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18 May

MOU Signing Between MyBHA and O2O Commerce Sdn Bhd

May 18, 2017, Kuala Lumpur: The Malaysia Budget Hotel Association (MyBHA) held their 16th Annual General Meeting today at the Pusat Pelancongan Malaysia (MATIC), Jalan Ampang, Kuala Lumpur.

“We have over 2,000 members, having a total of 60,000 rooms, and 22 million room-nights available in the Malaysian hospitality market.” said Mr. P.K. Leong, a buoyant President of MyBHA during the AGM. MyBHA signed a Memorandum of Understanding with O2O Commerce Sdn Bhd (O2O), a MSC Status Company specializes in creating a precision marketing platform, to assist their member hotels to drive traffic, from online to offline, offline to online, a first of its kind in the Malaysian market. “We would like to work with O2O so that we could use the power of precision marketing in the digital space to increase the occupancy rate in our member hotels.” said Mr. P.K. Leong.

MyBHA is the umbrella body for all budget hotels (3 stars and below) in Malaysia. Its membership is made up of hotel entities which are represented by proprietors of hotels or appointed representatives. The association’s core objective is to represent the common interest of all the budget hotels in Malaysia and specifically the member of Association.

“With the collaboration our goal is to drive traffic to the 2,000 MyBHA members, to increase the sales of a total of 60,000 rooms nights which can be translated into RM2b dollar business annually to the Malaysia market. O2O will assist member hotels to buck the trend with the use of “O2O Precision Media”, driven by its unique O2O WiFi Marketing, instead of just the traditional high cost medias such as TV and prints. A hybrid model, member hotels will also get to draw in continuous monthly income stream effortlessly.” said Mr. RJ. Liow, Group Managing Director of O2O Commerce Sdn Bhd.

O2O, which was formed in 2016, is a platform to provide precision marketing for SMEs to drive traffic, online to offline, offline to online with the purpose of increasing revenue. SMEs are able to make informed marketing decisions based on data to achieve higher sales and reduce wastages. O2O offers Location Specific Marketing at very much lower costs compared to main stream medias. Their unique Cross Sectional Reward Program is designed to entice, and enlarge user pool, across O2O Platforms in international markets, with ASEAN as priority. O2O is formed with the aim to become the leader in the O2O space in ASEAN covering 10 countries with a population of 600 million.

“We believe the O2O space will be the mainstream of interaction to run a business effectively, seamlessly and profitably across devices including wirelessly connected ones such as smartphones. We are glad to have the opportunity to collaborate with a dynamic association such as MyBHA, to build a platform for its member hotels to drive traffic, and execute precision marketing at our O2O Cities that comprises of F&B restaurants, hospitals, supermarkets and merchants in Malaysia, and overseas in the future.” explained Mr. Han San, Managing Director of O2O Commerce Sdn Bhd. O2O was awarded a MSC status, for its innovative precision marketing business model by Malaysia Digital Economy Corporation Sdn Bhd (MDEC)

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