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GAME CHANGER IN HOLIDAY STAYS

IF you are a travel bug, chances are you’ve heard of and stayed at a short-term rental accommodation (STRA) in Malaysia. ....

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Hospitality 360 inks hotel management agreement with Wyndham

Hospitality 360 inks hotel management agreement with Wyndham
ttgasia.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from ttgasia.com Daily Mail and Mail on Sunday newspapers.

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The manpower challenge

The lack of workers is hitting industries hard, with some businesses struggling to reopen. All parties should work together to affect systemic changes so that the country’s recovery is not derailed. ....

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About Dainik Jagran:News,News Headlines,News Today,Online News,Current News,Top News – Jagran.com

About Dainik Jagran:News,News Headlines,News Today,Online News,Current News,Top News – Jagran.com
jagran.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from jagran.com Daily Mail and Mail on Sunday newspapers.

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Hotel industry's defining moment

The industry is already running on massive losses due to low occupancy rates throughout 2020 until now.
Compounding matters is that there is little visibility in sight of when movement and travel bans will be lifted due to the third wave of the Covid-19 pandemic resulting from new highly transmissible and airborne variants.
Like many businesses that face challenging times, mergers and acquisitions deals involving hotels are popping up as owners opt to sell out rather than incur more losses. Meanwhile opportunistic buyers with fat wallets are scouring the scene.
Listings of hotels for sale in Malaysia have jumped 40% year-to-date due to rising interest from both local and overseas investors, says Previndran Singhe of Zerin Properties, adding that prices for hotel properties have dropped by as much as 35% as compared to pre-lockdown times. ....

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