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Segments of hotel sector seen underserved

Published on April 18, 2011 By

Although the supply of hotel rooms in Kuala Lumpur is quite adequate, property consultants say some segments of the market are still underserved. As of 2010, the total supply of 3- to 5- star hotel rooms in Kuala Lumpur stood at 23,972, of which 5-star rooms accounted for 50%. Zerin Properties chief executive officer Previndran Singhe [...]