{"id":28649,"date":"2022-05-16T22:56:43","date_gmt":"2022-05-16T15:56:43","guid":{"rendered":"https:\/\/www.asiapropertyawards.com\/?p=28649"},"modified":"2024-09-19T16:53:00","modified_gmt":"2024-09-19T09:53:00","slug":"hotel-investments-in-malaysia-slated-to-rise-in-2022","status":"publish","type":"post","link":"https:\/\/www.asiapropertyawards.com\/en\/hotel-investments-in-malaysia-slated-to-rise-in-2022\/","title":{"rendered":"Hotel investments in Malaysia slated to rise in 2022"},"content":{"rendered":"

The MAH predicted that hotel occupancy will exceed 60 percent in Q3 2022<\/span><\/p>\n

\"\"
Entry regulations have been simplified in contrast to last year’s, which may raise demand for tourism products. TY Lim\/Shutterstock<\/figcaption><\/figure>\n

According to CBRE Asia Pacific’s latest <\/span>Kuala Lumpur Hotel Market Outlook & Prospects 2022<\/span><\/i> report, more than 3,000 new hotel rooms and hotel suites are slated to open in Kuala Lumpur this year. Also, between 2023 and 2025, 1,260 new hotel rooms will be available.<\/span><\/p>\n

Asset quality, upside story, and buyer profile are crucial in obtaining sufficient funding in the current lending market for hospitality assets across the area. Financial institutions are expected to stay interested in participating in Malaysia’s hospitality sector’s growth trajectory as the economy and tourism industry improve this year.<\/span><\/p>\n

The return of Singaporean visitors, which has historically been Malaysia’s largest market, accounting for an average of 46 percent of overall arrivals between 2015 and 2019, is likely to drive tourism recovery in 2022.<\/span><\/p>\n

More: Reopening of the Singapore-Malaysia borders causes a surge in business in Johor<\/strong><\/a><\/p>\n

For more than a year, hotels, restaurants, casinos, golf resorts, entertainment centres, and sporting venues have been closed in the government’s and public health officials’ effort to minimize, and eventually stop, the spread of the coronavirus. These businesses acted promptly to reduce the impact on their operations, including cutting staff and costs, as well as turning digital, until they were given permission to reopen.<\/span><\/p>\n

The Malaysian Association of Hotels (MAH) estimates that the industry lost MYR10 billion (USD2.3 billion) in revenues last year, which was an increase from 2020’s MYR6.3 billion (USD1.4 billion). Moreover, during the Movement Control Order in 2020, the industry lost approximately MYR300 million in revenue every two weeks.<\/span><\/p>\n

The MAH predicted that hotel occupancy will exceed 60 percent in Q3 2022, which can be attributed to international visitors. Entry regulations have been simplified in contrast to last year’s, which may raise demand for tourism products, as reported by <\/span>The Sun Daily<\/span><\/a>.<\/span><\/p>\n

A week after Malaysia reopened its borders after two years, it has been observed by hoteliers that local and international visitors are now willing to spend more on higher-end rooms when they travel.\u00a0<\/span><\/p>\n

CBRE Hotels associate director Teo Junrong emphasised that before the pandemic, tourists were more price-sensitive, but with safety now being their top priority, they are more inclined to spending a bit more to ensure their safety.<\/span><\/p>\n

The Property Report editors wrote this article. For more information, email: propertyreport@propertyguru.com<\/a>.<\/span><\/i><\/p>\n","protected":false},"excerpt":{"rendered":"

