JOHOR BARU: Aman Resorts Ltd will have a resort in the Iskandar Development Region by 2009.
Khazanah Nasional Bhd said in a statement that it had signed a memorandum of understanding (MoU) with Kota Selat Tebrau Sdn Bhd (KST), Symphony International Holdings Ltd and Aman Resorts to develop the resort.
KST is a joint venture between South Johor Investment Corp Bhd (SJIC), Danga Bay Sdn Bhd and Kumpulan Prasarana Rakyat Johor Sdn Bhd (KPRJ).
Aman Resorts has 18 resorts in 12 countries.
In another statement, Tune Hotels.Com said it would launch its first no-frills hotel in Danga Bay.
The hotel will have 250 rooms and offers attractive room rates starting from RM9.99.
The company signed a conditional agreement with Danga Bay Sdn Bhd yesterday to launch the state’s first Tune Hotel in early 2008.
Met after the signing ceremony, AirAsia Bhd chief executive officer Datuk Tony Fernandes, who is a major shareholder of Tune Hotels.Com, told reporters that the growth potential was huge both for his hotel and airline due to the Asean region having some 500 million people and Johor’s proximity to Singapore.
“One of the beauties about the hotel business is that you are not constrained by nationalism – you don’t have oil (to worry about) and you don’t have a national hotel chain.
“I have to say it is a sexier industry in that way. I don’t have to compete with a national hotel chain that wants to be protected,” he said with a laugh.
Source : STAR
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