KUALA LUMPUR; 18 September 2017 – Sunway Hotels & Resorts, confirmed, Friday, its 351-room Sunway Velocity Hotel will open 20 September.
Upon opening, the mid-market hotel will be the only transit-oriented, and integrated hotel within the Cheras vicinity.
The Hotel that cost MYR146 million, is a 59:41 joint venture project between Sunway Berhad and Fawanis Sdn Bhd.
Located within the MYR4 billion, 23-acre integrated Sunway Velocity Kuala Lumpur – the Sunway Velocity Hotel shares real estate space with premier shopping, dining and entertainment complex known as Sunway Velocity Mall, office towers, serviced residences and a sprawling two-acre central park, which is within the development. There also a medical centre slated to open in 2019.
“We are confident that we will be able to operate at about 75% occupancy in the first year taking into consideration the integration, the connectivity, the market and our competitive pricing,” said Sunway Hotels & Resorts cluster director of operations. Kelly Leong
“For the Hotel, we anticipate about 60% corporate and 40% leisure base. In 2017 and 2018, we are expecting Malaysians to constitute 60% of our guests with the balance coming from Singapore, China and guests residing in the Asia Pacific region.”
In terms of connectivity, the hotel is linked directly to the Light Rapid Transit (LRT) and two underground Mass Rapid Transit (MRT) stations, Maluri and Cochrane. Through the MRT, guests will have easy access to the Bukit Bintang shopping district which is a mere two stops away, and KL Sentral which is five stops away, as well as other attractions nearby.
Sunway Velocity Hotel forms part of Sunway Hospitality division’s MYR 875 million redevelopment and expansion plans to its collection of hotels across Malaysia, Cambodia and Vietnam, which commenced in 2016. With the opening of the 351-room hotel, the Sunway Hotels & Resorts now operates 11 hotels, nine of which are in Malaysia, giving the hospitality division 3,388 rooms.
On 20 September, the hotel will open with 121 rooms available. The remaining 230 rooms will be made available progressively, with full inventory by 30 October. In December 2017, the express café and the boardroom on level 5 will be open to guests.
Sunway Velocity Hotel is offering special introductory room rates, starting from MYR198.00++ per room per night; valid for stays from 20 September. Rates are quoted in Ringgit and subject to 10% service charge and prevailing Goods and Services Tax (GST).