THE plan to resurrect the former five-star Penang Mutiara Beach Resort in Teluk Bahang after it was closed down for the past 16 years signifies international investor’s confidence in the Penang tourism industry, says state Tourism and Creative Economy Committee chairman Yeoh Soon Hin.
IHG Hotels & Resorts (IHG), one of the world’s largest luxury hotel chains, and Tradewinds Corporation Berhad, the owner of the former Penang Mutiara Beach Resort, have recently signed a deal to transform the hotel and get it up and running.
Yeoh said the state government would help them facilitate the plans required to be submitted to the local authorities, adding that the renovation works were expected to be completed in 2025.
“Their partnership shows their trust in the Penang tourism sector, although the business was clouded by the repercussion of the pandemic for the last two years.
‘Penang has shown resilience for tourism sustainability and the ability to bounce back.
“The destiny of this hotel continues to be a topic of discussion among the locals and industry players for 16 years.
“Finally, we are delighted to see its return, and also can’t wait to see to witness its revitalization in partnership with the world’s leading hospitality industry player, IHG Group.
“Definitely with the presence of IHG’s brand is totally on par with the Penang2030 vision and Penang Tourism Master Plan to elevate Penang’s tourism industry.
“In the transition to endemicity, our state has immediately attracted international investment, given that Penang is a prosperous investment destination that leverages on a matured tourism ecosystem,” Yeoh said during a press conference in Komtar today.
The hotel, which was closed down on 27 March 2006 for “renovation until further notice”, may be given a new name.
Malaysian Hotels Association (MAH) Penang chairman Tony Goh said they are happy and excited about the revitalisation of the hotel.
“It has been an eyesore for a long time along the stretch of beach. To us, we like to see more international clients coming to Penang. They will help us bring up our standard.
“They will market it and that will help us improve our guests’ profiles. They have a global network.
“With that, I hope more international flights will also want to fly into Penang. That is important,” Goh said.
Story by K.H. Ong
Pix by Alissala Thian