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11 Nov 2026 · Development · 3 min read

InterContinental Penang Resort to open in December

IHG Hotels & ResortsTradewinds Corporation BhdTeluk BahangPenangHotels & Hospitality
Scott Seow
Probationary Estate Agent · PEA 4428 · CID Realtors Sdn Bhd
Key takeaways
  • InterContinental Penang Resort is due to open in Teluk Bahang in December 2026 with 348 rooms and suites.
  • It is the brand's first resort in Malaysia and revives the Penang Mutiara Beach Resort, closed since March 2006.
  • The owner is THR Hotel (Penang), a unit of Tradewinds Corporation, which signed with IHG in June 2022.
  • The 2022 plan was larger: 355 rooms, six villas and five restaurants and bars, for a 2025 opening.
Quick answers

When does InterContinental Penang Resort open?

In December 2026, in Teluk Bahang, according to Buletin Mutiara.

How many rooms does InterContinental Penang Resort have?

348 rooms and suites, down from the 355 rooms and suites in IHG's 2022 plan.

What was InterContinental Penang Resort before?

The Penang Mutiara Beach Resort, which opened in 1988 with 438 rooms and closed in March 2006.

Who owns InterContinental Penang Resort?

THR Hotel (Penang) Sdn Bhd, a unit of Tradewinds Corporation Bhd; IHG Hotels & Resorts runs the brand.

InterContinental Penang Resort is due to open in Teluk Bahang in December 2026 with 348 rooms and suites, the brand's first resort in Malaysia, Buletin Mutiara reported on 23 October. It brings back the former Penang Mutiara Beach Resort, which closed in March 2006 and never reopened.

The resort

  • Rooms and facilities: 348 rooms and suites, a Club InterContinental, four restaurants and bars serving Peranakan, Italian and Nikkei food, the Gemala Spa, family facilities such as trekking programmes, games rooms for teenagers and lawns facing the sea, and space for meetings and events
  • Design: draws on Penang's cultural mix, from the lobby and restaurants to the meeting rooms and children's areas
  • Bookings: expected to begin in April, Buletin Mutiara reported. Director of sales and marketing Choong Kit Siong said international travellers book six to nine months ahead
  • Owner: THR Hotel (Penang) Sdn Bhd, a unit of Tradewinds Corporation Bhd, which signed with IHG Hotels & Resorts in June 2022. It will be the second InterContinental hotel in Malaysia, after InterContinental Kuala Lumpur

How it got here

  • 1988: the Penang Mutiara Beach Resort opened on 16 September with 438 rooms, built as a joint venture between Pernas Hotel (Penang) and Singapore's Overseas Union Enterprise. Pernas Hotel Chain took over its management in 1999
  • 2006: it closed on 27 March for renovation. Reopening was set for 2008, put back to 2009 and then postponed indefinitely
  • 2022: IHG announced the InterContinental deal on 21 June, planning 355 rooms and suites, six private villas, a wellness village, three pools, five restaurants and bars and about 1,000 sq m of event space, for a 2025 opening
  • 2026: the resort opens in December with 348 rooms and four restaurants and bars, slightly smaller than the 2022 plan
The resort site on Jalan Teluk Bahang, outlined in red. Map: EPIQ, via EdgeProp

The beachfront site lies about 30 minutes' drive from George Town, with the Teluk Bahang fishing village, Penang National Park and the Tropical Spice Garden as neighbours, according to IHG.

Cover image: IHG Hotels & Resorts, via EdgeProp.

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