Connect with us

Hotels & Accommodations

Sarawak’s hotels present key performance metrics

Published

on


KUCHING, 4 August 2025: The Ministry of Tourism, Arts and Culture (MOTAC), through its agency Tourism Malaysia, recently hosted the Hotel Data Refinement Session with Sarawak’s Hotel Industry in conjunction with the Presentation of Appreciation Certificates to Hotel Survey Samples in Sarawak. 

The event was held at the Hilton Hotel Kuching and marked the first engagement of its kind for the year.

Hotel Data Refinement Session with Sarawak’s Hotel Industry.

The session was officiated by Tourism Malaysia Deputy Director General (Planning) Shahrin Mokhtar, and brought together key tourism and hospitality stakeholders in Sarawak, including representatives from the Malaysian Association of Hotels (MAH), Sarawak Chapter, Malaysia Budget & Business Hotel Association (MyBHA), Sarawak Chapter, Sarawak Tourism Federation (STF), Sarawak Tourism Board (STB), and the National Property Information Centre (NAPIC) Sarawak.

Organised by the Strategic Planning Division of Tourism Malaysia, the session served as a platform to present the latest findings from the quarterly Paid Accommodation Survey (also known as the hotel survey), which captures key performance metrics such as Average Occupancy Rate (AOR), Average Room Rate (ARR), and guest arrivals, both domestic and international.

In addition to data sharing, a refresher on the survey’s reporting procedures was provided to ensure consistent and accurate data submission.

The session was also supported by newly appointed hotel officers in understanding their roles, while offering a platform for industry players to share feedback, challenges, and suggestions to improve the survey’s implementation and relevance.

According to Shahrin, this engagement is timely as the country prepares for Visit Malaysia 2026 (VM2026). 

“Reliable and high-quality data is essential in supporting our national tourism agenda.

The hotel survey plays a vital role not only for Tourism Malaysia but also as a key reference for policymakers, investors, and industry stakeholders,” he said.

To acknowledge outstanding contributions, Tourism Malaysia also presented certificates of appreciation and Visit Malaysia 2026 promotional materials to hotel operators who have demonstrated exceptional commitment and consistency in data submission. 

This recognition reflects the agency’s appreciation for their continued support in enhancing national tourism data.

Malaysia continues to experience a strong recovery in tourism. In 2024, the country welcomed 38 million international visitors — a 31.1% increase from 2023 and 8.3% higher than pre-pandemic levels in 2019.

The positive momentum has carried into 2025, with 13.4 million visitor arrivals recorded from January to April, representing a 21.0% year-on-year increase. 

Singapore remained Malaysia’s top source market, followed by Indonesia, China, Thailand, India, Brunei, South Korea, the Philippines, Australia, and the UK.



Source link

Continue Reading
Click to comment

You must be logged in to post a comment Login

Leave a Reply

Hotels & Accommodations

Sinclairs Hotels Faces Evaluation Shift Amid Declining Profits and Stock Performance

Published

on

By


Sinclairs Hotels has recently experienced a change in its evaluation, reflecting a shift in its market position. The company has faced financial challenges, including declines in profit metrics, while maintaining a low debt-to-equity ratio, which may offer some stability amid these difficulties.



Sinclairs Hotels, a microcap player in the Hotels & Resorts industry, has recently undergone an adjustment in its evaluation. This revision reflects a shift in the technical landscape surrounding the stock, moving from a mildly bullish stance to a more neutral position.

Key financial metrics indicate that the company has faced challenges in recent quarters. For instance, the latest quarter reported a significant decline in profit before tax, which fell by 31.19%, while profit after tax decreased by 28.9%. Over the past five years, net sales have grown at an annual rate of 3.29%, and operating profit has seen a modest increase of 2.33%.

The stock’s performance relative to the Sensex shows a return of -5.50% over the past year, contrasting with a 3.15% gain in the index year-to-date. Additionally, the company’s return on capital employed (ROCE) has reached a low of 14.26%, and its return on equity (ROE) stands at 12.1%.

Despite these challenges, Sinclairs Hotels maintains a low debt-to-equity ratio, which may provide some stability in its financial structure.

Discover the Latest Mojo Score and Financial Trend Performance – SignUp in less than 2 Minutes and get FREE Premium Access.







Source link

Continue Reading

Hotels & Accommodations

Cindrella Hotels Faces Mixed Market Sentiment Amid Evaluation Score Adjustment

Published

on

By


Cindrella Hotels has recently adjusted its evaluation score, indicating a shift in technical trends. Despite reporting positive Q4 FY24-25 financial results, including growth in net sales and profit, the company faces long-term challenges, particularly regarding its return on equity and debt servicing capabilities.



Cindrella Hotels, a microcap player in the Hotels & Resorts industry, has recently undergone an adjustment in its evaluation score. This revision reflects a shift in the technical trends observed in the stock’s performance metrics. Notably, the technical indicators have transitioned from a bullish stance to a mildly bullish outlook, suggesting a nuanced change in market sentiment.

The stock’s current price stands at 67.69, down from a previous close of 71.25, with a 52-week high of 81.58 and a low of 50.00. Over the past week, Cindrella Hotels has experienced a stock return of -7.90%, contrasting with a -1.06% return from the Sensex. However, on a year-to-date basis, the stock has shown a return of 4.14%, slightly ahead of the Sensex’s 3.15%.

Despite the recent positive financial performance reported for Q4 FY24-25, including a notable growth in net sales and an increase in profit after tax, the company faces challenges with long-term fundamental strength. The average return on equity is recorded at 6.38%, and the ability to service debt remains a concern, as indicated by a low EBIT to Interest ratio of 0.14.

Overall, the adjustment in evaluation for Cindrella Hotels highlights the complexities of its market position and performance indicators, reflecting both short-term achievements and long-term challenges.

Discover the Latest Mojo Score and Financial Trend Performance – SignUp in less than 2 Minutes and get FREE Premium Access.







Source link

Continue Reading

Hotels & Accommodations

Beyond tours, Intrepid Travel is now opening its own hotels and resorts

Published

on


It used to be one of those unwritten laws in travel – accommodation companies did accommodation, tour companies did tours.

Intrepid’s Daintree Ecolodge.Credit:

That was before tour operators broke the mould with expansion into river and small ship cruising, a common synergy these days.

One shining exception is Abercrombie & Kent, with its A&K Sanctuary division, comprising 15 African safari camps, lodges and five Nile riverboats with plans for further expansion internationally.

Australia’s famous tour company Intrepid Travel has also made a splash into the accommodation market, recently buying a resort in Tasmania and a riad in Morocco.

Edge of the Bay – Intrepid Travel’s recent purchase on Tasmania’s Freycinet Peninsula.Credit:

This follows its 2023 acquisition of the Daintree Ecolodge in Queensland, and lease of a property in Hoi An, Vietnam.

It basically means cutting out the middle man – the company plans to own 20 such sites within the next three years.

Intrepid’s Australian purchase is of The Edge of the Bay, a previously family-run property on Tasmania’s Freycinet Peninsula that will now see Intrepid Foundation partner Greening Australia at the property, introducing new nature-based guest experiences, as well as fundraising for the NGO.

In Marrakesh, Morocco, its guesthouse was also acquired from a private owner. Guests will be able to enjoy culinary experiences in the medina and onsite, with chefs recruited via another foundation partner, the Amal Association, which provides culinary training to women in Morocco.



Source link

Continue Reading

Trending

Copyright © 2025 AISTORIZ. For enquiries email at prompt@travelstoriz.com