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Hotelogix introduces e-invoicing for hotels in Malaysia

Hotelogix, a leading global provider of cloud-based hospitality technology, has implemented e-invoicing for hotels in Malaysia. This new feature allows hospitality businesses to use the Hotelogix Hotel Property Management System (Hotel PMS) to automate the invoicing process, generating e-invoices directly from the system for verification by the Malaysian tax authority. It also ensures that hotels comply with tax regulations.

In August 2024, the Malaysian Inland Revenue Board (LHDNM) made e-invoicing mandatory for businesses, including hotels. This regulation requires hotels to follow specific invoice formats, provide detailed charge breakdowns, and maintain proper record-keeping and security. The goal is to improve tax administration efficiency and reduce the risk of tax evasion.

The hospitality industry in Malaysia is one of the country’s top sectors, with projected revenues of $1.289 billion in 2025. The industry will grow annually at 3.42% and reach a market volume of $1.484 billion by 2029.

Speaking about this development, Sivaprasad Gangadharan, Chief Sales Officer at Hotelogix, said, “Malaysia’s tourism industry contributes about 15% to the nation’s GDP, and as a leading Hotel PMS vendor, it is our responsibility towards our customers here to offer a reliable solution that not only makes hotels compliant with government regulations but also help them boost their business and digitize them for the modern world.”

About Hotelogix

Hotelogix is a leading provider of cloud-based hospitality technology, offering innovative solutions like Multi-property Management Systems, Hotel PMS, and Mobile PMS Apps for independent hotels and groups. With over 70,000 rooms across 500+ properties under a single group, Hotelogix has made significant strides in multi-property deployment. Its distribution brand, AxisRooms, provides Channel Manager, Rate Shopping, and Revenue Management solutions. Trusted by 12,000+ hotels in 100+ countries, Hotelogix supports growth, optimizes room sales, and enhances guest service. The company is headquartered in Singapore and has offices across the USA, India, UAE, Thailand, and the Philippines.

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BRL Editorhttps://businessreviewlive.com
Business Review Live covers finance, technology, travel, lifestyle, and everything in between through exclusive interviews and analysis, market statistics, digital video, and an expanded array of content formats.