KLCCP Stapled Group sees recovery across all segments

TheStar Wed, Apr 13, 2022 07:11am - 1 year View Original


PETALING JAYA: KLCCP Stapled Group expects to see progressive recovery across its business segments in line with the country’s transition into the endemic phase starting April 1, 2022, amid the reopening of international borders.

KLCC Property Holdings Bhd chief executive officer Md Shah Mahmood said the return of office tenants from November 2021 had been encouraging and was expected to progressively spur the retail and hotel operations.

“Suria KLCC, which has been on an upward trend, will continue to deliver an unparalleled customer experience bringing in first to market brands and leveraging digital technology, while Mandarin Oriental Hotel will continue to focus on domestic and regional leisure (activities) not only in terms of occupancy rates, but also events and food and beverage.

“The management services segment is also gearing towards being a solution partner and continuing to innovate and enrich the customer experience,” he said at a press conference after KLCC Real Estate Investment Trust’s (REIT) Ninth AGM and KLCC Property Holdings’ 19th AGM yesterday.

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