Just like Tony Fernandes successful low-cost carrier, AirAsia Berhad (KLSE: AIRASIA, stock-code 5099), Tune Hotels.Com will offers basic amenities such as a deluxe five-star bed by King Koil, 250-thread count white duvets, an ensuite “Power Shower” and a ceiling fan. For extra comfort, guests have the option to purchase items like towels and air-conditioning cards.
Fernandes said Tune Hotels.Com would be opening its hotels in Penang, Johor Bahru, Kuching and Kota Kinabalu in the near future. Director and co-founder Dennis Melka said Tune Hotels.Com would also leverage on smart partnerships to carry out advertising on the hotel room floors and stairways, adding that it would sell online Tune Beds made by KingKoil Corporation Sdn Bhd. Its other commercial partners are Pensonic Holdings Bhd (KLSE: PENSONI, stock-code 9997), Nippon Paint (M) Sdn Bhd, Johnson Suisse (Malaysia) Sdn Bhd and Dignified Square (M) Sdn Bhd.
Tune Hotels.Com will have Uncle John Kopitiam and MyNews.Com as its retail partners operating at the hotels.
It was reported that AirAsia Bhd’s chief executive officer Fernandes, along with shareholders Datuk Kalimullah Hassan, Dennis Melka and Lim Kian Onn, among others, had incorporated Tune Hotels last December with a paid-up capital of RM5.2 million. One of the directors of the company is Ivo Nekvapil, a well-known hotelier in Malaysia.
Tune Ventures Sdn Bhd owns 55.8 percent of Tune Hotels. It is understood that Fernandes, along with AirAsia’s deputy group chief executive officer Kamarudin Meranum and other partners, are the shareholders of Tune Ventures. The second-largest shareholder of Tune Hotels is Tune Hotels.Com (BVI) Ltd, with 17%, while Kalimullah and Lim own 12.5% each.
Online booking for the rooms starts from March-1-2007 and official launching will be on March-28-2007. Don’t you love and amazed with the creativity of this Tony Fernandes? In fact Malaysia has tons of talents and should the government provide a fair playing ground without adopting ethnic discrimination, the country should have enjoy a more developed nation in the region.
# TIP: You can book rooms at the following TuneHotels Online Booking
February 9th, 2007 by financetwitter
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