Plenitude closes 3 hotels, downsizes others

PLENITUDE Bhd is closing the operations of three hotels, namely Mercure Penang Beach and The Gurney Resort Hotel and Residences, both in Penang, and Travelodge Ipoh, Perak with immediate effect, and downsizing operations in its other hotels.

This decision is a direct result of the Covid-19 pandemic which had severely impacted the company’s hospitality businesses, Plenitude said in a filing to Bursa Malaysia today.

“With domestic and worldwide travel restrictions, the company’s hotels have suffered a significant decrease in business and the company has no alternative but to downsize its business and operations.

“The company’s management is closely monitoring the situation and taking all necessary precautions to ensure safety of guests and staff,” it added. — April 27, 2020, Bernama

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