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 Anyone know why Best Western hotel group exit ?, Malaysia

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TSplouffle0789
post Sep 5 2025, 08:52 PM, updated 4 months ago

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Wyndham Garden Hotel i-City ,Shah Alam


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4251 stock code


Company Name I-BERHAD
Company Registration No. 7029 H / 196701000055
Nature of Business INVESTMENT HOLDING
Date of Registration 1967-02-02
State SELANGOR


1999


Changed name to I-Berhad following the acquisition of the controlling interest by Sumurwang Sdn Bhd which owned by a visionary man, Tan Sri Lim Kim Hong, who is an innovative and prolific entrepreneur

Specializing in manufacturing of air-conditioners and digital products



I-Berhad was established on February 2, 1967 under the name of Sanyo Industries (Malaysia) Sdn Bhd. It was listed on the Main Board of the Kuala Lumpur Stock Exchange on 29 September 1969 and assumed its current name on 12 August 1999.



2014 - Opening of first hotel in i-City, the 216 rooms 3 star Best Western i-City




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Currently, i-City features 2 hotels — DoubleTree by Hilton Shah Alam i-City and Wyndham Garden i-City (former Best Western i-City Shah Alam) — offering a combined total of about 500 rooms.



According to Lim, “The average occupancy rate for the two hotels is 80%.”


DoubleTree by Hilton Shah Alam i-City is the only 5-star DoubleTree by Hilton in Malaysia, according to him.




(Fornerly known as Best Western Hotel i-City Shah Alam)


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Meanwhile, the Wyndham Garden Hotel in i-City, which was rebranded and repositioned in late FY2024, is expected to uplift revenue through yield management strategies and improved average daily rates (ADR), reinforcing its contribution to the group’s recurring income stream.

Overall, the company expects its leisure and hospitality segment to improve in the second quarter, driven by increased domestic tourism during school holidays and ongoing yield optimisation efforts across its hotel and attraction portfolio, particularly as Visit Selangor 2025 and Visit Malaysia 2026 activities gain momentum.

I-Bhd anticipates continued positive momentum in its property investment segment, supported by active lease renewals and strong tenant demand for prime, strategically located assets.

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May 16, 2017) Best Western Hotels & Resorts has unveiled a stunning new upscale hotel in Malaysia’s popular and scenic Genting Highlands.

The brand new Best Western Premier Ion Delemen opened on April 26, 2017 and is nestled in the lush jungle-clad hills of Pahang state, the center of the Malay Peninsula. In addition to providing the perfect natural retreat for both Malaysian and international visitors, the new hotel is on the doorstep of Genting’s Resorts World, which features a large theme park, casino and Malaysia’s longest cable car ride. The world’s first 20th Century Fox World theme park is also a nearby attraction and is scheduled to welcome visitors later this year.

Best Western Premier Ion Delemen is operated by Ion Delemen Hospitality Sdn Bhd, a subsidiary of the NCT Group of Companies. It forms part of the Ion Delemen development, which is expected to fully open in 2018 and will include an international wellness center.

“The Genting Highlands is becoming a must-visit destination, not only for Malaysian travelers wanting a break from the city, but also for a rising number of international guests,” said Olivier Berrivin, Best Western Hotels & Resorts’ Managing Director of International Operations – Asia. “With beautiful natural scenery, an array of world-class attractions and the 20th Century Fox World on track to open this year, there are now multiple reasons to visit.

“Our impressive new hotel, Best Western Premier Ion Delemen, provides contemporary and stylish upscale accommodation for visitors. And with its outstanding collection of premium facilities and incredible setting, this property is likely to become a destination in its own right,” Olivier added.

Best Western Premier Ion Delemen offers a collection of 246 rooms, ranging from studios to one-, two- and three-bedroom suites, featuring separate living areas, bedrooms and kitchenettes. All rooms will offer modern amenities including flat-screen TVs, international power outlets and complimentary Wi-Fi, spacious bathrooms and large windows that overlook the lush mountains.

This brand new hotel also incorporates a vast array of amenities, including multiple restaurants and bars, many of which offer floor-to-ceiling windows and al fresco seating areas that merge seamlessly with the natural surroundings. There is also a sky garden, a heated infinity-edged swimming pool, luxurious spa, fully-equipped fitness center, children’s play area, and extensive space for conferences and events.


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Hotel CentreStage Petaling Jaya (Formally BWPJ)


No. 1, Jalan 13/1, Section 13,
Petaling Jaya,
46100, Malaysia.






And after a hard day’s work, guests can relax in the stunning rooftop swimming pool or work up a sweat at the hotel’s well-equipped fitness center.

