Tune <b>Hotel</b> Waterfront <b>Kuching</b> benefits from unbeatable location <b>...</b> - Hotel in Sarawak Blog |
| Tune <b>Hotel</b> Waterfront <b>Kuching</b> benefits from unbeatable location <b>...</b> Posted: 02 Apr 2014 09:10 AM PDT by Sharon Kong, sharonkong@theborneopost.com. Posted on April 3, 2014, Thursday KUCHING: Having just celebrated its fifth anniversary, Tune Hotel Waterfront Kuching is not showing any signs of slowing down as it benefits from a variety of travellers passing through Kuching and an unbeatable location in the heart of the city. Tune Hotels chief executive officer Mark Lankester in an email interview with The Borneo Post said that Kuching has a great position within Sarawak, where it benefits from not only business travel but also a significant amount of leisure travel. "Whilst into its fifth year of operation, the hotel does very well with an unbeatable location directly opposite the five-star Kuching Hilton that differentiates it from other value for money hotels within the city," he added. When queried on the performance of Tune Hotel Waterfront Kuching in comparison to other outlets in Sarawak and Malaysia overall, Lankester noted that state capitals in East Malaysia and West Malaysia have different demand drivers that state tourism organizations play a big part in. "Whilst airlines, hotels and the other tourism and travel related industry members play a big part, its essential to have a pro-active tourism promotion organisation to drive through the attractions of any destination/state," he added. While there are no future expansion plans in Sarawak as of yet, it is a different case for Tune Hotels' international expansion plans. Lankaster noted that they have 42 hotels in operation now across nine countries and highlighted that the intention is to continue with the pipeline, not only in the countries Tune Hotels is already in, but to also engineer new market entries. In terms of plans to list Tune Hotels in Bursa Malaysia, there seem to be no immediate plans for this. "Listing is another way of raising capital, but currently we are fairly self sufficient and are finding the cost of capital is manageable in the markets we favour." "A listing isn't something that my team and I focus on currently," he reaffirmed.   |
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