Business For Sale Listing 144787
4 Star Hotel For Sale , Kuala Lumpur
Status as of Nov-21-2008 at 06:01 PM: Active
Business Summary
This 4-Star Hotel is strategically located within the heart of Kuala Lumpur's Golden Triangle, and is only a short stroll away from the Kuala Lumpur Convention Centre, Petronas Twin Tower and Suria KLCC which famous place for tourists.
Sale Price : USD 70 million
WHY SHOULD BUYERS’ INVEST NOW?
1-The Malaysian government has spent millions of ringgit to offer tourists modern infrastructure, upgraded facilities, improved services and unmatched hospitality.
2-Malaysian Government’s renewed commitment to the tourism and hospitality industry in the coming year, working in tandem with a more aggressive promotional strategy.
3- Business and leisure travelers have a wide choice in Malaysia, helping them stretch their tourist dollar.
4- Tourist arrivals has grown from 10.58 million in 2003 to 17.55 million in 2006. Receipts from Tourist industry has increased from 21,291.1 million to 36,271.7 million.
5- The Malaysian currency remains undervalued according to the ADB.
6- Interest rates are still low.
7- Investor confidence has returned.
8- Property values are just beginning to rise.
9- Malaysia has excellent fundamentals and is one of the youngest nations in the world.
10- Prudent economic policies have put the economy on a rapid recovery process, which will bring rapid price appreciation for the property sector. A recent policy was the removal of duties on most branded items to make Malaysia the top shopping destination in the world.
The Time is Now. The Place is Malaysia.
Malaysia Welcomes the World.
Malaysia Truly Asia.
Malaysia the Heart of Asia.
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