Hospitality sector hots up in Penang

The Macalister Mansion which opened in 2012, attracts a mix of Asian and European guests because of the way the owners had restored the building.

Penang will see six hotel projects with an approximate gross development value (GDV) of RM693mil taking shape on the island between this year and 2017.

These six hotels comprise the RM300mil The Rice Miller Hotel & Godowns; the RM250mil The Wembley – St Giles Premier Hotel and Cititel Express Penang; the RM25mil Victoria Street Hotel; the RM33.8mil Ozo Hotel, and an unnamed RM80mil hotel in George Town.