KL hotels at single-digit occupancy rate under MCO
Popular tourist spot in Bukit BIntang has fallen quiet since the movement control order was imposed. The Statistics Department finds that hotels in Kuala Lumpur are only recording single-digit occupancy rate and experience an 80% drop in revenue. – The Malaysian Insight pic by Hasnoor Hussain, April 24, 2020.
HOTELS in the capital have seen an 80% drop in revenue, and an occupancy rate between 5% and 8% since the start of the movement control order , said the Statistics Department. Among resorts and budget hotels, a 40% to 45% drop in revenue was recorded, while homestays and rest houses expected a 30% to 54% slash in earnings.
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