The hotel company plans to tripe its current number of hotels in the area within the next five years.
IHG (InterContinental Hotels Group) currently has four hotels across three of its brand in Malaysia; however the group is now looking to introduce Kimpton and Hotel Indigo to the market. Both of these brands are set to open in Kuala Lumpur and following this, the company has plans to have 14 more hotels across six of their brands by 2025.
The tourism industry has been hit hard by the impacts of the Coronavirus pandemic, however the company remains optimistic with Rajit Sukumaran, IHG South-East Asia and Korea Managing Director, commenting:
“Demand does exist and travel will return. At the moment, it’s going to be domestic – weekend staycation and holiday season travel. On the corporate side, we will see small meetings happening, not large events. For international travel, we expect to see leisure-driven tourists coming in as soon as the border reopens.”