Renaissance Kuala Lumpur – Kuala Lumpur, Malaysia
Office: Horwath HTL Singapore
Category: Asset Management
Scope of work: Horwath HTL was commissioned to undertake an operational review of the 846-room Renaissance Hotel Kuala Lumpur in light of a potential acquisition. A detailed understanding of the hotel’s performance through onsite interviews, observations and tests, evaluation of extensive financial and related information and the examination of comparable hotels, allowed the identification of areas of underperformance and suggestions for improvement creating future upside potential in the hotel’s value.