Thursday, August 22, 2024 Pan Pacific Hotels Group is set to expand its diverse portfolio in Malaysia with the addition of Gurney Bay Hotel, A PARKROYAL Hotel. This new inclusion will complement their existing collection of hotels, resorts, and serviced suites. In the first half of 2024, PPHG launched several properties, including PARKROYAL Serviced Suites Jakarta in January, PARKROYAL A’Famosa Melaka Resort in February, and Pan Pacific Jakarta in June.
Starting from 1 September 2024, the Group will assume management of the existing hotel and commence a phased soft renovation. Said Mr Choe Peng Sum, Chief Executive Officer of PPHG, “ Tourism continues to play a key role in Malaysia’s economy and the country’s vision is to bring in 35.6 million visitors with the Visit Malaysia Campaign 2026 [1] .
” In 2022, Penang’s economic growth surpassed the country’s growth of 8.7% [2] at 13.1%, with the strong recovery continuing into 2023 recording the highest foreign investments in the country at MYR71.
9 billion. In 2023, the state recorded a 64% year-on-year increase in passenger movements to 6.9 million [3] at Penang International Airport which accounted for 84% of passenger load in 2019.
This year, the state is targeting to receive over 5 million and 7.4 million by 2030 [4] .” Situated just 10 minutes from George Town, a UNESCO World Heritage site known for its distinctive architecture, rich culture, and vibrant cityscape, the 368-room hotel is part of the newly devel.