The MAH predicted that hotel occupancy will exceed 60 percent in Q3 2022<\/p>\n","protected":false},"author":12,"featured_media":28650,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"inline_featured_image":false,"footnotes":""},"categories":[92,1],"tags":[2110],"class_list":["post-28649","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","category-property-report","tag-hotel-investment","news_country-malaysia","news_author-property-report"],"acf":[],"yoast_head":"\nHotel investments in Malaysia slated to rise in 2022 | Asia Property Awards<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.asiapropertyawards.com\/en\/hotel-investments-in-malaysia-slated-to-rise-in-2022\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Hotel investments in Malaysia slated to rise in 2022 | Asia Property Awards\" \/>\n<meta property=\"og:description\" content=\"The MAH predicted that hotel occupancy will exceed 60 percent in Q3 2022\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.asiapropertyawards.com\/en\/hotel-investments-in-malaysia-slated-to-rise-in-2022\/\" \/>\n<meta property=\"og:site_name\" content=\"Asia Property Awards\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/asiapropertyawards\" \/>\n<meta property=\"article:published_time\" content=\"2022-05-16T15:56:43+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2024-09-19T09:53:00+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.asiapropertyawards.com\/wp-content\/uploads\/2022\/05\/shutterstock_2091023428.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1000\" \/>\n\t<meta property=\"og:image:height\" content=\"667\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Contributing Writer\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@AsiaPropAwards\" \/>\n<meta name=\"twitter:site\" content=\"@AsiaPropAwards\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Contributing Writer\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.asiapropertyawards.com\\\/en\\\/hotel-investments-in-malaysia-slated-to-rise-in-2022\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.asiapropertyawards.com\\\/en\\\/hotel-investments-in-malaysia-slated-to-rise-in-2022\\\/\"},\"author\":{\"name\":\"Contributing Writer\",\"@id\":\"https:\\\/\\\/www.asiapropertyawards.com\\\/en\\\/#\\\/schema\\\/person\\\/60e0732a149bc2fbe99629e45c8be3c2\"},\"headline\":\"Hotel investments in Malaysia slated to rise in 2022\",\"datePublished\":\"2022-05-16T15:56:43+00:00\",\"dateModified\":\"2024-09-19T09:53:00+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.asiapropertyawards.com\\\/en\\\/hotel-investments-in-malaysia-slated-to-rise-in-2022\\\/\"},\"wordCount\":419,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\\\/\\\/www.asiapropertyawards.com\\\/en\\\/#organization\"},\"image\":{\"@id\":\"https:\\\/\\\/www.asiapropertyawards.com\\\/en\\\/hotel-investments-in-malaysia-slated-to-rise-in-2022\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.asiapropertyawards.com\\\/wp-content\\\/uploads\\\/2022\\\/05\\\/shutterstock_2091023428.jpg\",\"keywords\":[\"hotel investment\"],\"articleSection\":[\"News\",\"Property Report\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\\\/\\\/www.asiapropertyawards.com\\\/en\\\/hotel-investments-in-malaysia-slated-to-rise-in-2022\\\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.asiapropertyawards.com\\\/en\\\/hotel-investments-in-malaysia-slated-to-rise-in-2022\\\/\",\"url\":\"https:\\\/\\\/www.asiapropertyawards.com\\\/en\\\/hotel-investments-in-malaysia-slated-to-rise-in-2022\\\/\",\"name\":\"Hotel investments in Malaysia slated to rise in 2022 | Asia Property Awards\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.asiapropertyawards.com\\\/en\\\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\\\/\\\/www.asiapropertyawards.com\\\/en\\\/hotel-investments-in-malaysia-slated-to-rise-in-2022\\\/#primaryimage\"},\"image\":{\"@id\":\"https:\\\/\\\/www.asiapropertyawards.com\\\/en\\\/hotel-investments-in-malaysia-slated-to-rise-in-2022\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.asiapropertyawards.com\\\/wp-content\\\/uploads\\\/2022\\\/05\\\/shutterstock_2091023428.jpg\",\"datePublished\":\"2022-05-16T15:56:43+00:00\",\"dateModified\":\"2024-09-19T09:53:00+00:00\",\"breadcrumb\":{\"@id\":\"https:\\\/\\\/www.asiapropertyawards.com\\\/en\\\/hotel-investments-in-malaysia-slated-to-rise-in-2022\\\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\\\/\\\/www.asiapropertyawards.com\\\/en\\\/hotel-investments-in-malaysia-slated-to-rise-in-2022\\\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/www.asiapropertyawards.com\\\/en\\\/hotel-investments-in-malaysia-slated-to-rise-in-2022\\\/#primaryimage\",\"url\":\"https:\\\/\\\/www.asiapropertyawards.com\\\/wp-content\\\/uploads\\\/2022\\\/05\\\/shutterstock_2091023428.jpg\",\"contentUrl\":\"https:\\\/\\\/www.asiapropertyawards.com\\\/wp-content\\\/uploads\\\/2022\\\/05\\\/shutterstock_2091023428.jpg\",\"width\":1000,\"height\":667,\"caption\":\"Entry