Penang Chief Minister Chow Kon Yeow highlights the need for increased hotel investment to accommodate the growing number of domestic and international tourists. The state currently has about 12,000 hotel rooms, but faces a shortage, particularly during peak seasons. Chow encourages the private sector to seize opportunities presented by incentives offered by the Penang Development Corporation (PDC) and the Northern Corridor Implementation Authority (NCIA).
Penang Chief Minister Chow Kon Yeow visited the swimming pool after officiating the Iconic Marjorie Hotel, a Tribute Portfolio hotel under Marriott International’s premium brand, in Bayan Lepas. — Bernama picas a first-time user . Exclusively for Malay Mail readers: Use codeGEORGE TOWN, Dec 28 — Penang is facing a shortage of hotel rooms to accommodate the growing number of foreign and domestic tourists, especially during festive seasons and major events.
“I was also informed that the Northern Corridor Implementation Authority offers incentives to private players in tourism and hospitality, not just in the manufacturing sector. I hope the private sector seizes this opportunity,” he told reporters at the soft launch of the Iconic Marjorie Hotel in Bayan Lepas here today.
Chow expressed confidence in Penang’s tourism prospects for the next two to three years, bolstered by visa exemptions for Chinese and Indian tourists, along with additional direct flights to Penang from key cities worldwide.
Tourism Hotel Investment Penang Tourist Arrivals
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