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More upscale international hotels to open

PETALING JAYA: Malaysia is attracting more upscale international hotel names with the scheduled opening of a number of new properties in the country in the next few years.Industry observers said this development would spur greater depth and product offerings in the local hospitality sector.

According to Knight Frank’s First Half 2013 Real Estate Highlights report, the local hospitality sector continues to attract international hotel operators’ interest.The sector is expected to scale greater heights on concerted efforts by both the public sector and private industry players to move from mass
 tourism and focus on attracting a larger share of the high-end market.