Knight Frank foresees strong appetite for Malaysian hotel investment | Malay Mail

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KUALA LUMPUR, April 12 — The reopening of Malaysia’s international borders is boosting investors’ interest in Malaysian hotels, said Knight Frank Malaysia. Its second Malaysian Hospitality Investment Intentions Survey, which analysed the level of investment demand, preferences and sentiment...

KUALA LUMPUR, April 12 — The reopening of Malaysia’s international borders is boosting investors’ interest in Malaysian hotels, said Knight Frank Malaysia.

“Many can see the strong pent-up demand for holiday travel and in the short term, Singapore tourists, coupled with domestic demand will drive hotel performance in 2022. Meanwhile, 26 per cent of respondents are targeting net yields of 6.0 to 7.0 per cent, while 19 per cent would accept net yields of 5.0 to 6.0 per cent.

Although bank financing of hotels has been quite difficult during the pandemic, he is optimistic that the banks will see the improvements in the sector and begin to lend again.

 

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