Partnership with MyBHA first step in aiding the over 9,000 local budget hotels in diversifying revenue streams to navigate rising operational costs, while safeguarding the growth of the local tourism industry The partial takeover of unused rooms and conversion into long-term rentals is also aligned with a growing preference among young Malaysians for renting, in light of remote work trends Ken Lee, CEO of Swing & Pillows (fourth from left); YBhg. Dato’ Dr Ammar Abd. Ghapar, Director General of Tourism Malaysia (centre); and Dr Sri Ganesh Michiel, President of MyBHA (sixth from left) at the MoU signing ceremony Swing & Pillows, the largest co-living and hotel chain in Malaysia, has signed a Memorandum of Understanding (MoU) with the Malaysian Budget and Business Hotel Association (MyBHA). The MoU will enable budget hotels to lease out unoccupied rooms as long-term rentals on iBilik, the country’s leading room rental platform, and aims to help reduce the impact of rising oper...
