Hotel Istana closes down for good on Sept 1 - News Summed Up

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Hotel Istana closes down for good on Sept 1


KUALA LUMPUR: Hotel Istana Kuala Lumpur in Jalan Raja Chulan is set to cease operations on Sept 1. In a statement to the hotel’s associates on Wednesday, its general manager Noorazzudin Omar said they decided to close the hotel after considering the present circumstances and all available options. “The hotel had lost its competitive advantage over the years with the insurgence of new or neighbouring hotels and serviced apartments,” he said. The situation has been aggravated by the pandemic, he said, which continued to impact the hotel industry and its ability to achieve normality. “After a proper evaluation of the hotel and its viability, we have decided to cease operations,” he said.Noorazzudin said they would offer their staff the Voluntary Separation Scheme, which would be announced in the next few days.


Source: The Star July 01, 2021 00:56 UTC



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