Kuala Lumpur hotel stock to grow by 5.9% this year
A total of 2,261 keys will be added in 2025, bringing the total stock to 40,892 keys.
According to a Savills report, in Q4/2024, the total existing hotel room stock in Kuala Lumpur across the 3-Star, 4-Star, and 5-Star hotel segments increased by 1.4% year-on-year (YoY), reaching 38,631 keys. The 3-Star hotel segment comprises 7,626 keys with no new hotel completions within this segment in 2024.
“The increase in hotel supply was primarily driven by the 4-Star and 5-Star hotel segments, which saw a 1.8% rise, taking total stock to 31,005 keys in Q4/2024. This addition was driven by two new hotels completed in 2024 - Imperial Lexis Kuala Lumpur (5-Star: 272 keys) and Courtyard by Marriott Kuala Lumpur South (4-Star: 278 keys),” the report said.
Here’s more from Savills:
Looking ahead, 2025 will see an additional 2,261 keys in Kuala Lumpur, comprising 630 keys in the 4-Star segment and 1,631 keys in the 5-Star segment. This represents a YoY growth of 5.9%, bringing total hotel room stock to 40,892 keys.
The hotel market in Kuala Lumpur remains highly competitive, with a significant wave of new hotel developments projected between 2026 and 2027. During this period, an additional 1,001 keys are expected to be added, leading to a YoY growth of 2.4% and a total of 41,893 keys by the end of 2027.
This expansion is driven by international hotel chains, such as Hyatt, IHG, Hilton, and Accor, alongside the entry of new brands, such as Langham, all of which are planning to strengthen their footprint in the city’s hospitality market.