There has been a slowdown in tourist arrivals from Asia, US and Europe.
THE occupancy rate of hotels in Penang for 2015 is not expected to better the achievement of 62.33% last year.
Malaysian Association of Hotels (MAH) Penang chairman Khoo Boo Lim said from January to July 2015, the hotel occupancy declined to 55.39% from 66.44% in the same period in 2014.
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