Business

Abandoned Penang Mutiara Beach Resort in talks to reopen after 16 years

IHG Hotels & Resorts, Tradewinds Corporation Bhd recently signed deal to renovate premises

Updated 4 years ago · Published on 23 Jun 2022 9:30PM

Abandoned Penang Mutiara Beach Resort in talks to reopen after 16 years
Once a popular resort for tourists, Penang Mutiara Beach Resort was closed for renovation in 2006. Reopening was set for 2008, then 2009 before it was closed for good. – @IDAssangkiri Twitter pic, June 23, 2022

by Ian McIntyre

GEORGE TOWN – The abandoned Penang Mutiara Beach Resort is set to reopen after 16 years as international management chain IHG Hotels & Resorts plans to renew its partnership with the property owner.

State executive councillor Yeoh Soon Hin, who oversees the tourism portfolio, told journalists here last night that IHG plans to renew its partnership with the property owner, which will allow the resort to operate after years of closure. Once a popular resort for tourists, Penang Mutiara Beach Resort has been closed since 2006.

He added state government will help facilitate plans required for submission to local authorities, and renovation is expected to be completed in 2025.

IHG and property owner Tradewinds Corporation Bhd recently signed a deal to renovate the premises.

Yeoh said the reopening of the resort is in tandem with the state’s tourism master plan 2030.

Malaysia Association of Hotels (MAH) vice-president Khoo Boo Lim said the reopening will create more jobs.

Currently, Penang has more than 13,000 hotel rooms in 127 registered hotels here. – The Vibes, June 23, 2022

Related News

Community / 20h

Paya Terubong landslide: Resident writes to 15 ADUN to seek ban on hillslope development

Malaysia / 2d

Flash floods, landslides: Penangites asked to be on alert

Malaysia / 3d

Air Itam - Tun Dr Lim Chong Eu Expressway expected to be ready by April next year

Malaysia / 4d

Penang to seek greater clarification over Waze ban

Places / 6d

Penang makes National Geographic list of top 25 cities worldwide to visit

Community / 1w

Penang: Ratepayers Association calls for immediate solution to worsening congestion

Spotlight

Malaysia

Mahathir’s RM150m defamation suit against Anwar faces uncertainty

Malaysia

Son shocked by father’s fatal hacking in FELDA settlement

Malaysia

Election Commission to meet on Nov 6 to set key dates for Sarawak polls

Malaysia

PH says final 72 hours could decide Melaka election outcome despite 70-80% target

Malaysia

RM3.28m Govt aid reaches 164 Indian community places of worship

Malaysia

Ismail Lasim holds off on new Negeri Sembilan exco appointments pending court decision

By Alfian Z.M. Tahir

Malaysia

Battersea project’s high upfront cost led to losses for Malaysian investors, says Anwar

Malaysia

Ras Adiba condemns unauthorised entry into missing TV host Zalina Azman’s home

You may be interested

Business

BNM wants Islamic finance to channel more funding into Malaysia’s growth industries

Business

Oil prices slide, ringgit weakens as Middle East diplomacy offsets supply risks

Business

Oil retreats from recent highs as Iran conflict risks keep markets on edge

Business

Gold hovers near three-month low as Fed rate outlook weighs on prices

Business

China’s AI stock rout wipes out US$480b as valuations collapse