01 March 2019
Its chairman, Khoo Boo Lim said they could not compete with the Airbnb or illegal accommodation operators in terms of offering cheaper rates simply because of the higher cost of operations that hotels had to bear. Its deputy minister, Muhammad Bakhtiar Wan Chik recently remarked that Penang hotels experienced a slight drop in occupancy rates in the first nine months of last year when 60.4 per cent was recorded against 63.3 per cent achieved in 2017.
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