The plan to resurrect the former five-star Penang Mutiara Beach Resort in Teluk Bahang after its closure for the past 16 years is a testament to international investors’ confidence in Penang’s tourism industry, said Yeoh Soon Hin, chairman of the Committee of tourism and the creation of the state.
IHG Hotels & Resorts (IHG), one of the world’s largest luxury hotel chains, and Tradewinds Corporation Berhad, owner of the former Penang Mutiara Beach Resort, recently signed an agreement to transform the hotel and the activate.
Yeoh said the state government will help them facilitate plans to be submitted to local authorities, adding that the renovations are expected to be completed in 2025.
“Their partnership shows their confidence in Penang’s tourism sector, even though the business has been clouded by the repercussions of the pandemic over the past two years.
“Penang has shown resilience for the sustainability of tourism and its ability to rebound.
“The fate of this hotel has continued to be a topic of discussion between locals and industry players for 16 years.
“Finally, we are delighted to see its return, and also look forward to seeing its revitalization in partnership with the global hospitality industry leader, IHG Group.
“Certainly with the presence of the IHG brand is totally on par with the Penang2030 vision and the Penang Tourism Master Plan to elevate Penang’s tourism industry.
“In the transition to endemicity, our state immediately attracted international investment, as Penang is a thriving investment destination backed by a mature tourism ecosystem,” Yeoh told a press conference. at Komtar today.
The hotel, closed on March 27, 2006 for “renovation until further notice”, could change its name.
The Chairman of the Malaysian Hotel Association (MAH) in Penang, Tony Goh, said he was happy and excited about the revitalization of the hotel.
“It has long been an eyesore along the beach. For us, we like to see more international customers come to Penang. They will help us to raise our level.
“They will market it and that will help us raise the profile of our customers. They have a global network.
“With this, I hope more international flights will also want to fly to Penang. This is important,” Goh said.
Source: Mutiara Newsletter