E&O Hotel’s average occupancy rate for the first two months of 2016 was close to 80 versus 60 for the same period in 2015.
THE local hotel industry is undergoing a challenging time because of competition from other hospitality service providers.
Members of both the Malaysian Association of Hotels (MAH, Penang Chapter) and the Malaysia Budget Hotels Association (MyBHA, Penang Chapter) are either seeing stagnant or declining occupancy rates.
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