By Farah Wahida:
Hotel firm Lexis Hotels and Resorts Sdn Bhd eyes to achieve gross operating revenue (GOR) of RM100 million by 2015, driven by its existing hotels and two upcoming projects, reported The Malaysian Reserve.
Notably, Lexis Hibiscus in Port Dickson as well as Lexis Suites in Penang are both expected to be completed by end-2014.
“For the year 2014, revenue will continue to be on an upward trend. Even for hotels in Kuala Lumpur, when they see an improvement of five percent to eight percent from the year before, it is already considered very good,” said Jasbir Singh, Vice President of Finance at Lexis.
This year, Lexis targets its GOR to grow by 5.8 percent to RM54 million from RM51 million last year. This boost will be supported by cash flow from existing hotels the Lexis and Grand Lexis in Port Dickson.
Via its expansion plan, Lexis aims to manage at least five more hotels across various areas such as Johor, Malacca and Negri Sembilan, in the next four years.
Aside from West Malaysia, the group will also explore opportunities in the east, said Steve Woon, Lexis Vice President of Sales and Marketing.
Among the firm’s best assets is the Grand Lexis Port Dickson resort, which boasts a unique concept of indoor swimming pools per unit. In fact, the Malaysia Book of Records warded for having the “most number of swimming pools in a resort.”
Meanwhile, the upcoming Lexis Hibiscus will not only come with this feature but also have an additional sauna per unit.
Hotel firm Lexis Hotels and Resorts Sdn Bhd eyes to achieve gross operating revenue (GOR) of RM100 million by 2015, driven by its existing hotels and two upcoming projects, reported The Malaysian Reserve.
Notably, Lexis Hibiscus in Port Dickson as well as Lexis Suites in Penang are both expected to be completed by end-2014.
“For the year 2014, revenue will continue to be on an upward trend. Even for hotels in Kuala Lumpur, when they see an improvement of five percent to eight percent from the year before, it is already considered very good,” said Jasbir Singh, Vice President of Finance at Lexis.
This year, Lexis targets its GOR to grow by 5.8 percent to RM54 million from RM51 million last year. This boost will be supported by cash flow from existing hotels the Lexis and Grand Lexis in Port Dickson.
Via its expansion plan, Lexis aims to manage at least five more hotels across various areas such as Johor, Malacca and Negri Sembilan, in the next four years.
Aside from West Malaysia, the group will also explore opportunities in the east, said Steve Woon, Lexis Vice President of Sales and Marketing.
Among the firm’s best assets is the Grand Lexis Port Dickson resort, which boasts a unique concept of indoor swimming pools per unit. In fact, the Malaysia Book of Records warded for having the “most number of swimming pools in a resort.”
Meanwhile, the upcoming Lexis Hibiscus will not only come with this feature but also have an additional sauna per unit.
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