regulations have been simplified in contrast to last year's, which may raise demand for tourism products. TY Lim\\\/Shutterstock\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\\\/\\\/www.asiapropertyawards.com\\\/en\\\/hotel-investments-in-malaysia-slated-to-rise-in-2022\\\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\\\/\\\/www.asiapropertyawards.com\\\/en\\\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Hotel investments in Malaysia slated to rise in 2022\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\\\/\\\/www.asiapropertyawards.com\\\/en\\\/#website\",\"url\":\"https:\\\/\\\/www.asiapropertyawards.com\\\/en\\\/\",\"name\":\"Asia Property Awards\",\"description\":\"PropertyGuru Asia Property Awards\",\"publisher\":{\"@id\":\"https:\\\/\\\/www.asiapropertyawards.com\\\/en\\\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\\\/\\\/www.asiapropertyawards.com\\\/en\\\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\\\/\\\/www.asiapropertyawards.com\\\/en\\\/#organization\",\"name\":\"Asia Property Awards\",\"url\":\"https:\\\/\\\/www.asiapropertyawards.com\\\/en\\\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/www.asiapropertyawards.com\\\/en\\\/#\\\/schema\\\/logo\\\/image\\\/\",\"url\":\"https:\\\/\\\/www.asiapropertyawards.com\\\/wp-content\\\/uploads\\\/2023\\\/12\\\/Trophy_2.png\",\"contentUrl\":\"https:\\\/\\\/www.asiapropertyawards.com\\\/wp-content\\\/uploads\\\/2023\\\/12\\\/Trophy_2.png\",\"width\":1920,\"height\":1080,\"caption\":\"Asia Property Awards\"},\"image\":{\"@id\":\"https:\\\/\\\/www.asiapropertyawards.com\\\/en\\\/#\\\/schema\\\/logo\\\/image\\\/\"},\"sameAs\":[\"https:\\\/\\\/www.facebook.com\\\/asiapropertyawards\",\"https:\\\/\\\/x.com\\\/AsiaPropAwards\",\"https:\\\/\\\/www.instagram.com\\\/asiapropertyawards\\\/\",\"https:\\\/\\\/www.linkedin.com\\\/showcase\\\/asia-property-awards\",\"https:\\\/\\\/www.youtube.com\\\/channel\\\/UCCMEFMU-KW5dEKfb5dPTL9Q\"]},{\"@type\":\"Person\",\"@id\":\"https:\\\/\\\/www.asiapropertyawards.com\\\/en\\\/#\\\/schema\\\/person\\\/60e0732a149bc2fbe99629e45c8be3c2\",\"name\":\"Contributing Writer\",\"url\":\"https:\\\/\\\/www.asiapropertyawards.com\\\/en\\\/author\\\/intern\\\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Hotel investments in Malaysia slated to rise in 2022 | Asia Property Awards","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.asiapropertyawards.com\/en\/hotel-investments-in-malaysia-slated-to-rise-in-2022\/","og_locale":"en_US","og_type":"article","og_title":"Hotel investments in Malaysia slated to rise in 2022 | Asia Property Awards","og_description":"The MAH predicted that hotel occupancy will exceed 60 percent in Q3 2022","og_url":"https:\/\/www.asiapropertyawards.com\/en\/hotel-investments-in-malaysia-slated-to-rise-in-2022\/","og_site_name":"Asia Property Awards","article_publisher":"https:\/\/www.facebook.com\/asiapropertyawards","article_published_time":"2022-05-16T15:56:43+00:00","article_modified_time":"2024-09-19T09:53:00+00:00","og_image":[{"width":1000,"height":667,"url":"https:\/\/www.asiapropertyawards.com\/wp-content\/uploads\/2022\/05\/shutterstock_2091023428.jpg","type":"image\/jpeg"}],"author":"Contributing Writer","twitter_card":"summary_large_image","twitter_creator":"@AsiaPropAwards","twitter_site":"@AsiaPropAwards","twitter_misc":{"Written by":"Contributing Writer","Est. reading time":"3 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.asiapropertyawards.com\/en\/hotel-investments-in-malaysia-slated-to-rise-in-2022\/#article","isPartOf":{"@id":"https:\/\/www.asiapropertyawards.com\/en\/hotel-investments-in-malaysia-slated-to-rise-in-2022\/"},"author":{"name":"Contributing Writer","@id":"https:\/\/www.asiapropertyawards.com\/en\/#\/schema\/person\/60e0732a149bc2fbe99629e45c8be3c2"},"headline":"Hotel investments in Malaysia slated to rise in 2022","datePublished":"2022-05-16T15:56:43+00:00","dateModified":"2024-09-19T09:53:00+00:00","mainEntityOfPage":{"@id":"https:\/\/www.asiapropertyawards.com\/en\/hotel-investments-in-malaysia-slated-to-rise-in-2022\/"},"wordCount":419,"commentCount":0,"publisher":{"@id":"https:\/\/www.asiapropertyawards.com\/en\/#organization"},"image":{"@id":"https:\/\/www.asiapropertyawards.com\/en\/hotel-investments-in-malaysia-slated-to-rise-in-2022\/#primaryimage"},"thumbnailUrl":"https:\/\/www.asiapropertyawards.com\/wp-content\/uploads\/2022\/05\/shutterstock_2091023428.jpg","keywords":["hotel