Budget hotels want taxes reviewed amid Airbnb competition
Kenneth Oh, head of the Malaysia Budget Hotel Association’s Kuala Lumpur chapter, said revenue for budget hotels or hotels with three stars and below have suffered a 15 per cent to 20 per cent decline in revenue. — Reuters pic
“This has resulted in some operators selling off their properties due to lack of business,” he was quoted saying by local dailyMyBHA national president Leong Pui Kun noted that Airbnb listings throughout Malaysia numbering 44,000 now is growing fast, adding that local female Airbnb hosts earned a total of RM159 million last year and predicted the amount to be more for male hosts.
But he said using such OTA eats into the profits of budget hotel operators, as 20 per cent to 30 per cent of the room rates are paid as commission to the online booking sites, while the room rates offered are also kept low to attract customers with competitive prices.Aside from such competition, budget hotels also have to cope with taxes.
Malaysia Latest News, Malaysia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
American seriously scalded while taking hot shower in Airbnb flat in HK awarded HK$2.63mil
Read more »
Italy's Salvini says all EU budget constraints should be removedMatteo Salvini calls the European Union to free each of its member states bloc'c economies from budget rules limiting budget constraints.
Read more »
Wee: Two mosque projects in Ayer Hitam to go on with reduced budgetPETALING JAYA: Two mosques in Ayer Hitam – allowed to go ahead after they were shelved following the general election last year – will be completed in 2021, says Ayer Hitam MP Datuk Seri Dr Wee Ka Siong.
Read more »
MP denies giving speech in mosque after royal rebukePang Hok Liong says he was only there to announce a RM1,000 allocation for the mosque from his budget as Labis MP.
Read more »
Anwar: Port Dickson Hard Rock Cafe, Hotel projects on | Malay MailPORT DICKSON, May 19 — The Hard Rock Cafe and Hard Rock Hotel projects here will go ahead with construction expected to begin this year, said Port Dickson MP Datuk Seri Anwar Ibrahim. Anwar said the projects would benefit the locals especially in terms of job opportunities. “The projects will...
Read more »
Hotel association debunks dubious award-giver's claim of Asean nations' official backing | Malay MailKUALA LUMPUR, May 18 ― The legitimacy of awards handed out to tourism industry players in the region by the group known as the Asia Pacific Travel and Tourism Federation (APTTF) appears to be more dubious than thought. Amid a growing spotlight on the awards, a local hotel association...
Read more »
No overpriced hotel Ramadan buffets for actress Maya Karin | Malay MailPETALING JAYA, May 16 — It’s safe to say you won’t be seeing actress Maya Karin at any lavish spreads for breaking fast in hotels. “I’m so fed up with the ridiculous prices of Ramadan buffets,” she said in her Twitter account earlier today. “And people and companies still pay!”...
Read more »
Yapeim board says reviewing administrative procedures after suspending D-G | Malay MailKUALA LUMPUR, May 22 — Administrative procedures at the Islamic Economic Development Foundation (Yapeim) is being reviewed by its board of trustees following the suspension of its director-general Datuk Abibullah Samsuddin for allegedly threatening pro-Pakatan Harapan (PH) staff. Yapeim chairman...
Read more »
Amid brewing controversy, Sungai Siput MP denies sexually harassing woman | Malay MailKUALA LUMPUR, May 18 — Sungai Siput MP S. Kesavan came out today saying he is the Perak federal lawmaker accused of sexual harassment by a woman. However, the PKR politician denied the woman’s claims, adding that she was never his aide as she portrayed herself to be, but that she had taken...
Read more »