Bye Bye To Harrods Hotel In Kuala Lumpur

Is it due to Malaysia’s weak ringgit and its current economic climate? The Harrods Hotel announced in 2012, was supposed to be the first Harrods Hotel in Asia, planned in the heart of the Golden Triangle area, Kuala Lumpur business district. The other Harrods location are in London and in Italy. planned as one of three in the world, has been scrapped.

“Harrods Hotel makes up a small component of the entire project. The rest will go on,” said sources to Malaysian newspaper the Star. “There will be a hotel there but it will not be a Harrods Hotel.” The three largest parties for the development of Harrods Square along Jalan Raja Chulan and Jalan Conlay – facing KL Pavilion shopping mall, include Qatar Holding LLC, Tan Sri Desmond Lim Siew Choon and Tradewinds Corp Bhd. The latter owns the franchise management for Harrods shops in Malaysia.

The hotel will still be built but will receive another name. Developers of the area are now looking for a new prestigious international brand. Originally, the plan around Harrods Square was or the 102-room hotel designated as a “seven-star property’, service appartments, a retail space and a 31-story office tower. A pedestrian bridge was due to connect the square to nearby KL Pavilion. Plans should proceed as originally planned, however without the Harrods brand and KL first seven-star hotel…