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Community

Hitting its stride in hospitality

AUM Hospitality Sdn Bhd (AUMH) grabbed headlines when they brought American diner franchise Johnny Rockets to Malaysia last year, but this was only the first step in the growth of a new food and beverage (F&B) empire.

Business

YTL Hospitality REIT fourth quarter earnings 11% up

PETALING JAYA: YTL Hospitality Real Estate Investment Trust (REIT) recorded a 10.95% jump in earnings to RM67.55mil for the fourth quarter to June 30 on the back of the better performance of its Australian properties as a result of an increase in room sales following the completion of a refurbishment exercise.

News

Hotel confident of prospects for hospitality industry

THE nation’s economy may be facing challenges, but hospitality establishments like the Dorsett Putrajaya is seeing the glass as half full.

Business

Sovereign wealth funds eye hospitality assets in India

NEW DELHI: In one of the biggest deals in the Indian hospitality industry, sovereign wealth funds of Abu Dhabi, Qatar and Malaysia are vying with each other to acquire two of India’s marquee properties for about US$322mil (RM1.06bil), according to a news report.

Business

Thai FCL eyes US$473mil hospitality REIT

SINGAPORE: Frasers Centrepoint Ltd (FCL) , a company controlled by Thai billionaire Charoen Sirivadhanabhakdi, is looking to raise up to S$600mil through the listing of a hospitality real estate investment trust in Singapore in the second quarter, sources said

Education

All about food, travel and the hospitality sector

IF you have a passion for wining and dining and travelling to foreign lands, don’t miss the Culinary Arts, Hospitality & Tourism Management career talk at the Star Education fair this month.

Business

Impiana set for expansion in hospitality business

PHUKET: Bio Osmo Sdn Bhd, soon to be renamed as Impiana Hotel Bhd (Impiana), is embarking on a multi-million ringgit expansion of its hospitality business, following the proposed acquisition of five companies for nearly RM426mil.

Business

WCT to focus on hospitality, shopping malls

KLANG: WCT Bhd will focus on new growth in its hospitality and shopping mall divisions. Plans are also underway to have a mall in Johor and another in Petaling Jaya.

Education

Hospitality schools with ?niche’ factor

THE Swiss Education Group (SEG) is a network of leading hospitality institutions specialising in undergraduate and postgraduate education located in Switzerland, right in the heart of Europe.

Business

Blackstone, Gaw Capital weigh bids for Ascendas Hospitality Trust

SINGAPORE: Private equity investors Blackstone Group LP and Gaw Capital Partners are weighing separate bids for Singapore's Ascendas Hospitality Trust, people familiar with the matter said, eyeing a target with a market value US$600 million.