Hyatt way to diversify
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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