Pent-up demand for travel among Malaysians has led to an increase in local hotel occupancy rate during the recent holidays, according to a hospitality chain company.
Oyo Malaysia reported that occupancy rate across its properties in the country increased by 22% on average during the Labour Day and Hari Raya Aidilfitri holidays. East Coast states in the peninsular saw the biggest jump, with occupancy rate up by 40%.
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