investment"],"articleSection":["News","Property Report"],"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/www.asiapropertyawards.com\/en\/hotel-investments-in-malaysia-slated-to-rise-in-2022\/#respond"]}]},{"@type":"WebPage","@id":"https:\/\/www.asiapropertyawards.com\/en\/hotel-investments-in-malaysia-slated-to-rise-in-2022\/","url":"https:\/\/www.asiapropertyawards.com\/en\/hotel-investments-in-malaysia-slated-to-rise-in-2022\/","name":"Hotel investments in Malaysia slated to rise in 2022 | Asia Property Awards","isPartOf":{"@id":"https:\/\/www.asiapropertyawards.com\/en\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.asiapropertyawards.com\/en\/hotel-investments-in-malaysia-slated-to-rise-in-2022\/#primaryimage"},"image":{"@id":"https:\/\/www.asiapropertyawards.com\/en\/hotel-investments-in-malaysia-slated-to-rise-in-2022\/#primaryimage"},"thumbnailUrl":"https:\/\/www.asiapropertyawards.com\/wp-content\/uploads\/2022\/05\/shutterstock_2091023428.jpg","datePublished":"2022-05-16T15:56:43+00:00","dateModified":"2024-09-19T09:53:00+00:00","breadcrumb":{"@id":"https:\/\/www.asiapropertyawards.com\/en\/hotel-investments-in-malaysia-slated-to-rise-in-2022\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.asiapropertyawards.com\/en\/hotel-investments-in-malaysia-slated-to-rise-in-2022\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.asiapropertyawards.com\/en\/hotel-investments-in-malaysia-slated-to-rise-in-2022\/#primaryimage","url":"https:\/\/www.asiapropertyawards.com\/wp-content\/uploads\/2022\/05\/shutterstock_2091023428.jpg","contentUrl":"https:\/\/www.asiapropertyawards.com\/wp-content\/uploads\/2022\/05\/shutterstock_2091023428.jpg","width":1000,"height":667,"caption":"Entry regulations have been simplified in contrast to last year's, which may raise demand for tourism products. TY Lim\/Shutterstock"},{"@type":"BreadcrumbList","@id":"https:\/\/www.asiapropertyawards.com\/en\/hotel-investments-in-malaysia-slated-to-rise-in-2022\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.asiapropertyawards.com\/en\/"},{"@type":"ListItem","position":2,"name":"Hotel investments in Malaysia slated to rise in 2022"}]},{"@type":"WebSite","@id":"https:\/\/www.asiapropertyawards.com\/en\/#website","url":"https:\/\/www.asiapropertyawards.com\/en\/","name":"Asia Property Awards","description":"PropertyGuru Asia Property Awards","publisher":{"@id":"https:\/\/www.asiapropertyawards.com\/en\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.asiapropertyawards.com\/en\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/www.asiapropertyawards.com\/en\/#organization","name":"Asia Property Awards","url":"https:\/\/www.asiapropertyawards.com\/en\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.asiapropertyawards.com\/en\/#\/schema\/logo\/image\/","url":"https:\/\/www.asiapropertyawards.com\/wp-content\/uploads\/2023\/12\/Trophy_2.png","contentUrl":"https:\/\/www.asiapropertyawards.com\/wp-content\/uploads\/2023\/12\/Trophy_2.png","width":1920,"height":1080,"caption":"Asia Property Awards"},"image":{"@id":"https:\/\/www.asiapropertyawards.com\/en\/#\/schema\/logo\/image\/"},"sameAs":["https:\/\/www.facebook.com\/asiapropertyawards","https:\/\/x.com\/AsiaPropAwards","https:\/\/www.instagram.com\/asiapropertyawards\/","https:\/\/www.linkedin.com\/showcase\/asia-property-awards","https:\/\/www.youtube.com\/channel\/UCCMEFMU-KW5dEKfb5dPTL9Q"]},{"@type":"Person","@id":"https:\/\/www.asiapropertyawards.com\/en\/#\/schema\/person\/60e0732a149bc2fbe99629e45c8be3c2","name":"Contributing Writer","url":"https:\/\/www.asiapropertyawards.com\/en\/author\/intern\/"}]}},"_links":{"self":[{"href":"https:\/\/www.asiapropertyawards.com\/en\/wp-json\/wp\/v2\/posts\/28649","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.asiapropertyawards.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.asiapropertyawards.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.asiapropertyawards.com\/en\/wp-json\/wp\/v2\/users\/12"}],"replies":[{"embeddable":true,"href":"https:\/\/www.asiapropertyawards.com\/en\/wp-json\/wp\/v2\/comments?post=28649"}],"version-history":[{"count":0,"href":"https:\/\/www.asiapropertyawards.com\/en\/wp-json\/wp\/v2\/posts\/28649\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.asiapropertyawards.com\/en\/wp-json\/wp\/v2\/media\/28650"}],"wp:attachment":[{"href":"https:\/\/www.asiapropertyawards.com\/en\/wp-json\/wp\/v2\/media?parent=28649"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.asiapropertyawards.com\/en\/wp-json\/wp\/v2\/categories?post=28649"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.asiapropertyawards.com\/en\/wp-json\/wp\/v2\/tags?post=28649"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}