News about hotels

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

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.

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.

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).

KUALA LUMPUR (May 8): Low Yat Group chairman Tan Sri Low Yow Chuan (pictured) passed away today, according to a family member.

Singapore (April 26): Despite the market slowdown due to the Covid-19 pandemic, the Singapore hospitality market has remained robust with the opening of several new hotels, reported CNA.

Beyond our shores, it goes without saying the hotel industry is similarly in deep water as it is a sector that relies heavily on foreign travellers as its main income source.

Over the weeks since the second Movement Control Order (MCO) was reinstated almost nationwide on Jan 13, 2021, news of hotels doing the “impossible” have been reported by the media.