Asia -  Kuala Lumpur, Malaysia

The Malaysian capital, Kuala Lumpur (KL) receives one of the highest inbound travelers in the region. The Golden Triangle in the city, bounded by Jalan Imbi, Jalan Sultan Ismail and Jalan Raja Chulan, attracts a healthy mix of business as well as leisure travelers. While the government plans to build world class commercial hubs such as the Tun Razak Exchange to create a vibrant financial district and further improve infrastructure in the city to enable Malaysia become a high-income economy by 2020,  political scandals  have raised concerns regarding its efficacy. In 2015, demand and supply grew in tandem resulting in marketwide parameters remaining stable. However, during the same period the Malaysian Ringgit depreciated with respect to the USD resulting in a decline of 16.7% in valuation. 

Change In Value For Market:

Legend
Significant Value Increase: Greater than +10%
Moderate Value Increase: Between +3% and +10%
Stable Values: Between -3% and +3%
Moderate Value Decline: Between -3% and -10%
Significant Value Decline: Less than -10%

Kuala Lumpur RevPAR Change

Kuala Lumpur RevPAR

Year RevPAR
2013 77.37
2014 81.90
2015 69.26
2016 70.46
2017 (f) 69.93
2018 (f) 72.10

For more information, please contact:

Hok Yean CHEE
hychee@hvs.com
  • +65 6730-6308 (w)
  • +65 9686-6218 (m)
Ho Mei Leng
mlho@hvs.com
  • +65 6730-6300 (w)
  • +65 9620-2511 (m)