Hyatt way to diversify

TheStar Sat, Dec 15, 2018 09:27am - 5 years View Original


Hyatt House Kuala Lumpur is part of the Arcoris Mont’Kiara in the affluent neighbourhood. - Hyatt House Kuala Lumpur

Hyatt House Kuala Lumpur is part of the Arcoris Mont’Kiara in the affluent neighbourhood. - Hyatt House Kuala Lumpur

UEM Sunrise ventures into hospitality sector

WITH the soft property market currently seeing developers struggling to sell their units, many are turning to unique ways of clearing off their inventories and maintaining profit margins.

For UEM Sunrise Bhd , its tie-up with Hyatt is seen as an opportunity to venture into the hospitality sector and diversify its property development business, says managing director and chief executive officer Anwar Syahrin Abdul Ajib.

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