KUALA LUMPUR (Bernama): G City Club Hotel Sdn Bhd, which manages a 180-room hotel under the trade name of GTower Hotel, is shutting down its hotel operations after a decade in the business due to a drop in occupancy rates.
G City Club Hotel said the decision to cease operations was a direct result of low occupancy suffered in the past few years from increased competition from new hotels and the proliferation of homestays in the Kuala Lumpur City Centre (KLCC) area.
