Hotel industry’s defining moment - News Summed Up

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Hotel industry’s defining moment


OF the many businesses being pummelled by the pandemic globally, the hotel industry is an obvious victim. According to the MAH, average hotel occupancy rates for last year stood at 32%. Perhaps the biggest names to shut their doors recently are Hotel Istana Kuala Lumpur and Hotel Equatorial Penang. Impiana has a total of three hotels in Malaysia including Impiana KLCC, Impiana Hotel Senai and Impiana Hotel Ipoh. Lifting movement restrictionsAlmost every player in the hotel industry is banking on one thing -- for movement restrictions, both locally and internationally, to be lifted.


Source: The Star July 23, 2021 23:37 UTC



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