Sunday, September 26, 2010

Rise in Malaysia's hotel occupancy

KUALA LUMPUR: Hotels in the city with room rates above RM300 per night recorded an increase of six per cent occupancy, at 68 per cent compared with 62 per cent last year.

Hotels with room rates between RM200 to RM299 registered an increase of eight per cent to 67 per cent from the same period last year. Occupancy in hotels with room rates below RM200 but above RM100 also increased last year.

The recent survey was carried out by Horwath HTL Asia Pacific, a leading hospitality consulting organisation, with the cooperation of the Malaysian Association of Hotels (MAH). Hotels nationwide, including MAH member hotels, participated in the annual survey.

"We are pleased and honoured to present the eighth edition of the Malaysian Survey of Hotel Operations with the support of MAH," said Horwath HTL managing director Robert Hecker.

Hecker said the survey is an important and useful benchmark for the hotel industry in region.

The 2010 survey saw participating hotels optimistic on improving their occupancy levels with hotels in Kuala Lumpur and Kota Kinabalu projecting 12 per cent and 11 per cent increase, respectively.

Hotels in Penang, Petaling Jaya, Subang Jaya, Putrajaya and Bangi are projecting 10 per cent increases.

However, hotels in Langkawi are forecasting a lower increase of three per cent.

"The report is an authoritative and powerful analytical tool for tracking industry performance," said MAH president Datuk Mohd Ilyas Zainol Abidin.

He said the survey report is beneficial to the hospitality industry, financial institutions, and other interested parties in Malaysia.

*Taken from NST Online

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