Penang hotels expecting higher demand for rooms

Saxon said The E&O Hotel is expecting 90% occupancy over the Chinese New Year period.

Hotels in Penang are expecting to report record-breaking numbers for last year, as the hotel occupancy rate for 2013 is expected to hit close to 70%, the highest in the past five years, paving the way for a strong Visit Malaysia Year 2014.

Till November last year, hotels in Penang registered an occupancy rate of 65.79% and the sales of some 1.8 milllion room nights, compared to 60.28% and 1.6 million achieved in the same period of 2012.