Time for the Hotel Industry to “Remove the Box”
The hotel industry is one of the worst-hit
industries during this crisis. A lot of studies have been conducted to help us
understand the impact on the economy and our organization’s bottom-line.
Industry experts, through their various associations, have predicted that the
average hotel occupancy in Malaysia for the year will stand at around 25% or
less. This is such a shame, knowing that 2020 was supposed to be Visit Malaysia
Year, and Tourism Malaysia would have spent millions of ringgits ...