Gurney Bay Hotel, A PARKROYAL Hotel marks fourth opening for Pan Pacific Hotels Group in Southeast Asia this year SINGAPORE , Aug. 22, 2024 /PRNewswire/ -- Pan Pacific Hotels Group (PPHG) will add Gurney Bay Hotel, A PARKROYAL Hotel to its diverse portfolio in Malaysia which consists of hotels, resorts and serviced suites. Within the first six months of 2024, the Group opened PARKROYAL Serviced Suites Jakarta in January, PARKROYAL A'Famosa Melaka Resort in February and Pan Pacific Jakarta in June, and will take over the operations of the existing hotel and embark on a phased soft renovation from 1 September 2024 .
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] ." The 368-room hotel is 10 minutes from George Town , a UNESCO World Heritage site famous for its exceptional architecture of shophouses and town houses, culture and citysca.