fbpx
Connect with us

News

Kuala Lumpur’s Iconic Hotel Istana To Permanently Close Its Doors On 1 September

Published

My Post 2021 07 02T170021.915
Source: TripAdvisor & Hotel Istana

Follow us on Facebook, Youtube, Twitter, and Instagram for the latest stories and updates daily.

The iconic Hotel Istana on Jalan Raja Chulan, Kuala Lumpur will be closing its doors on 1 September.

Based on a report by Berita Harian, the hotel’s General Manager, Nooradzzudin Omar, shared that a Voluntary Separation Scheme (VSS) will be offered to the affected employees.

Hotel Istana 1

Nooradzzudin said that the difficult decision was made due to the challenging economic situation brought about by the Covid-19 pandemic, which further increased intense competition in the hospitality industry.

“We reached a decision after considering the current situation and all available options. We don’t have much choice other than to continue with this closure,” he explained.

The hotel’s efforts were also affected by new hotels and serviced apartments that arose nearby.

Hotel Istana 2

“The current situation is exacerbated by the Covid-19 pandemic that has and continues to affect our industry and its ability to reach normalcy. This affects our business, prices, returns and room bookings despite our best efforts,”

“Even as a quarantine hotel, we incurred monthly operation losses,” he added.

Tradewinds Corp Bhd, which owns Hotel Istana, is one of the largest hotel operators in Malaysia, with multiple hospitality assets located across the country.

We genuinely hope that the hospitality industry stays strong during these tough times.

What do you think about this? Let us know in the comment section.

 

Also read: Malaysia’s Genting Group Launches RM17.9 Billion Mega-Resort In Las Vegas

My Post 2021 07 01T153455.109

Source: TripAdvisor
Source: Hotel Istana

Follow us on Facebook, Youtube, Twitter, and Instagram for the latest stories and updates daily.



Just In

Feat Image Israeli Feat Image Israeli
News2 hours ago

BREAKING: PDRM Arrests Israeli National at Hotel in Ampang With 6 Firearms & Around 200 Bullets

The Inspector-General of Police (IGP) Tan Sri Razarudin bin Husain in a press conference today revealed a shocking revelation, whereby...

My Post 1 2024 03 29T161744.904 My Post 1 2024 03 29T161744.904
News6 hours ago

Here is the List of 2023 Tax Reliefs That You Can Benefit From This Year!

Every year, during tax season, the government announces tax reliefs to allow the people to reduce their chargeable income, which...

Feat Image Haniff Najib Wan Ji Feat Image Haniff Najib Wan Ji
News7 hours ago

“For security purposes” – Prominent M’sian Lawyer Says Najib Deserves Different Treatment in Jail

Previously, we shared how a former Kajang Prison inmate Wan Ji claimed that former Prime Minister Datuk Seri Najib Razak...

My Post 1 2024 03 29T144007.779 My Post 1 2024 03 29T144007.779
News7 hours ago

M’sian Mum Bashed for Accusing Foreigners of Attempted Kidnapping & Allowing Her 1YO to Walk Up Spoilt Escalator

Just a couple of days ago, 2 foreign workers were arrested for allegedly attempting to kidnap a 1-year-old child at...

Feat Image Kj Padu Feat Image Kj Padu
News8 hours ago

Khairy Jamaluddin Became Victim of Identity Theft After Someone Used His IC Number to Sign Up for PADU

Registrations for the Central Database Hub (PADU) will be closed this Sunday (31 March) and it looks like the database...

Collage123 2 Collage123 2
News8 hours ago

PETRONAS Earns the Crown of the Strongest Brand in the Oil & Gas Sector Worldwide!

With billions of cars driving on roads all around the world, using petrol is a big part of daily life...

My Post 1 2024 03 29T124131.137 My Post 1 2024 03 29T124131.137
News10 hours ago

“T20 wants to go shopping 1st” – M’sians Outraged by Delay in High-Value Goods Tax

On January 1, 2024, the Malaysian government implemented the Low-Value Goods (LVG) Tax, which imposed a 10% tax on the...

Collage 1 9 Collage 1 9
News10 hours ago

Former Inmate Claims Najib Wears Regular Clothes Like He’s at Home, Prison Dept Responds

It’s been nearly 2 years since Najib Razak went to prison but rumours about his “lifestyle” in prison is still...

Announcement

Latest Videos



TRENDING TODAY