
Kuala Lumpur to see seven new hotels this year
These hotels will yield over 2,500 rooms.
According to data from a JLL report, a total of 2,520 rooms from seven new hotel projects are expected to enter the Kuala Lumpur market in 2025, with luxury and upscale hotels leading supply growth.
“Furthermore, investments into new mega-infrastructure projects with a hospitality component have been announced, such as the Golden Triangle and Palace of Golden Horses, which will drive supply in the medium- to long-term,” the report added.
Here’s more from JLL:
The hotel capital market in Kuala Lumpur has been muted since 2024, with no new transactions in the market as owners hold on to their assets in light of inbound tourism.
In terms of trading performance, the record year in 2024 has seen some market correction, with luxury RevPAR declining 3.1% y-o-y due to occupancy rates contracting by 3.8 ppts.
Outlook: Global economic uncertainty could slow tourism recovery
With concerns rising over a potential recession and a global trade war, a slowdown in the economies of key Malaysian tourism markets could dampen the hospitality industry.
However, the government has been ramping up efforts to promote Malaysia as a top global destination with the launch of the Visit Malaysia 2026 campaign, which sets an ambitious goal to welcome 35.6 million tourists to Malaysia.