GEORGE TOWN: Penang is set to see 10 new hotels with 4,000 rooms over the next few years as the state continues to attract more tourists, says Chief Minister Chow Kon Yeow.
Chow does not think there will be any issue of an oversupply of hotels in the state.
“In fact, when international conferences or conventions are held, there is often a shortage of hotel rooms. There is definitely room for more hotels to accommodate the increasing number of visitors and tourists to Penang,” he said yesterday.
Chow said this after witnessing the signing ceremony between MTT Hospitality, a division of the MTT Group of Companies and Pan Pacific Hotels Group to transform Evergreen Laurel Hotel into Gurney Bay Hotel, a Parkroyal partner hotel.
He noted that in 2023 alone, Penang recorded almost seven million tourist arrivals, a clear sign of the industry’s resilience and appeal and that the increasing availability of direct international flights to Penang will undoubtedly continue to fuel this growth. — Bernama