Friday, March 02, 2007

Forty Tune Hotels target in South East Asia

KUALA LUMPUR: No-frills hotel operator Tune Hotels Sdn Bhd plans to set up 30 to 40 hotels across South-East Asia, said director and co-founder Dennis Melka.

“We currently have six hotels under development in Malaysia but we would like to be in every city in South-East Asia,” he said after the launch of Tune Hotels online booking yesterday.

He said the company was currently in the process of raising capital to facilitate the expansion.

“We have received a lot of interest from American, European, Middle Eastern and Asian investors,” Melka said adding that most of the interested parties were from the Middle East and Europe.

Andy Song (left) and Dennis Melka at the launch of the Tune Hotels online booking service
Asked how much capital the company planned to raise, he said it would depend on the investors and the number of sites to be built.

He added that the six hotels currently in development involved about RM20mil investment each.

Chief operating officer Andy Song said the company’s roadmap for the future was to have at least 10 Tune Hotels in Kuala Lumpur in five years.

“We have identified a few places in Kuala Lumpur that we want to go in,” he said, adding that the company was scouting for more locations.

The online booking launch was a prelude to the official opening of the company’s flagship hotel at Jalan Tuanku Abdul Rahman, slated at end-March.

Tune Hotel's Website -

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