Savills News

Hotel transactions to pick up in the near term

It is not a surprise that the hospitality industry has been hit hard by the pandemic, even hotel transactions. However, there has been interest growing in Malaysian hotels, with property experts expecting a recovery in transactions.

According to our Managing Director, Datuk Paul Khong, "as we move in 2Q202, there will be some more hospitality assets for sale but this may not be from the international hotel chains."

Click this link to read further on some of the short-term expectations for the local hotel sector: http://sav.li/n4e

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