What is the total investment for the Heritage 1926 Hotel facelift?

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The total investment for the Heritage 1926 Hotel facelift is RM20 million.

The Heritage 1926 Hotel, located along Burmah Road, is set to undergo a significant refurbishment costing RM20 million. Following the renovation, the hotel will be managed by Ascott International. This initiative aims to revitalise the historic property, which has been vacant since 2020.
Investment and Lease Agreement

A total investment of RM20 million has been allocated for the facelift of the Heritage 1926 Hotel. Local company JetBlue Sdn Bhd has entered into a 15-year lease agreement with the property owner, Penang Development Corporation (PDC), with an option for a further 15-year extension. This agreement marks a significant step towards the hotel's reopening and future operations.
Management and Refurbishment Plans

Ascott International, a Singapore-based company, will manage the hotel after its refurbishment. While the interiors will be upgraded and modernised, the exterior's heritage features will be meticulously maintained to preserve the building's historical character. The original structure comprised 24 linked houses built in 1926, reflecting Anglo-Malay architectural styles.
Reopening Timeline and Room Configuration

The target date for the Heritage 1926 Hotel's reopening is its 100-year anniversary in 2026. Originally featuring 96 rooms, the hotel will be reconfigured to offer 78 rooms after the renovation. This adjustment involves combining some of the smaller existing rooms to create a more streamlined accommodation offering.

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What is the total investment for the Heritage 1926 Hotel facelift?

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