Hotel revenues hurt by overbuilding, Airbnb

Hotel revenues hurt by overbuilding, Airbnb

The Malaysian Reserve-News·2019-09-06 13:06

Figures show KL recorded the lowest RevPAR among key Asean cities as of May this year despite the rise in travellers

OVERBUILDING of hotels in Kuala Lumpur (KL) and the shift by foreign travellers to opt for short-rental units offered under Airbnb are hurting hotel operators at the nation’s capital.

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