (pictured), Kuantan, which carries a gross development value (GDV) of RM380 million.

SINGAPORE (Sept 22): The Pan Pacific Hotels Group will launch 13 new properties across 10 key gateway cities by 2024, Business Times reported today.

KUALA LUMPUR (Sept 16): Hotel Royal Penang (pictured) will permanently cease operations “soon”, the New Straits Times (NST) reported yesterday.

KUALA LUMPUR (Aug 30): Kenanga Research said while Genting Bhd’s first half ended June 30, 2021 (1HFY21) core loss of RM111 million missed expectations, strong UK and US numbers in the second quarter (2QFY21) due to reopening and relaxing operating restrictions led the research house to believe that a swift recovery is in store for Resort World Group and Resort World Singapore once business and borders reopen.

The global pandemic has confronted the hospitality sector with an unprecedented challenge.