ECM Libra identifies hotel ops as new core business
KUALA LUMPUR (May 5): ECM Libra Financial Group Bhd has identified hotel management and ownership as its new core business after disposing of its investment banking and securities business in 2012.
Tourism tax will affect hotel segment — KLCCP
KUALA LUMPUR (April 7): The new tourism tax bill that was just passed is expected to affect KLCCP Stapled Group, which owns Mandarin Oriental Kuala Lumpur Hotel that is already facing a challenging environment.
Paramount to develop Mercure hotel in Utropolis Glenmarie
PETALING JAYA (April 4): Paramount Corporation Bhd today announced the development of the hotel component in its integrated development in Shah Alam, Utropolis Glenmarie.
Yong Tai plans two new Melaka developments
PETALING JAYA (March 21): Property developer Yong Tai Bhd is planning two new developments with an estimated gross development value (GDV) of RM2.
Targeting extended stay residents, Element KL to debut in April 2017
KUALA LUMPUR (March 17): Element Kuala Lumpur, the first hotel in Southeast Asia under Element Hotels by Marriott International Inc, is slated to open for business in April 2017.
Living it up in LA
Luxury hotel operator Fairmont Hotels & Resorts, now part of the AccorHotels Group, has announced the signing of definitive agreements for the revitalisation and management of the historic Century Plaza Hotel, located in the heart of Century City in Los Angeles.
JLL: Overseas property investments by Chinese hit new high in 2016
PETALING JAYA (Jan 23): China has hit record sales of US$33 billion (RM146.
InterContinental Hotels to manage Ho Hup’s new hotel in Sabah
KUALA LUMPUR (Jan 20): Ho Hup Construction Co Bhd has appointed InterContinental Hotels Group (Asia Pacific) Pte Ltd (IHG) to manage its new Crowne Plaza Kota Kinabalu Waterfront hotel in Kota Kinabalu, Sabah.
M101 Dang Wangi set to be handed over by 2H2017
PETALING JAYA (Jan 5): M101 Holdings Sdn Bhd is targeting to handover the Small-office Flexible-office (SoFo) units in M101 Dang Wangi by 2H2017, according to the company’s founder and CEO Datuk Seth Yap Ting Hau.
