Hotels need life support, say trade group and union

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Title : Hotels need life support, say trade group and union
Category : Malaysians

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Hotels need life support, say trade group and union

The collapse of the tourism business because of Covid-19 has left Penang hotels in the doldrums. (Bernama pic)GEORGE TOWN: More hotels are likely to take drastic action to cut their losses because of the effect of the second movement control order, while a hotel union said its 8,000-odd members are in dire straits.This comes on the heels of news of the impending closure of the Equatorial, Penang’s largest hotel by number of rooms, and retrenchments by Shangri-La group hotels through voluntary separation schemes.Speaking to FMT, the Malaysian Association of Hotels (MAH) chief executive Yap Lip Seng said occupancy at most hotels had dipped below 20% after the second MCO was announced.He said with virtually no income for hotels during this MCO, the coming weeks appeared to be bleak.“After sustaining losses for close to a year, the present situation is worse.“Hotels will be forced…

The collapse of the tourism business because of Covid-19 has left Penang hotels in the doldrums. (Bernama pic)GEORGE TOWN: More hotels are likely to take drastic action to cut their losses because of the effect of the second movement control order, while a hotel union said its 8,000-odd members are in dire straits.This comes on the heels of news of the impending closure of the Equatorial, Penang’s largest hotel by number of rooms, and retrenchments by Shangri-La group hotels through voluntary separation schemes.Speaking to FMT, the Malaysian Association of Hotels (MAH) chief executive Yap Lip Seng said occupancy at most hotels had dipped below 20% after the second MCO was announced.He said with virtually no income for hotels during this MCO, the coming weeks appeared to be bleak.“After sustaining losses for close to a year, the present situation is worse.“Hotels will be forced…


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