PENANG MALAYSIA – Marriott International, Inc. has announced the signing of agreements with Ideal Property Group, to open Penang Marriott Hotel Queens Waterfront and Marriott Residences Queens Waterfront, Penang in the popular Malaysian island.
This signing marks the company’s second Marriott Hotel and Marriott Residence on the island, following the recent opening of Penang Marriott Hotel in April, and the anticipated opening of Penang Marriott Executive Apartments later this year.
“We are excited to collaborate with Ideal Property Group to expand our portfolio in Penang, a wonderful leisure destination and thriving economic zone in Malaysia,” said Andree Susilo, Senior Director, Hotel Development, APEC, Marriott International. “As Penang continues to prosper, we see rising demand from both international and domestic visitors and the opportunity for them to experience the wonderful hospitality that the Marriott Hotels brand is known for. This signing further underscores our commitment to the future of hospitality in Penang and is a testament to the confidence our owners have in our brand.”
“We are delighted to announce the license agreement with Ideal Property Group to introduce the latest residential development under the Marriott brand in Penang. Responding to the growing demand for elevated, hotel-inspired living, Marriott Residences Queens Waterfront, Penang is set to offer a blend of modern design and world-class amenities, paired with the personalized service of Marriott” said Penny Trinh, Vice President, Mixed-Use Development, APEC, Marriott International.
The Penang Marriott Hotel Queens Waterfront, featuring 262 rooms, and the Marriott Residences Queens Waterfront with 228 units, are scheduled to debut in 2029 as part of the mixed-use development at Queens Waterfront.
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