Local hotels seek help as Sars losses mount
Malaysian hoteliers are seeking tax deferment and a cut in interest rates to cope with the Sars outbreak, which cost them RM82.70 million in revenue losses last month.
Occupancy in April had dropped to an average 42 percent, down from 61.5 percent in the same month last year, said the Malaysian Association of Hotels president Mohamad Ilyas Zainol Abidin.
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