KUALA LUMPUR (Bernama): G City Club Hotel Sdn Bhd, which manages a 180-room hotel under the trade name of GTower Hotel, is shutting down its hotel operations after a decade in the business due to a drop in occupancy rates.
G City Club Hotel said the decision to cease operations was a direct result of low occupancy suffered in the past few years from increased competition from new hotels and the proliferation of homestays in the Kuala Lumpur City Centre (KLCC) area.
Already a subscriber? Log in.
Subscribe or renew your subscriptions to win prizes worth up to RM68,000!
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.