Description of Tune Hotel

Topics: Hotel chains, Tune Ventures, Board of directors Pages: 2 (661 words) Published: November 18, 2012
Tune Hotel is one of the families in Tune Group. Tune Group is a private investment company, also a group of entertainment and leisure companies that based in Malaysia. It is consumer services group primarily focused on providing affordable services to mass-market consumers in Southeast Asia. This company founded by Dato’ Seri Tony Fernandes who is the co-founder and Executive Chairman of Tune Group, also the Group Chief Executive Director of AirAsia. He graduated from the London School of Economics with a BSc in Accounting and Finance and became an Associate Member of the Association of Chartered Certified Accountants in 1991. He later became a Fellow Member in 1996. He was admitted as a member of the Institute of Chartered Accountants in England and Wales (ICAEW) in 2008. Another co-founder of Tune Group is Dato’ Kamarudin Meranun who is the Deputy Group Chief Executive Director of AirAsia. He received a Diploma in Actuarial Science from University Technology MARA (UiTM) and was named the “Best Actuarial Student” by the Life Insurance Institute of Malaysia in 1983. He received a BSc degree with Distinction majoring in Finance in 1986, and an MBA in 1987 from Central Michigan University. Both of the founders of Tune Group are the key shareholder in Tune Hotel. The successful of Tune Group was they lie in constantly finding the better ways to provide quality services at a value for money price-point to a market which is often overlooked. Many companies have majority shares by Tune Ventures, which most of them uses the Tune brand to market their product. They share the same passion for great ideas and deliver services at prices that everyone can afford, especially Tune Hotel. Tune Hotels have the most shares from Tune Ventures. It owns and operates limited service hotels with accommodation rooms. This company was founded in 2007 and it is based in Petaling Jaya, Malaysia. “Great Value, Great Savings” is the slogan of Tune Hotel. Tune Hotel is a limited service...
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