GEORGE TOWN: Cititel Hotel Management (CHM) Sdn Bhd, a subsidiary of IGB Corporation Bhd, will invest RM183 million to build two more hotels on the island.
CHM managing director Datuk Eric H.K. Lim said the properties would be built at the Gat Lebuh Noordin area by early 2014.
The two hotels are the four-star St Giles Hotel and a budget hotel - Cititel Express.
The 33-storey St Giles will have a unique facility of a helicopter pad at the rooftop, while the Cititel Express will occupy 23 storeys.
The St Giles Hotel will have 500 rooms and the Cititel Express will have 275 rooms.
Both these new hotels will be built adjoining each other at the site.
Speaking at a function to mark Cititel Penang's 15th anniversary celebrations here yesterday, Lim said the St Giles Hotel will be the fifth edition under the St Giles Hotel Group, with other hotels in the US, the UK and the Philippines.
The Cititel Express will be the second after Cititel Express in Kota Kinabalu.
He said the groundwork for the two new properties had already started in December and work was expected to be completed by 2014.
By Business Times
Friday, January 6, 2012
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