Ipoh’s Kinta Riverfront closes down due to lack of funds

Ipoh’s Kinta Riverfront Hotel has announced their plans to close down due to the ongoing Covid-19 pandemic. The hotel has also stated that it has been suffering from losses prior to the start of the pandemic worldwide.

The hotel’s announcement comes weeks after the city’s Tower Regency hotel had also announced its closure by the end of the month.

The outbreak which has caused financial restraint on the tourism sector nationwide and coupled with the ongoing Movement Control Order (MCO) has led to high events and room booking cancellation rates among hotels in the country.

In a notice sent out to its employees, the hotel has announced that the last day of employment for its staff would be the end of the month.

The hotel management will also be offering a compensation package for its employees.

According to Star Online, one of the hotel’s employees stated that the hotel would re-evaluate the situation in July if the situation improves.

 

 

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