“Malaysia is an incredibly exciting market for Best Western International, and I am delighted to continue our rapid expansion with the launch of our first hotel in Petaling Jaya,” said Ron Pohl, Best Western International’s Senior Vice President of Brand Management & Development.

“With four hotels having already launched in Malaysia under our classic Best Western and luxury Best Western PREMIER brands, we are seeing strong demand for our products in this country. I am confident that Best Western Petaling Jaya will be just as well-received,” Mr. Pohl added.





Best Western Petaling Jaya becomes Best Western International’s 5th hotel in Malaysia, joining existing properties in




Shah Alam, Ipoh, Kota Kinabalu and Sandakan.





And the company’s nationwide expansion will continue in the future, with at least five more Best Westerns expected to open across Malaysia by 2017.



https://www.barrons.com/market-data/stocks/...?countrycode=my


RM 1.57

RM 1570

GET RM 30 .........

SHANGRI-LA HOTELS (M) BHD announced a quarterly dividend of RM 0.03 per share.


The dividend is payable on 06-Nov-2025, while the ex-date will be on 14-Oct-2025.




This is lower than the previous dividend of RM 0.05 per share, with ex-date of 11-Jun-2025 and paid to the shareholders on 30-Jun-2025.

This post has been edited by plouffle0789: Sep 5 2025, 09:29 PM
Starbucki
post Sep 5 2025, 08:53 PM

Ayam betmen
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Because western is too overrated
TSplouffle0789
post Sep 5 2025, 08:57 PM

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QUOTE(Starbucki @ Sep 5 2025, 08:53 PM)
Because western is too overrated
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Best Western genting last time nice right?

This post has been edited by plouffle0789: Sep 5 2025, 08:57 PM
Starbucki
post Sep 5 2025, 09:08 PM

Ayam betmen
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QUOTE(plouffle0789 @ Sep 5 2025, 08:57 PM)
Best Western genting last time nice right?
*
din go b4
God Grid
post Sep 5 2025, 10:14 PM

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Best Western Hotel PJ

IYKYK
danielmckey
post Sep 5 2025, 11:06 PM

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They scared CCP to get angry.
TSplouffle0789
post Sep 5 2025, 11:44 PM

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QUOTE(God Grid @ Sep 5 2025, 10:14 PM)
Best Western Hotel PJ

IYKYK
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Change name already

No more best western
KLthinker91
post Sep 5 2025, 11:48 PM

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Blofeld
post Sep 6 2025, 12:43 AM

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i thought u only open threads about Genting?
TSplouffle0789
post Sep 6 2025, 12:56 AM

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QUOTE(Blofeld @ Sep 6 2025, 12:43 AM)
i thought u only open threads about Genting?
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Last time genting also got best western
icemanfx
post Sep 6 2025, 03:14 AM

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Owner may change hotel management company e.g brand for various reasons.


kons
post Sep 6 2025, 08:02 AM

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marriott is the only one expanding like crazy in malaysia.

they now have 27 hotels in kl/pj/putrajaya alone...

last time ioi bought w hotel for 300m.. last year wanted to sell for 500m but no buyer... 500m is too much after all
katijar
post Sep 6 2025, 08:04 AM

Look at all my stars!!
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Bcos name very old fashion

Ppl see / hear the name tot it’s lau yar place
fabu8238
post Sep 6 2025, 08:28 AM

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Article so blooody long who bothers to read
voscar
post Sep 6 2025, 08:33 AM

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Dunno
But I still can't brain why the once very grande Kuala Lumpur Hilton/Crowne Hotel was demolished and left it become open space car park


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TSplouffle0789
post Sep 6 2025, 09:46 AM

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QUOTE(voscar @ Sep 6 2025, 08:33 AM)
Dunno
But I still can't brain why the once very grande Kuala Lumpur Hilton/Crowne Hotel was demolished and left it become open space car park
*
Address please
nonnon
post Sep 6 2025, 11:25 AM

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QUOTE(plouffle0789 @ Sep 6 2025, 12:56 AM)
Last time genting also got best western
*
ion delemen, GRR7% b4 MCO
TSplouffle0789
post Sep 6 2025, 11:43 AM

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QUOTE(nonnon @ Sep 6 2025, 11:25 AM)
ion delemen, GRR7% b4 MCO
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After that -0.5%?
ekoh
post Sep 6 2025, 11:46 AM

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QUOTE(voscar @ Sep 6 2025, 08:33 AM)
Dunno
But I still can't brain why the once very grande Kuala Lumpur Hilton/Crowne Hotel was demolished and left it become open space car park
*
because the owner want to built a megatower on that site, Tradewinds Square Tower

voscar
post Sep 6 2025, 02:12 PM

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QUOTE(plouffle0789 @ Sep 6 2025, 09:46 AM)
Address please
*
Next to EQ Hotel KL.


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