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30 Hotels in 3 Years with No Hospitality Background

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Open For Business

The flagship entrepreneurship show on BFM, featuring personal business stories from early stage start-ups, all the way to billionaire octogenarians in 
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Traditional hotels often force guests to pay for luxury features they simply do not use. Recognising this gap, Benny Ong and his co-founders launched KiN Hotel Group in 2023. Coming from diverse backgrounds in technology, marketing, and real estate, they viewed their complete lack of hospitality experience as a massive competitive advantage. By treating operations as a blank canvas and avoiding legacy corporate structures, they implemented a philosophy of "value engineering” - stripping away expensive grand lobbies and converting underutilised rooms into practical, modern spaces like modular mini-gyms.

This lean, technology-driven approach quickly proved highly successful. Their first proof of concept in Vietnam saw average room rates jump from $45 USD to over $100 USD per night while maintaining an impressive 90 percent occupancy rate. Rather than buying buildings or relying heavily on traditional management contracts, KiN Hotel Group operates an asset-light model focused on long-term leases and rapid refurbishments. By dealing directly with vendors, they can completely turn over a property in just eight weeks, allowing them to target a return on equity within three to four years.

Benny joins us to discuss the operational realities of scaling an independent hotel brand with a target of adding up to 2,000 rooms annually. They explore the strategic thinking behind their recent RM19.8 million, 20-year lease for Kuala Lumpur's Maya Hotel, how they plan to heavily integrate artificial intelligence to offset rising labour costs, and their ambitious roadmap toward a potential public listing by 2030 as they expand aggressively across Malaysia, Singapore, Vietnam, and China.

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Open For Business

Discover fresh concepts, tackle obstacles, and unleash growth - Open For Business is the dynamic sho 
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