[WATCH] Budget hotels to raise rates by up to 40%

Daniel Abd Halim Noel Achariam Nabihah Hamid

BUDGET hotel owners are likely to hike up their rates in the months to come as operational costs rise. The hoteliers said rates could go up 30-40% over the next three months. They said it was too early to tell how the hike in the sales and services tax (SST) from 6% to 8% will affect business.

Malaysian Budget and Business Hotel Association (MyBHA) president Sri Ganesh Michiel said business has not declined because of the higher tax.– April 15, 2024.

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